AGP Executive Report
Last update: 3 hours agoBudget Fallout: The Autumn Budget offered some firms breathing space, but retail and hospitality businesses say rising costs remain a strain, while SMEs question whether the measures will boost growth. Vape shops are among those losing business-rates relief, adding pressure alongside the new vaping duty. Fair Payment: More than 800 UK businesses have earned Fair Payment Code awards. Late payments cost the economy almost £11bn a year, and new rules include a 60-day limit on payment terms. Employment Rules: The British Chambers of Commerce says new union workplace-access rights took effect without clear guidance, leaving small employers to navigate complex requirements. Business Confidence: Lloyds’ latest survey puts confidence at 56% in both the North West and North East, but Yorkshire fell 10 points to 35%. High Street Investment: Glasgow-founded eyewear brand IOLLA is opening its ninth showroom, investing in physical retail despite tough conditions.
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