AGP Executive Report
Last update: 2 hours agoCybersecurity Shock to SMEs: A Hiscox report says successful cyberattacks can cost SMEs an average of 34 hours of operational disruption, with 36% losing opportunities or partnerships and 34% delaying growth plans. Business Rates Relief in Wales: The Welsh Government has announced a permanent 30% cut to business rates for eligible small and medium leisure and hospitality venues from April 1, 2027, including pubs, restaurants, cafés, hotels, gyms and cinemas. High Street Cash Pressure: England’s planned Overnight Visitor Levy is drawing warnings from independent retailers that extra accommodation costs could shift spending away from local shops unless the revenue is reinvested locally. Local Recovery Support: New Forest District Council is seeking public input on the wildfire’s ongoing impact, aiming to identify where businesses and communities still need support. Tourism Tax Debate: Business groups and councils are continuing to argue over whether overnight visitor levies will hit visitor spending and jobs. Regional Growth via Film & TV: Bristol’s Bottle Yard Studios says its expanded TBY2 facility has more than tripled inward investment spending and boosted jobs and local business growth. Manufacturing Jobs Boost: Isembard has opened a major Southwark factory and HQ, targeting growth to 200 staff by end-2027 and scaling UK production capacity.
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