AGP Executive Report
Last update: 24 minutes agoBusiness Costs: UK chambers say policy-driven costs for a typical SME have risen more than 70% in a decade, with only 17% of firms planning to increase investment. They want the Budget to cut employment, energy and business rates costs. Pay and Hiring: The real Living Wage is rising to £14.10 an hour across the UK and £15.45 in London, lifting pay for nearly half a million workers. The FSB says expanded business rates relief could help small firms hire, while employers warn zero-hours reforms are leaving SMEs uncertain. Budget Watch: Online marketplaces could be required to collect sellers’ VAT as part of a planned tax crackdown, adding to business owners’ concerns about costs and investment. Access to Finance: Challenger lenders now account for 60% of annual UK small-business lending, as neobanks tap demand left unmet by traditional banks.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
