Resilience in Business - Thriving Despite Challenges
The budget was delivered but it wasn’t good news for business owners, with minimum wage and Employer National Insurance hikes destined to increase running costs and affect bottom lines. Since then, we have seen two interest rate drops but levels remain elevated and are expected to stay high for some time yet. Inflation too, continues to fluctuate and as businesses look to offset increased overheads that may continue. Indeed, the most recent release showed an increase in inflation.
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