Nigel Farage’s proposal to raise the VAT registration threshold from £90,000 to £150,000 could be one of the biggest shake-ups for small businesses in decades. Supporters say it would free thousands of firms from red tape, encourage growth and keep prices lower for customers. Critics warn it could create new market distortions, costContinue reading “Could a £150,000 VAT threshold unleash Britain’s entrepreneurs?”
Category Archives: Liz Barclay
Sky-high energy bills and cheap imports threaten UK pottery heritage
The UK’s small businesses are bracing for another difficult year after the CBI warned that 200,000 jobs could disappear by Christmas as growth slows, inflation rises and business costs continue to climb. With energy prices increasing, employer National Insurance contributions higher, wage bills rising and consumer spending under pressure, many small and microContinue reading “Sky-high energy bills and cheap imports threaten UK pottery heritage”
Quarter of British musicians lose all EU work after touring collapse
Britain’s music industry is sounding the alarm after a new report revealed that more than a quarter of UK musicians have lost all their European Union work since 2021, while average touring earnings have fallen by almost half. Once seen as an essential route to building audiences and careers, European touring is nowContinue reading “Quarter of British musicians lose all EU work after touring collapse”
Late payment crisis costs Britain 38 businesses every day
Small businesses across the UK are still being forced to wait months for money they have already earned, with late payments contributing to an estimated 38 business failures every day. Now a new Commercial Payments Bill making its way through Parliament aims to tackle the problem by capping payment terms, banning controversial constructionContinue reading “Late payment crisis costs Britain 38 businesses every day”
Property firms collapsing at fastest rate in a decade
The UK’s property sector is suffering its worst wave of business failures in more than a decade, with hundreds of firms already going bust this year and industry leaders warning that the fallout could spread far beyond real estate. Estate agents, developers, management companies and property businesses are being squeezed by high borrowingContinue reading “Property firms collapsing at fastest rate in a decade”