I would like to say a huge Thank You to Paul Andrews and Jules Serkin, for inviting me to talk about Accsys Accountants and other business matters on the Business Bunker Radio Show on Channel Radio yesterday. It was a great experience to see behind the scenes and [...]
Bank of England hints at future interest rate rise The Bank of England has signalled it will raise interest rates in "coming months" in response to high inflation, but held off on an immediate increase. On Thursday 04th November 2021 a vote was held by the bank policymakers, this vote concluded [...]
Autumn Budget 2021 and your small business UK Business Forums described Wednesday's Autumn Budget as a "non-event" for small businesses, which offered little reassurance of a robust plan for their economic recovery. Here is a breakdown from the Autumn budget 2021: Business rates cut by 50% for retail, leisure, and hospitality [...]
It’s still true to say that the Jury is still out on cryptocurrencies. Finance and Business gurus from Warren Buffet to Elon Musk have commented both negatively and positively on them, and the second-largest economy in the World, China, has made transactions in them illegal. But all this is window dressing [...]
There was a budget today apparently – but you may not have noticed, due to the lack of significant changes that will impact you, our clients, directly. Much of the announcements centred around additional funding being allocated to public services which, I suppose, made a change from the theme of more recent announcements, with furlough, [...]
UK contactless card limit more than doubles to £100 People in the UK using contactless cards can now spend up to £100 a time, after the limit on payments more than doubled on Friday 15 October 2021. Originally the cap was increased to £45 at the start of the pandemic to [...]
Running your own business is a risk, stepping away from a regular pay cheque for the uncertain profits of a business, is a risk. But you can’t stop there, because if you want to grow your business you are going to have to leave your comfort zone time and time again. [...]
PM set to raise National Living Wage to £9.42 an hour Boris Johnson is expected to increase the National Living Wage to £9.42 an hour – but some small firms may struggle to cover the cost. The rise will be introduced as part of the government’s plans to end the “low-wage, [...]
Businesses are started for many reasons and the main reason, underneath all the other ones, is to make a profit. No one sets out to make a loss and an occasional monthly loss is not a problem, but this blog explores consistent losses. Why do some businesses make consistent losses? To [...]
On my way to the office this morning, I passed 3 petrol stations all with queues of traffic and I couldn’t help thinking back to the last fuel crisis – I think it was a tanker driver strike – and the stress of trying to run a business when you don’t [...]
