UK interest rates and inflation
21/02/2022. In this article, we analyse the effects UK interest rates and inflation will have on UK businesses.
Privately Owned Business newsletter - Feb 2022
The first couple of months of 2022 have provided interesting times for business. As we emerge from the pandemic, we are beginning to see the outline of how the world has changed as a result, and we are all trying to work out how much is temporary and how much is permanent.
We have high inflation, rising interest rates, some labour shortages, ongoing clogged up supply chains and high raw material and energy prices. We also have the long-term issues of energy transition to net-zero and cybersecurity which are definitely not going away.
In our February edition of the Privately Owned Business newsletter, we have articles covering a whole spectrum of issues including inflation, supply chain strategy, energy costs and transition, some changes which are making supply chains more complex or costly such as the new full Customs Declarations, Plastic Packaging Tax and NIC increases, and cybersecurity. Then, because change is also full of opportunity, we also provide thought on integrating sustainability and how to overcome a lack of capacity and resources.
The importance of securing robust supply chains
21/02/2022. One of the results of the Covid-19 pandemic has been to make many businesses think more closely about their supply chains.
Energy costs and tax reliefs for energy efficiency
21/02/2022. Many of our clients are telling us that they are worried that inflation will eat into their profit margins this year because of interest rate rises, clogged up supply chains, labour shortages and high raw materials prices feeding through to higher operating costs that cannot be passed on to customers.
Importing and exporting goods
21/02/2022. The UK now operates in a vastly different trading environment since its exit from the EU at the start of 2020. As we move further from the EU exit date, many of the transitions put in place to ease the burden on business begin to end. Consequently, businesses need to consider, more broadly and in more depth, the implications of EU exit, particularly when it comes to moving goods across...
Start date for the PPT tax approaching
21/02/2022. The negative effects of plastic on the environment are widely recognised with some quite successful policy changes having been introduced to reduce plastic use.
An update on tax and NIC changes from April 2022
21/02/2022. Knowledge is power when it comes to cost management for business owners - an update on tax and NIC changes from April 2022.
Should you be concerned about ransomware?
22/02/2022. Ransomware is becoming a major threat to business operations and high-profile attacks come with huge financial and reputational costs beyond the ransom itself, with many stopping business operations for days or even weeks at a time.
Overcoming a lack of capacity and resources
17/02/22 Gaining competitive advantage through a more sustainable business proposition can be achieved by all companies, irrespective of size. Some, however, are still daunted by the challenges, known and unknown, of building a sustainable business. And the perceived burdens on resources of new commitments such as measuring and managing the impact of ESG over time.