AGP Executive Report
Last update: 37 minutes agoBudget Pressure: With the Budget looming, half of small firms say rising costs have forced them to raise prices. Business groups and accountants are urging tax relief, while owners warn tough trading conditions are squeezing growth. Red Tape: The Government’s £800m bureaucracy-cutting plan promises breathing space, but business groups caution that the overall admin burden still matters. SME Finance: CrowdProperty has secured a £100m lending partner to support SME housebuilders, while a new London growth fund is targeting underserved business borrowers. Supply Chains: Anglia Components’ new deal with chipmaker Novosense gives UK SME customers an alternative as some face price rises and supply restrictions from major US suppliers. Working Drivers: Reported Budget plans would keep the 55p-per-mile rate for the first 10,000 work miles and raise the rate above that, potentially helping self-employed people who use their own cars.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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