AGP Executive Report
Last update: 3 hours agoHigh Street pressure and local fixes: MPs and retailers are clashing over how to revive town centres, with Labour’s John Healey backing “good growth” and calls to cut costs for shops, while Devon MPs attack big banks over rural branch closures and Oxfordshire firms complain about new parking restrictions. Business costs and policy relief: The business secretary says paperwork for corporate reporting could be simplified, with potential savings of £450m and exemptions for some SMEs. Tax hit on employers: An MP is pushing to reverse a rise in employer National Insurance Contributions, warning it could cost the hospitality and independent social care sectors around £1bn a year. Support for SMEs: Worcestershire’s Mentoring Worcestershire and the extended Elevate Growth Programme offer tailored support to help firms build leadership and growth plans. Local investment and regeneration: Grimsby’s Innoflate inflatable play centre has opened in a redeveloped site, creating about 30 jobs, while Tenby’s Market Hall is set for a revamp using Shared Prosperity Fund cash. Finance risk for directors: A warning highlights that some small business credit cards can include personal guarantees, meaning directors could be chased if the company can’t pay. Community business wins: Grounds For Good, a Penarth coffee-grounds spirits maker, is named a Small Business Saturday “Nation’s Favourite Business.”
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