smallbusiness

Yesterday, Chancellor Rishi Sunak delivered his summer economic update which set out a ‘Plan for Jobs’ and included benefits to keep the hospitality industry afloat.  He announced a package of measures which he said would help to retain jobs and give business the confidence to retain and hire staff.  These included: a one off £1,000 Job … Read more

Publicans have slammed the Chancellor’s mini-Budget for failing to help stricken independent public houses and those focused on serving drinks rather than food.  Summing up the crisis facing Britain’s pubs, a pressure group forthe sector told This is Money: ‘Yesterday’s VAT cut announcement was great news for the likes of Wetherspoons but awful for independent … Read more

Millions of self-employed workers have been left devastated as they watched Chancellor Rishi Sunak deliver his Summer Statement with bated breath, only to hear nothing about receiving any Covid-19 financial support. An estimated 3million of the UK’s workforce have been left in the cold by exclusions in the support package for the self-employed, say campaigners, … Read more

With people many losing their jobs or in furlough limbo due to the coronavirus pandemic, it’s tough to know what’s around the corner. For some, it may be an opportunity to go it alone in business, using expertise, experience and contacts garnered over the years. Job fears could even be the push they need to … Read more

Approximately 230,000 of Britain’s self-employed continue to be excluded from any Government support because they have had trading profits of £50,000 or more in the last three years. Campaigners are calling on the Chancellor to step in and remove their exclusion from the self employment income support scheme, when he makes a summer statement to … Read more

The past few months have been some of the most difficult in living memory for Britain’s small and medium-sized enterprises.  They have seen their incomes disappear overnight and battled to get Government-backed grants and loans. They have had to furlough staff, move sales online and even launch entirely new ventures. Now that restrictions are starting … Read more

Left in the lurch: Kate Solomons’s small business has dried up in the crisis Small business owners have been forced to raid personal savings to prop up their cash-starved companies – 100 days after lockdown began.  Back in March, Chancellor Rishi Sunak unveiled a package worth more than £300 billion to support British businesses and … Read more