Entries by Michael Barker

Growth forecasts lowered – but Reeves insists plan is working

Chancellor Rachel Reeves has delivered her update on the state of the UK economy against the backdrop of growing conflict in the Middle East that is set to send energy prices soaring and create more market uncertainty. The estimate for the country’s economic growth has been lowered for this year, but the Chancellor insisted her […]

Managing family fall-outs

Family ties are strong and that can be a massive positive when it comes to growing a business. But when things go wrong in a family concern the fallout can be felt far and wide. That is why it is vital to have proper structures in place to mitigate those affects and prevent real damage […]

Feeling the pressure

Small businesses are facing a tough start to 2026 as confidence slumps and growth plans stay out of reach, new research by the Federation of Small Businesses (FSB) has revealed. The organisation’s Small Business Index (SBI) plunged to -71 in the final quarter of 2025, meaning far more businesses were struggling than succeeding. This is down from […]

SpudBros: From Preston’s Flag Market to global fame

From humble beginnings on Preston’s Flag Market to a global phenomenon – The SpudBros’ remarkable growth story continues. Jacob and Harley Nelson have turned their jacket potato business, operating from an old tram carriage in the city centre, into a worldwide social media sensation. And on the way the brothers have become proud sponsors of […]

Help is at hand over Identity Verification

As we reported in our October newsletter, the Economic Crime and Corporate Transparency Act (ECCTA), which became law in October 2023, has created a raft of new measures affecting companies and their directors. Identity Verification is a new legal requirement under the ECCTA. This means that Companies House will require formal identity verification for anyone […]

Identity verification: Are you prepared?

Companies House will require identity verification for anyone involved in running or filing on behalf of a company The Economic Crime and Corporate Transparency Act (ECCTA), which became law in October 2023, has created a raft of new measures affecting companies and their directors. Identity Verification is a new legal requirement under the ECCTA. This […]

Amnesty scheme launched for Covid loan debtors

Businesses and individuals who still owe Covid scheme money to the Treasury have been given a time-limited opportunity to pay it back before tougher sanctions apply. The voluntary repayment scheme gives them until December this year to return pandemic scheme cash – no questions asked. The move comes as the government continues to do everything […]

Taxman steps up pension tax relief scrutiny

HM Revenue and Customs is cracking down on pension tax relief as part of a broader drive to maximise revenue collection, according to reports. The tax authority is said to be stepping up its scrutiny of claims from higher earners and “lowering the threshold” for requiring evidence to support requests. Additionally, HMRC will no longer […]

Changes to filing rules set to be scrapped

New rules that would require small and micro companies to disclose their profit and loss statements for the first time are set to be scrapped, according to media reports. The new Companies House rules were set to come into effect in April 2027, removing current exemptions when it comes to filing accounts. The changes would […]

Apprentices may be a smart investment

With employers finding it hard to recruit good skilled workers and both the inflationary and government-imposed increases to staff costs, there are many advantages to taking on an apprentice. With the increase in minimum wage being so much higher than inflation, many employers may be put-off employing young people. And understandably, an 18 per cent […]