What does ESG mean for your business?
Oct 07, 2022
Environmental, Social and Governance (ESG) is a set of regulations designed to assess a business’ influence on society, the environment, and its transparency on such matters. With the CBI revealing that ESG impacts two-thirds of those looking to invest in a business, you ...
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Will the falling pound help boost tourism?
Oct 04, 2022
Acting as a silver lining amidst a storm of uncertainty, the crashing pound is likely to attract more US visitors to the UK, it has been suggested. The pound plunged to a record low against the dollar after the Chancellor, Kwasi ...
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33,000 new loans available for small businesses
Sep 30, 2022
An £884 million loan scheme for new businesses is to be expanded, it has been revealed. Announced by Business Secretary Jacob Rees-Mogg last week, there are 33,000 new loans available, offering much needed financial support to start-ups across the UK. The scheme’s ...
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Corporation Tax rise axed as Chancellor aims for growth
Sep 27, 2022
Chancellor Kwasi Kwarteng's mini-Budget has scrapped a planned rise in Corporation Tax as part of a wide-ranging raft of tax-cutting measures announced last week. The Government says the move to scrap the rise will save £18.7 billion per year by 2026 as ...
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Fiscal Statement
Sep 23, 2022
With a new King at the Palace and a new Prime Minister at Number 10, it was no surprise that the new Chancellor at Number 11 used his first statement to the House of Commons to signal a ...
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Are you a sole director operating under the Model Articles?
Sep 22, 2022
A recent legal case has concluded that private limited companies operating under Model Articles must have at least two directors. Before the ruling, under article 7(2) of the Model Articles, it had been widely assumed that if a business had a ...
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What do you need to know about the Energy Bill Relief Scheme?
Sep 21, 2022
The Government has outlined a new Energy Bill Relief Scheme to support households, businesses and public sector organisations tackling soaring energy bills. The figure is set to be capped at less than half the wholesale costs on previously predicted bills, offering ...
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How a ‘fiscal event’ differs from a Budget
Sep 20, 2022
A ‘fiscal event’ is to be delivered on Friday, setting out what help is to be made available to get people through the winter and the cost-of-living crisis. It operates differently from the full Budget and Chancellor Kwasi Kwarteng is to ...
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Late payments: A big cost for small businesses
Sep 15, 2022
Late payments are costing small businesses £684 million per year, in addition to rising inflation, data has revealed. According to the study of thousands of companies, conducted by Accenture with help from Xero, the cause of this loss is due to firms ...
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Tourism Tax – Will it help or hamper small tourist businesses?
Sep 14, 2022
Several cities, including those in the UK and the EU, are considering introducing a tax on visitors. There are major implications for introducing such a tax, with many hailing it as a great way to raise much-needed revenue for investment hotspots. On ...
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