September 26, 2022
UK SME’s ‘to be offered growth loans’ as part of Liz Truss’s swathe of economic recovery plans
UK’s small businesses will be offered new ‘growth loans’ by the Government as part of the Prime Minister’s efforts to boost the economy. Liz Truss made the announcement writing in yesterdays Mail on Sunday that there would be an extension of the Government’s Start-Up Loans programme – which offers support and funding to new businesses […]
September 25, 2022
Ignore the howls of protest: It’s right to reward the risk-takers and the hard-working
The widely trailed mini-budget of our new Government has provoked howls of protest from the massed ranks of economists and commentators who, until last week, represented conventional wisdom. Sometimes it is right to kick against orthodoxies – to defy the ‘not how things are done around here’ mentality. And at long last, HM Treasury is […]
September 24, 2022
Secrets of Success: Ali Hamriti, CEO and co-founder of Rollee
Rollee enables worker’s to share their professional data, spread over one or more financial platforms. Ali Hamriti, CEO and Co-Founder of Rollee, is on a mission to tackle the inequalities of financial service systems that were designed to serve ‘traditional’ customers who have only one job and one income to verify. Now with an increasing […]
September 23, 2022
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 […]
September 23, 2022
PR advice: Seeding a story is equally important to news reaction
The equal and opposite action of reacting to trending news and then coat tail riding the story of the day with your expert opinions – is the seeded or placed story. This is where you set your own news agenda in the form of a bespoke narrative. News reaction through parasitic means and its opposite, […]
September 23, 2022
IR35 reforms to be scrapped in April 2023
Reforms to the off-payroll working rules, known as IR35, are to be scrapped from April 2023, the Treasury has announced. This will mean that from 6 April 2023, contractors working for an organisation via an intermediary will once again be responsible for determining their employment status and paying the appropriate amount of tax and national […]
September 23, 2022
Mini Budget: UK needs inclusive economic growth, not isolated hot spots
Professor John Bryson, Chair in Enterprise and Economic Geography at the University of Birmingham offered his opinion about the economic measured announced today by Chancellor Kwasi Kwarteng. Professor Bryson is an economic geographer whose research focusses on understanding people, organisations and the complex ways in which production is organised through space, place and various forms of […]
September 23, 2022
Made.com plans to cut a third of staff as it seeks buyer or investment
Made.com is seeking a buyer or emergency investment as the embattled online furniture retailer plans to shed more than a third of staff to stretch its dwindling cash reserves. The company, which in July warned of job cuts as increasingly cash-strapped consumers stopped spending on “big-ticket” items, has withdrawn full-year guidance as sales plummet. Made.com […]
September 23, 2022
Business reaction of mini-budget slams ‘irresponsible’ Kwarteng
UK SME’s have been very dismissive of Kwasi Kwarteng emergency mini budget, with some branding it as “Trussmoronics not Trussonomics”. We have spoken to a number of UK SMEs to get their reaction to the emergency mini budget that Kwasi Kwarteng and Liz Truss hope will see Britain extricate itself from the current financial crisis engulfing the […]
September 23, 2022
Business reaction of mini-budget slams ‘irresponsible’ Kwarteng
UK SME’s have been very dismissive of Kwasi Kwarteng emergency mini budget, with some branding it as “Trussmoronics not Trussonomics”. We have spoken to a number of UK SMEs to get their reaction to the emergency mini budget that Kwasi Kwarteng and Liz Truss hope will see Britain extricate itself from the current financial crisis engulfing the […]
September 23, 2022
Chancellor scraps 45p top rate of income tax
Kwasi Kwarteng has announced that he will scrap the top 45p rate of income tax and cut the basic rate of income tax by 1p next year as part of a “bold and unashamed” push for growth. The chancellor announced £50 billion worth of tax cuts including scrapping the rise in national insurance, freezing corporation […]
September 23, 2022
Mini-budget 2022 highlights: a summary of the key points
Here are the main points of Kwasi Kwarteng’s fiscal statement on the government’s economic plan to drive down inflation and cut taxes to bolster growth. Energy bills Energy bills for households have been capped at an average of £2,500 a year for two years, a £1,000 saving at current energy prices. Bills have also been […]