Current challenges in the retail industry make banks reluctant to lend to small retailers
Bank lending to small and medium sized retailers in the UK has fallen 6% from £15.6bn* to £14.7bn since the Brexit vote in 2016, meanwhile large retailers have benefitted from a sharp rise in bank lending, says accountants and business advisors, Moore.
Brexit risk assessment
It looks increasingly likely that we are heading for a no-deal Brexit. Taken literally, this means that our present relaxed trading relationship with customers and suppliers in the EU will cease at the end of October this year.
Increase in business liquidations caused by Brexit uncertainty
The number of businesses being wound up has soared to the highest level for five years as firms fight to deal with rising interest rates and Brexit disruption.
Increase in business liquidations caused by Brexit uncertainty
The number of businesses being wound up has soared to the highest level for five years as firms fight to deal with rising interest rates and Brexit disruption.
What is the government doing to prepare us for Brexit?
According to a recent announcement on the GOV.UK website, preparations include:
• Recruitment of 700 new staff to work on EU Exit policy using additional funding allocated by HM Treasury for Brexit preparedness.
What is the government doing to prepare us for Brexit?
According to a recent announcement on the GOV.UK website, preparations include:
• Recruitment of 700 new staff to work on EU Exit policy using additional funding allocated by HM Treasury for Brexit preparedness.
Set your New Year resolutions
This is not the place to discuss your personal options, but this is an ideal time to consider your business and personal financial planning options for 2019.
What are your options?
Set your New Year resolutions
This is not the place to discuss your personal options, but this is an ideal time to consider your business and personal financial planning options for 2019.
What are your options?
HMRC delays MTD for businesses below the VAT threshold
It has been announced by HMRC’s Making Tax Digital (MTD) team that plans still remain in place for VAT registered businesses, but the wider extension of the MTD programme for non-VAT registered businesses will be delayed, due to Brexit and the Government resources being stretched.
HMRC delays MTD for businesses below the VAT threshold
It has been announced by HMRC’s Making Tax Digital (MTD) team that plans still remain in place for VAT registered businesses, but the wider extension of the MTD programme for non-VAT registered businesses will be delayed, due to Brexit and the Government resources being stretched.