The British Government was quick to implement a generous stimulus package of financial help for businesses in the UK when we went into lockdown. With the Coronavirus Business Interruption Loan Scheme (CBILS), small and medium sized businesses with an annual turnover of up to £45 million can borrow up to £5 million in government-backed loans, […]
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The rise of ‘e-leadership’ and having virtual teams spread across different geographies has picked up greatly over the past two decades. It’s never been so easy to connect with experts across the globe without having to travel. After several months of working from home during lockdown, we’re all now pretty well adjusted to this set […]
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There’s been discussion and moves to push through IR35 reforms for quite some time, and the latest round had been planned for April 2020. Obviously COVID-19 changed HMRC’s priorities and the original date was scrapped. Despite criticism and a 67-page report from the House of Lords describing the reforms as unfair on contractors and burdensome […]
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Co-opetition is a bit of a buzzword in business. The portmanteau brings together ideas of cooperation and competition. Essentially, businesses decide to interact because they have shared interests of reaching a higher value creation. There are plenty of successful examples of this, especially in tech between hardware and software companies. Right now though, it’s particularly […]
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SMEs in the UK started this year with a somewhat promising outlook. There was a majority government in power and Brexit started to seem a little clearer. Having made the political exit, we had a whole year left to negotiate an economic deal before we make our transition on 31st December 2020. However, with the […]
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Today, Chancellor Rishi Sunak announced the latest set of economic measures in the Treasury’s response to the economic impact of COVID-19. The first stage of support for businesses introduced tax cuts and deferrals, grants and government-backed loan schemes, as well as the Coronavirus Job Retention Scheme. These large and comprehensive measures supported more than 11 […]
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