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£10 million ‘Brexit readiness fund’ launched for UK businesses September 4, 2019

The UK government has unveiled a £10 million grant scheme to help businesses prepare for Brexit. The Business Readiness Fund is open to businesses, organisations and trade associations throughout the UK. The fund can be used to support events, training and the production of advice packs to assist businesses in making sure they are fully
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UK manufacturing output ‘stabilised in three months to August’, CBI finds August 28, 2019

Manufacturing output in the UK stabilised in the three months to August, according to data published by the Confederation of British Industry (CBI). The CBI’s monthly Industrial Trends Survey revealed that 15% of UK manufacturers reported total order books to be above normal. However, 28% stated that they were below normal. This leaves a balance
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Think tank urges government to use tax system to combat air pollution August 28, 2019

In a new report, think tank Bright Blue has called for the government to use the UK tax system to help combat the problem of air pollution. Bright Blue has outlined a number of recommendations for the government to consider implementing, including lifting the freeze on the value of Fuel Duty and applying a surcharge
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HMRC advises VAT-registered businesses to plan for potential no-deal Brexit August 28, 2019

HMRC has written to 145,000 VAT-registered businesses that only trade with the EU, advising them to plan ahead for a potential no-deal Brexit. The letters outline changes to customs, excise and VAT in the event that the UK leaves the EU without a Brexit deal. UK firms are advised to register for a UK Economic
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Four in ten SMEs ‘increasing prices as result of higher wages’ August 21, 2019

A report published by the Federation of Small Businesses (FSB) has suggested that four in ten small firms are having to increase their prices as a direct result of higher wages. According to the FSB, small business owners are having to cut profits and productivity-enhancing investments in order to better absorb ‘inflation-beating wage increases’. An
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