Managing costs

Rising inflation drives down spending

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

Childcare gap for parents of 1-year-olds

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

Sole traders ‘lack income protection’

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

Tax break for festive office party

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

Sole traders run risk of cash crisis

Research shows just 4% have income protection policies.

Failure to pay minimum wage costs firms

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

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.

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.

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.

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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