SMEs ‘struggling to access finance’
Small and medium-sized enterprises (SMEs) are struggling to access finance and working capital, according to a report published by the Association of Chartered Certified Accountants (ACCA). The ACCA’s data showed…
Business
Less than 1% of small firms receiving net zero help
Less than 1% of small firms have benefitted from key local support schemes across England on net zero, according to research from the Federation of Small Businesses (FSB) and Warwick Business…
Number of cash transactions rises for first time in a decade
The number of payments made with cash rose for the first time in a decade in 2022, according to data published by UK Finance. According to UK Finance, the total…
Government launches Business Climate Hub
The government has launched the UK Business Climate Hub to offer firms advice and support on reducing their energy bills and cutting their carbon emissions. The Hub includes a free…
Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 September 2023. The guidance states: ‘you can use the previous rates for up to one month from…
Inflation falls to 6.8% in July
The UK’s annual inflation rate fell to 6.8% in July, down from 7.9% in June, according to the latest data from the Office of National Statistics (ONS). It is the…
UK set for five years of lost economic growth, warns think tank
The UK is set for five years of lost economic growth, according to research from think tank the National Institute for Economic and Social Research (NIESR). The NIESR said the series…
CMA scheme will force retailers to publish live fuel prices
A new fuel finder scheme to enable drivers access to live fuel prices and revitalise competition in the retail road fuel market, according to the Competition and Markets Authority (CMA)….
South Yorkshire named as first UK Investment Zone
South Yorkshire has been named as the UK’s first Investment Zone by Chancellor Jeremy Hunt. The status could bring £1.2 billion in funding and see up to 8,000 new jobs…
Tax down on pints but up on wines and spirits in Alcohol Duty overhaul
The largest overhaul of alcohol duty in 140 years sees drinks taxed by strength rather than category from 1 August. It also sees the introduction of Small Producer Relief, which aims to…
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