Business news and opinion from Evans Weir | Page 15

The latest set of quarterly reports from the Government and Office for National Statistics (ONS) have once again highlighted the rather topsy-turvy nature of the UK economy at present.

Perhaps it was the lack of wiggle room afforded to him or the fact that today’s Government is like a sieve when it comes to news of plans and ideas circulating around the cabinet table, but the lack of surprise elements in this week’s budget was probably, in itself, not a surprise.

With the pandemic fuelling a major move to the digital economy in the last year, is it any wonder that the subject of crypto currency is once again dominating the business news headlines? But the last week alone will highlight the instability of crypto when one considers the fortunes of Bitcoin and its investors. If […]

Having picked up the Treasury reins just weeks before the Covid pandemic broke, Chancellor Rishi Sunak has so far had little room to manoeuvre or stamp his own brand on the economic plan for the UK. Despite making numerous announcements and unveiling multiple recovery and support plans, his budget statement on March 3rd 2021 is […]

There’s nothing like global a pandemic to make us all take stock of our lives. It’s probably fair to say that over the last year, most of us will have taken a moment to consider our personal situation, either because we feel thankful that we have been able to navigate a way through or because […]

State aid refers to money provided directly to the business from the public purse i.e. any regional, national or continental Governmental budget. Examples of this could be Government backed loans or EU grant funds.
But nearly one year in to the Covid crisis, the tables have been turned almost completely and there are few businesses that can say they have not been in receipt of one form of Government financial support or another.

Like every other business in the UK, the Covid pandemic, lockdowns and impact on the economy hit us out of nowhere too. Within hours of the first stay at home notice, we received a number of calls and emails from anxious clients and individuals keen to know how to manage the financial impact of the […]

It is being reported that HSBC, NatWest and Lloyds Banking Group have temporarily suspended opening new small business accounts as fears around the legitimacy of these new businesses grow. Recent industry data showed that up to 55% of applications were potentially fraudulent with suggestions that just 15% of those applying ended up opening a current […]

Despite introducing financial support packages that were designed to include as many people as possible, there were always going to be segments of society that missed out on Government support during the Covid pandemic. One major group that were initially overlooked were the self-employed, requiring Chancellor Rishi Sunak to have to introduce the Self-employed incomes […]

In the third post in our mini-series looking at what changes Brexit will bring, we consider the idea of owning property and living overseas and how that may be impacted post Brexit. There has been much discussion about the significant number of UK nationals that own property in the EU and what will happen to […]

It seems like a lifetime since the Chancellor first announced a package of support for individuals and businesses that were going to be impacted by the national lockdown back in March of this year. With an ever changing backdrop of restrictions, tiers, lockdowns, initiatives, grants and strategies designed to keep people safe and the economy […]