Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 04th October , 2022

BoE raises interest rates to 14-year high The Bank of England has raised interest rates from 1.75% to 2.25% and indicated that Britain’s economy is now in recession. A majority of the Bank’s nine-member monet[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 03rd October , 2022

NI rise to be reversed in November A 1.25% rise in National Insurance will be reversed from 6 November, and a planned levy to fund health and social care will be scrapped, Chancellor Kwasi Kwarteng has announced. Th[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 30th September , 2022

UK SMEs brace for steep rise in redundancies New research from Citation has found SMEs are starting to brace for widespread redundancies as inflation continues to surge and worries around an incoming recession grow. The[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 29th September , 2022

Small business owners feel they have “nobody to confide in” Nearly half of small business owners feel they have "nobody to confide in" about their problems and the stress they are under, according to research[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 28th September , 2022

The Chancellor has announced plans to abolish the IR35 off payroll working rules for the public and private sector from April 2023   The off payroll working rules were introduced in 2017 for the public s[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 27th September , 2022

Brits are saving two-thirds less than last year Analysis by Paragon Bank suggests that the amount people in the UK who are saving is falling dramatically. The total saved in June was two-thirds down on June 2021’s [...] continue reading