
Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 16th September , 2020
New challenges for small motorsport firms Sarah Bridge in the Mail on Sunday says small firms that have made it through the lockdown face new challenges as support schemes wind down, adding that local lockdowns and unce[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 09th September , 2020
BoE policymaker: Further QE may be needed to hit inflation target Senior Bank of England (BoE) policymaker Michael Saunders has warned an economic recovery could stall, pushing the Bank to increase quantitative easing [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 09th September , 2020
Half of SMEs’ and freelancers’ invoices paid late According to new research by accounting software firm FreeAgent, just 54% of almost 2m invoices sent by its freelance and SME customers between January 2019 [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 07th September , 2020
Chancellor asks OTS to review capital gains tax Chancellor Rishi Sunak has asked the Office of Tax Simplification (OTS) to carry out a thorough review of capital gains tax (CGT). In a letter to the OTS, the Chancellor [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 02nd September , 2020
BoE data fuels hope of V-shape recovery Bank of England (BoE) figures for July have raised hopes that the economy may be heading toward a V-shaped recovery, with borrowing on the up. July saw households borrow an extra [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 02nd September , 2020
SMEs look to cut costs A survey by Hitachi Capital Business Finance shows that 61% of SMEs are looking to cut costs, up from 39% at the start of the year. The number of smaller firms targeting cashflow improvements as [...] continue reading