Tag: In Business

Sep 26

Over 800,000 businesses created in the UK this year – near record highs despite economic stress

There were 808,000 new businesses created in the UK in the past year, still close to record highs despite the economic stress of inflation and rising interest rates. Thats according to private equity investment firm Growthdeck, who says that the Covid-19 pandemic unleashed a new wave of entrepreneurialism in the UK. Many individuals have taken advantage of […]
Sep 23

The Chancellors’ winners and losers

High earners will benefit most from today’s mini budget announcement. Speaking to Business Matters Paul Haywood-Schiefer, Senior Manager at leading tax and advisory firm Blick Rothenberg said: “The reversal of the recent increase to NIC rates will provide savings to all earners, where their income is above around £10,000 per annum (and assuming similar reductions are made […]
Sep 22

What to look out for in Kwarteng’s mini-budget

Chancellor Kwasi Kwarteng will make his maiden fiscal statement tomorrow announcing a radical shift in the UK’s economic policy mix at a time when households and businesses are suffering from record energy prices, eye-watering inflation and a looming recession. Here is what to expect from the mini-budget: Liz Truss has announced an emergency price cap on […]