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Government Announcements

General election 2017: the potential impacts on SMEs

We take a look at what 4 mainstream parties are promising small businesses in their general election manifestos.

Trade deficit rises to £10.5bn

Total trade deficit in goods and services widened by £5.7 billion to £10.5 billion between Q4 2016 and Q1 2017.

Inflation forecast rises to 2.8%

The Bank of England has raised its forecast for inflation this year to 2.8% – up from its February forecast of 2.4%.

EU support proving 'vital' for SMEs

Almost 8 in 10 small businesses have sought support services, such as EU-funded schemes, over the last 12 months.

Tax measures removed from Finance Bill

The government has dropped several controversial tax measures from its Finance Bill following the decision to call a snap general election.

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