Cashflow & Forecasts

Barclays’ pricing lessons…

In 2021, Barclays Bank reported a full-year net profit of £6.38 billion. In September 2021 it reported year to date profit at an all-time high of £6.9 billion. Yet last month we received a letter from them notifying us that they’re implementing additional fees on accounts like ours. Don’t get me wrong, I’m not complaining at the extra […]

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Cost of Living Crisis Survival Guide

It seems I’m referring to increasing prices, inflation or some other form of pressure on our pockets in virtually every post at the moment. As business owners, we’re being squeezed from all sides. So what can we do? Sadly there are no easy answers, but we know that there are a lot of people out […]

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New Insolvency Guidance & Regulation

The Insolvency Service has updated their guidance and added a video to explain to Directors what they should do if their company becomes insolvent. Called ‘Company Health Check; keeping your business on track‘ the guidance details the signs of insolvency and the consequences that may occur if the situation isn’t managed correctly. The guidance includes […]

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National Insurance Increases

From 1st April 2022 the following rates will apply to National Insurance contributions. Please make sure that you’re ready for the changes! Rates are increasing by 1.25% for employees and employers, as announced in the Autumn Budget 2021, to help fund the NHS, health and social care. Employers’ NIC: increasing to 15.05% (from 13.8%) Employees’ […]

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Price increases planned by 50% of businesses!

The British Chambers of Commerce’s (BCC) Quarterly Economic Survey (QES) reported that 58% of businesses were planning price increases in the next three months. This is the highest percentage on record, and is in response to ongoing supply chain disruption, rising inflation, increasing interest rates and increasing energy costs. The survey includes responses from a […]

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Visit our Rebound Resources page for free tools & guidance to help your business Rebound from the pandemic.