UK Economy

a blog featured image entitled Do Products Get Cheaper In A Recession

Do Products Get Cheaper In A Recession?

If you are passively observing market prices at this time, your initial answer to the question posed in the title would be “Yes, products do get cheaper.” However, if you dig a little deeper, this is actually not the case – for most companies, at least. In this article, we will be discussing more on …

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a blog featured image entitled UK Tax System Policy Tweaks

UK Tax System Policy Tweaks

The past nine months since COVID-19’s global spread has pushed the UK government to make drastic economic, political, and legal moves to ensure the safety of the citizens’ lives and livelihoods.  New hospitals were created, clinical trials were pushed as a priority, and the government has come up with several strategies to protect the job …

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a blog featured image entitled How to Sell in Economic Crisis

How to Sell in Economic Crisis

So many efforts have been put forth to stave off the economic effects of the coronavirus pandemic lockdown. The government has been increasing business and employment grants. The Bank of England has already injected 100 billion pounds to the UK economy in hopes that quantitative easing would help markets whirl and churn. Even private organisations and non-profits have banded together to help …

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a blog featured image entitled All the Things You Need to Know About New Business Government Grants

All the Things You Need to Know About New Business Government Grants

Are you planning to start a business and find yourself stuck at the part where the money is involved? We totally understand. Creating, managing, and growing a business is challenging–not only mentally, but also financially. In this article you will be engaging in new business government grants. However, there are a lot of government grants in …

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Additional Grants for England Businesses

“No business should be punished for doing the right thing,” says Business Secretary Alok Sharma, as Ministers announced additional business grants of up to £1,500 for businesses affected by localised lockdowns. Resource – https://www.gov.uk/government/news/ministers-announce-new-grants-for-businesses-affected-by-local-lockdowns As part of the continuous COVID-19 interventions, localised lockdowns are implemented in high incidence areas. Businesses interrupted by these targeted restrictions …

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a featured blog image for a topic All the Things You Need to Know About Registering Your Own Solo Business with the HMRC

All the Things You Need to Know About Registering Your Own Solo Business with the HMRC

In the United Kingdom, the most common way of starting a business is registering as a sole trader. Simply put, sole trader businesses are very small businesses with low turnover, low risk, and with a single owner. If you are also just starting to work for yourself, you’re classed as a sole trader. This means …

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5 Things You Need to Know About the Furlough Scheme

5 Things You Need to Know About the Furlough Scheme

As part of the United Kingdom’s response to the unprecedented COVID-19 pandemic, the government has introduced the Coronavirus Job Retention Scheme or the Furlough Scheme. In this initiative, employers will be given government support to continue paying part of the furloughed employees’ salaries until October 31. What Is Furlough? But first, what does the word “furlough” mean? Generally, “furlough” …

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How To Close Down Your Business Responsibly

The COVID crisis has been one of the most damaging world events in recent history. The United Kingdom is still battling its apparent hold on our population. This has also led to many other issues. The world market is crashing, and many local businesses are suffering because of it. Here’s an ideal insight on how to close …

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a featured image of a blog post that highlights the topic Kickstarter Scheme – Government to Encourage Employing of 16-24-year old on Universal Credit

Kickstarter Scheme – Government to Encourage Employing of 16-24-year old on Universal Credit

The new Kickstarter scheme unveiled by Chancellor Rishi Sunak during the summer statement aims to help the employment of workers under 16-24 years old by funding employers with a £2 billion budget. The Kickstarter scheme – the program benefits young workers who are currently under the Universal Credit program, which is a government-funded initiative that helps low-income …

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