Managing costs

Rising inflation drives down spending

60% of families feel the squeeze on living costs as inflation hits 3%.

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Childcare gap for parents of 1-year-olds

Parents see costs skyrocket before child’s 2nd birthday.

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Sole traders ‘lack income protection’

93% of self-employed workers lose income if they become unwell.

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Tax break for festive office party

Employers can claim £150 per head towards the Christmas party.

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Sole traders run risk of cash crisis

Research shows just 4% have income protection policies.

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Failure to pay minimum wage costs firms

233 employers forced to pay back £2m in wages and fined £1.9m.

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National living wage affects SME profits

Are your profits falling as a result of the latest national living wage rise? This has happened for a majority of business owners.

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Proposed changes to improve funeral payments scheme

The government is proposing changes to the way individuals can claim payments to cover funeral costs for an immediate friend or relative.

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New Prompt Payment Code measures announced

New measures to support Prompt Payment Code have been backed in a letter from Small Business Minister Margot James.

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Cost of national living wage affecting profits

The cost of the new national living wage continues to affect profitability for small businesses.

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