AGP Executive Report
Last update: 4 hours agoBudget Relief: The Autumn Budget raises the business-rates relief threshold in England from £12,000 to £18,000, taking an estimated 70,000 businesses out of rates. Small brewers also get £10m in duty relief. Rising Costs: Hospitality firms say the help falls short as the minimum wage rises to £13.20 an hour in April. Some businesses miss out: vape shops lose rates relief, while a Chorley pie-shop owner says running multiple sites excludes him from support. Devolution: The government’s roadmap aims to let local areas retain all business-rates revenue by 2030, giving councils more scope to support local firms. High Street: Weymouth business owners have launched a campaign urging residents to spend £5 a week locally, saying small purchases could add up to £14.3m a year.
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