craigwilliams

The Chancellor announced his Autumn Statement yesterday.  We already knew that he would raise taxes and reverse most, if not all, of the Truss Budget.  Indeed, the Chancellor set out his priorities as Stability, Growth and Public Services.  What this means is that we are back in Austerity 2.0 mode. Oh, and inflation is still […]

Talking about money is never easy, especially when you’re a small business owner. But, unfortunately, there’s no avoiding it! There will come a time when you get a client or two who disputes an invoice, and you will have to manage it in a way that doesn’t damage your relationship. You have to implement effective

Being a business owner comes with many challenges, especially concerning money. No more so when interest rates are rising, and the economy is in a recession.  You have to have enough money to run the business and pay yourself and your employees, so you have to price your products/services correctly. Then, the biggest monetary challenge

I am writing to you with more changes and reversals to the Kwarteng mini-budget that wasn’t a budget.In short, most of what he announced has been ditched by the new chancellor Jeremy Hunt.I am hesitant to say that these new announcements are going to remain. After all, we are living in “interesting times”. Things could

The media makes pretty grim reading right now. Open any newspaper – online or the paper edition – and you could be forgiven for thinking that the UK is doomed and we are all going to hell on a handcart.  In these times, it is helpful to remember the serenity prayer: God, grant me the

On Friday afternoon, the UK Prime Minister, Liz Truss, held a press conference. Ahead of this press conference, it was announced that the Chancellor had resigned/been sacked (depending on whose version of the truth you are listening to). In this press conference, the September tax cuts promised in the mini-budget have been watered down even further. What we

The Bank of England predicted a 1% contraction in the economy between October and November. It has also been predicted that the UK’s GDP output will be lower in 2023 than in 2022. This means that whilst the UK is not technically in a recession; we will have very difficult trading conditions for the next

Over the past week, the government has been announcing help for small businesses. This blog gives you the details of what matters and how this could impact your business. At a top level, the mini-budget, the government’s Growth Plan and announcements on energy caps are very good news for small businesses. Excuse the pun, but