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Building supplies shortage has cost UK tradespeople over £3.5bn

The building supplies shortage has cost UK tradespeople over £3.5 billion – with almost 80% saying they’ve had to turn down work in the last three months as a result… The post Building supplies shortage has cost UK tradespeople over £3.5bn appeared first on London Business News | Londonlovesbusiness.com.

Revolut’s credit risk provider warns Autumn Budget is overly optimistic for small businesses

Following the Chancellor’s Autumn Budget small businesses are concerned over inflation and rising taxes, the Federation of Small Businesses (FSB) has said. The FSB acknowledged that the Chancellor has delivered… The post Revolut’s credit risk provider warns Autumn Budget is overly optimistic for small businesses appeared first on London Business News | Londonlovesbusiness.com.

Chancellor makes progress on business rates, but inflation and tax clouds gather

Following the Chancellor’s Autumn Budget small businesses are concerned over inflation and rising taxes, the Federation of Small Businesses (FSB) has said. The FSB acknowledged that the Chancellor has delivered… The post Chancellor makes progress on business rates, but inflation and tax clouds gather appeared first on London Business News | Londonlovesbusiness.com.

Chancellor slammed over economic masterplan as ‘no one is going to be better off’ due to the threat of inflation

As the Chancellor Rishi Sunak is preparing his Autumn Budget, a former MEP Lance Forman has slammed him over his “frustrating” plan and warned about the threat to inflation. Forman… The post Chancellor slammed over economic masterplan as ‘no one is going to be better off’ due to the threat of inflation appeared first on…

Smaller businesses responsible for around half of all UK greenhouse gas emissions

The British Business Bank reveals today that, based on its estimates, smaller businesses account for almost a third (30%) of all current UK greenhouse gas emissions (including emissions from households,… The post Smaller businesses responsible for around half of all UK greenhouse gas emissions appeared first on London Business News | Londonlovesbusiness.com.

59% of workers don’t think they’re paid ‘what they are worth’

A new survey by HR software provider CIPHR suggests that most people don’t believe they’re being paid what they think ‘they are worth’ to do their current jobs. And, perhaps… The post 59% of workers don’t think they’re paid ‘what they are worth’ appeared first on London Business News | Londonlovesbusiness.com.

Money muteness holding back the nation’s small business owners

New research from GoCardless, a global fintech in account-to-account payments, has revealed that the stigma attached to talking about money has left British small businesses vastly under- and unpaid. The… The post Money muteness holding back the nation’s small business owners appeared first on London Business News | Londonlovesbusiness.com.

Small businesses wasting £880m making R&D tax credit claims

Small and medium businesses are spending an estimated £880 million a year hiring expensive specialists to claim R&D tax credits[1], according to new app Novel that automates and checks claims.… The post Small businesses wasting £880m making R&D tax credit claims appeared first on London Business News | Londonlovesbusiness.com.

Small firms losing £25bn a year to tax admin as the Budget nears

The Making Tax Digital initiative, which the Government states should be “making it easier for individuals and businesses to get their tax right and keep on top of their affairs”,… The post Small firms losing £25bn a year to tax admin as the Budget nears appeared first on London Business News | Londonlovesbusiness.com.

Expert warns millions of people could be worse off with wage inflation

Wage inflation could lead to millions being less well off, says leading tax and advisory firm Blick Rothenberg. David Hough, a partner at the firm said, “The Government has a… The post Expert warns millions of people could be worse off with wage inflation appeared first on London Business News | Londonlovesbusiness.com.

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