business confidence Archives - WRLO Accountants https://www.wrloaccountants.co.uk/tag/business-confidence/ Chartered Accountants & Business Advisors Sat, 06 Apr 2024 08:22:40 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://www.wrloaccountants.co.uk/wp-content/uploads/2018/01/cropped-WRLO-logo-big-32x32.jpg business confidence Archives - WRLO Accountants https://www.wrloaccountants.co.uk/tag/business-confidence/ 32 32 Business groups say challenges remain despite encouraging Budget https://www.wrloaccountants.co.uk/business-groups-say-challenges-remain-despite-encouraging-budget/ Sat, 06 Apr 2024 08:22:38 +0000 https://www.wrloaccountants.co.uk/?p=4032 The UK’s business groups warned that challenges remain despite the Chancellor delivering an encouraging Spring Budget. The British Chambers of Commerce (BCC) said that while the cut to NICs would ‘boost jobs’ it had failed to ‘shift the dial’ for business. Shevaun Haviland, Director General of the BCC, said: ‘Following the Autumn Statement this Budget was always set to deliver less for business, although changes to national insurance will provide some momentum. ‘However, beyond this there were no major announcements to help shift the dial on conditions for business. Business confidence is improving but the coming months will remain challenging for many companies. It is vital that the economy remains front and centre of the campaign to come.’ The Institute of Directors (IoD) branded the Spring Budget ‘unremarkable’ for businesses. Roger Barker, Director of Policy at the IoD, said: ‘First and foremost, business was hoping for a Budget that would maintain a stable and credible policy framework for business. The Chancellor largely delivered that. However, beyond that, there was little in the announcements that can be regarded as a game-changer for business.’ Meanwhile, the Association of Independent Professionals and the Self-Employed (IPSE) said the Chancellor had ‘failed to address the […]

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]]> February 2023 https://www.wrloaccountants.co.uk/february-2023/ Fri, 03 Feb 2023 12:20:11 +0000 https://www.wrloaccountants.co.uk/?p=3758 In this month’s Enews we look at changes to the government’s energy support schemes and the latest analysis of inflation. We also update you on reforms to Research and Development (R&D) reliefs and the results of the ICAEW’s Business Confidence Monitor. With news on SME exports and the skills shortage, there is a lot to update you on. Energy bill support for firms to be reduced from April Bank of England raises interest rates to highest level in 14 years Government launches consultation on R&D relief Fewer firms investing in training despite skills shortage UK business confidence plummets to 13-year low Small firms ‘facing challenges when applying for financing’ BCC warns SME exporters ‘under tightening pressure’ Pensioners outnumber young people for filing self assessment tax returns Energy bill support for firms to be reduced from April Businesses will receive reduced support for their energy bills from April as the UK government attempts to cut the cost of compensating for soaring gas and electricity prices, the Treasury has confirmed. The Treasury said that the government will cap support at £5.5 billion for businesses over 12 months from 1 April 2023. Bills will automatically be discounted by up to £6.97 per megawatt hour (MWh) for gas […]

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