AGP Executive Report
Last update: 6 hours agoCost of Living Relief for SMEs: New PM Andy Burnham has pledged to remove VAT from household electricity bills from October 1, with the move aimed at cutting the average bill by about £45 a year and funded by cancelling the £1.8bn Digital ID programme—an early signal of how his government plans to ease pressure on households and small businesses. Hiring Pressure on Small Firms: Fresh ONS data show vacancies fell again in the three months to June, down to 712,000, with smaller companies driving the drop as costs and uncertainty bite; private sector wage growth also slipped below 3%. HMRC High-Street Crackdown: HMRC carried out unannounced visits to 11 shops across Scotland, seizing 139,000 cigarettes and 29kg of illicit tobacco, issuing £10,000 in fines and arresting a suspect—part of a wider 2026-27 push targeting fronts for tax fraud and money laundering. Tech for Smaller Businesses: 8x8 launched “8x8 Small Business,” a self-serve, consumption-based comms offering for under-100-user firms, available via UK resellers. Public Procurement for Local Services: Wales-based Tai Tarian is running a £700,000 skip hire framework (Oct 2026–Sept 2030), offering opportunities for small waste-management suppliers.
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