On 26th November, HMRC's Department for Business & Trade unveiled its much-anticipated Advanced Manufacturing Plan. This plan was released shortly after the chancellor announced £4.5 billion in funding for growth and innovation in the manufacturing sector. The...
In the dynamic landscape of small business management, effective financial management is the key to sustained success. Accounting plays a pivotal role in this process, and thanks to the development of technology, accounting software has become a powerful tool for...
Challenges for the manufacturing sector in 2024 As we start 2024, the manufacturing industry finds itself at a crossroads of various customer demands, technological advancements and sustainability imperatives. Whilst this may present opportunities, it will also leave...
Chancellor Jeremy Hunt will deliver his 2024 Spring Budget on Wednesday 6 March 2024. What time is the Budget? The Budget is expected to take place at about 12:30 pm, straight after PMQs. The first part of the statement typically begins with a review of the...
A recent survey of businesses containing 250 UK and 250 US respondents firms found that only 61% of UK firms recognised the importance of connecting disparate supply chain data and 20% said they were not using supply chain data at all. Data disparity can come on a...
What is the Skills Bootcamp HGV Driving Scheme? The Skills Bootcamp HGV Driving scheme was set up by the Driver Academy Group (DAG) in December 2021. The scheme is supporting 53 third-party logistics firms to train 122 employees. This scheme is 70% government funded...
Autumn Statement 2023 On 22 November 2023, Jeremy Hunt delivered the ‘Autumn Statement for Growth’. Against an improving economic backdrop, the Chancellor is keen to stimulate economic growth and highlighted 110 measures for businesses. In addition, there were...
New research has found that charity sector income in the UK has shrunk for the first time in eight years for the 2020/21 tax year. It is thought that smaller charities have been affected the most due to the impact of the pandemic. The UK Civil Society Almanac 2023 has...
UK manufacturers are requesting that the Chancellor, Jeremy Hunt, announces an overhaul of the UK’s business tax and regulatory rules in the Autumn Statement to boost investment plans. The call from manufacturers to make these changes came from a survey that was...
After concerns were raised by food and farming organisations, DEFRA has decided to provide more transparency on how the agriculture budget for England is spent. On 18th September DEFRA published its Food Farming and Countryside Programme annual report for the 2022-23...
In September, the Environment Agency and Department for Environment, Food & Rural Affairs announced a new £25 million flood management scheme as part of their Natural flood management programme. This (ring-fenced) funding is being provided by the government and...
The government has launched an infrastructure grant scheme worth £10 million to fund cattle housing for farmers. This fund aims to improve calf health and welfare as well as enhancing environmental sustainability and innovation. The funding will be granted to farmers...