AGP Executive Report
Last update: 10 hours agoExport Costs: New EU customs fees could wipe out Christmas profits for UK online retailers, with charges on low-value parcels and multiple product lines adding up before VAT, duty and courier costs. Business Confidence: Yorkshire firms’ confidence fell 10 points in October, although 32% expect to increase staffing over the next year and businesses still see room to grow. Rising Overheads: Pie-maker Paul Bowen says higher wages, supplies, energy and National Insurance mean he must sell up to 30,000 pies a week to cover costs; he says his two shops miss out on business rates relief. Rural Businesses: A Lake District farmer warns that requiring planning permission for temporary campsites could end a seasonal income stream that helps keep her farm viable. SME Finance: Birmingham fintech Lovey has moved to a larger headquarters as it plans to more than double its workforce; it says it has lent over £600m to more than 11,000 UK small businesses. Workplace Rules: The Government has opened consultations on whistleblowing and employment status, issues that could affect how small employers manage staff and compliance.
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.