
Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 10th June , 2020
Workers would pay more tax to fund recovery More than three quarters of workers would be willing to pay more income tax to cover the cost of the Government's coronavirus rescue package, according to a survey of 2,000 p[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 03rd June , 2020
National debt set to hit £2trn The cost of the coronavirus crisis is set to see Britain’s national debt reach £2trn for the first time, with projections from the Office for Budget Responsibility sugges[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 03rd June , 2020
Hit to economy may be short and sharp A report from Oxford Economics suggests a strong recovery following the coronavirus pandemic is likely, with the economic impact of the crisis potentially set to be sharp but short.[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 03rd June , 2020
Small firms borrow over £18bn under government scheme A total of £27.5bn in emergency lending has been provided to more than 650,000 businesses by banks, according to Treasury figures. Over £18bn was [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 03rd June , 2020
Sunak considers NI holidays while tax rises are unlikely The Telegraph reports that Chancellor Rishi Sunak is considering national insurance holidays for companies as part of an economic recovery stimulus package set t[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 27th May , 2020
Andy Haldane predicts rapid V-shaped recovery The Bank of England’s chief economist has said the UK economy is on course for a short V-shaped recession following signs of a "modest recovery" in spending and busin[...] continue reading