Bank Of England Cuts Interest Rates To 4.75%
The Bank of England reduced the base rate from 5% to 4.75% following a 0.25 percentage-point cut in August, which was the first drop in…
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Finance
Pushing the Envelope – Why It Pays To Have a Holistic View of Card Payments
In a world where businesses are increasingly facing pressure on resources and margins, having the right payment systems partner becomes crucial. Payment services are one…
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UK Consumer Confidence Hits a New Record Low of -44 in August
UK consumer confidence has hit a record low after inflation hit double digits (10.1%) for the first time since 1982. GfK’s Consumer Confidence Index showed…
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Domino’s Failure to Step into the Italian Market Exposes Gap in its Localization Strategy, says GlobalData
Affordability was also a driving factor in consumer decision making, not just product quality. GlobalData’s survey also revealed that over half (55%)* of Italian consumers are extremely or somewhat concerned about their financial situation due to COVID-19.
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Managing Cash Flow Issues In Your Business
By Gary Hemming CeMAP CeFA CeRGI CSP of ABC Finance Ltd (www.abcfinance.co.uk) As we move toward the end of the pandemic and into a cost…
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Licensed Trade Charity Announces Over 120k People Helped Since the Start of Covid
After a challenging trading period through December and Christmas for the licensed drinks sector the Licensed Trade Charity has announced it has helped over 120k people
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Company Insolvencies Increase as Tough Year Ahead Forecast
Insolvency figures released for December 2021* by the Government’s Insolvency Service showed a 20% increase in corporate insolvencies compared to the same month
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Making Tax Digital for VAT is Coming – Are You Ready?
Businesses are reminded to take steps to prepare for Making Tax Digital for Value Added Tax (VAT) before it becomes mandatory for all VAT-registered
Read more...Omicron Cash Grants in England Available from Today
Businesses in England most impacted by the Omicron variant will be able to tap into a multimillion-pound support package in the coming weeks
Read more...Retailers Urged to Accept Cash Payments that Match New £100 Contactless Limit in Cash Fight Back
A “cash fight back” has stepped up a level with retailers being urged to accept cash payments to at least to the same level as the new £100 contactless limit. The call comes from consumer champions
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Why the Budget is Pivotal for the Hospitality Industry
The Chancellor will later today announce the new Budget, unveiling the plans to move the country forward after the challenges thrown at us during the pandemic.
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CBI Warns Government Budget Must Tackle a Fundamental Inconsistency in its Economic Strategy
The CBI has warned the Government against new business tax rises in next week’s Budget (and Comprehensive Spending Review) or face dampening the economic
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Over 200 Hospitality CEOs Sign Letter urging the Chancellor to Permanently keep 12.5% VAT
Leading industry figures add their support to UKHospitality’s #VATsEnough campaign
Chief executives of the UK’s best loved pubs, bars, restaurants, cafés, hotels
Read more...Why Skating Over Business Rates in Budget 2021 Will be a Mistake
The Government must not just skate over business rates when it finally responds to the consultation on business rates reform in the Autumn Statement on Wednesday
Read more...September’s CPI Rate Signals Business Rates Rises Of £1 BILLION In England Next April
The Consumer Prices Index (CPI) measure of inflation for September, released by the Office for National Statistics this morning, determines business rate rises for the following financial
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