There is no getting away from the fact that it has been a difficult few years for businesses big and small. The pandemic, withdrawal of support and then the rise of energy prices have all been a perfect storm of trouble. As a result, it’s hardly a surprise that there are so many organisations that [...]
There is no doubt that the UK economy has fallen on hard times in recent years. This is due to several reasons, but large contributing factors are the pandemic and its subsequent impacts, paired with political unrest. As a direct result of this uncertainty, a lot of businesses have been forced to close. The number [...]
The UK is an interesting place at the moment. Energy prices are rising, the cost of living is growing increasingly more expensive, and public sectors are sporadically going on strike, making organising plans a hassle and causing concern over health risks. These strikes have been met with a refusal from the government to improve the [...]
In the early days of the pandemic, as the world came to grips with what was actually going to happen in terms of social life, family life and work, the government made adjustments in order to help people through such unprecedented circumstances. Whilst a lot of these were effective, there were also issues surrounding different [...]
Over the past few weeks and months, the UK has found itself in a relatively unstable position as government debt, pensions, and political instability has led to a large amount of volatility. This article is going to talk in more detail about what actually caused Financial Market Turmoil and whether or not the British public [...]
It was announced by the Bank of England recently that the UK may well be facing the longest recession it has ever witnessed. Thanks to the recent economic downturn that the country has seen, it is expected to enter into a recession that could well extend all the way into 2024. Unemployment is expected to [...]
If your business is insolvent and you are hoping to sell it, then you might be interested in a pre-pack administration. This process can help organisations as it facilitates the sale of a business which finds itself insolvent. All of the negotiations pertaining to business assets happen before an administrator is appointed, which means that [...]
Throughout 2022, government support after the pandemic has steadily started to get phased out. As such, there has been an increase in insolvencies throughout the country, and this is expected to continue for the back end of 2022 and during the first half of 2023 as well. GDP across the country is expected to slow [...]
When you are a limited company, your organisation is going to be responsible for paying corporation tax on the yearly profits that you bring in. These taxes can be quite high, but you will be happy to know that there are a number of different ways you are able to reduce your final tax bill. [...]
The rules that surround your benefits and inheriting money can be somewhat confusing. If you have recently inherited some money and are wondering whether or not it will affect your benefits, then you’re in the right place. The truth is that it might, but this all depends on the kind of benefit you’re claiming. Inherit [...]
