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Budget 2021: Key points for businesses at-a-glance

A year ago, in his first budget, the Chancellor announced the UK Government’s initial response to the COVID-19 pandemic and since then we have seen a year of extraordinary economic challenge. As the economy reopens, this year’s Budget sets out the steps the Government is taking to support the recovery and to ensure the economy can build back better, with radical new incentives for business investment and help for businesses to attract the capital, ideas, and talent to grow.

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What does UK transition mean for businesses?

The transition period for the UK leaving the EU ends on 31st December 2020 and cannot be extended. New rules for businesses trading within the EU will start from 1st January 2021. Now is the time for businesses to start thinking about the actions they need to take to prepare for January 2021. Whilst Government negotiations are ongoing, this process should be considered a ‘work-in-progress’ but urgent.

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Business Support in a COVID World

The recent COVID-19 pandemic has impacted businesses in a variety of ways. In order to support businesses during these uncertain times and help them to minimise the impact of the pandemic, the Government, along with many business support providers, has launched schemes and services available to businesses of all stages. Knowing what support is needed as well as where businesses are thriving will aid business support providers with collaborating more effectively to benefit businesses and with directing businesses to the most targeted support for them.

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How Business Owners Can Maintain Their Mental Health During COVID-19

Due to the COVID-19 outbreak, businesses are suffering unprecedented financial and stock losses, cancellations and uncertain times. This can often stir up feelings of anxiety, helplessness and apprehension of being unable to control the situation. It’s now more important than ever that business owners keep in mind the mental health of their employees and themselves. There are many resources, tools and techniques that can help combat these fears.

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COVID-19 business support landscape

At Exemplas, we’ve been providing trusted, expert, advice to SMEs for over 25 years. It’s fair to say that the current situation we find ourselves in has resulted in some of the toughest challenges we’ve encountered. However, through the networks we operate in and the contracts we deliver, our unique view within the business support landscape allows us to continue to provide a wide expanse of support, advice, guidance, information and links that will help business to meet the challenges ahead.

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Budget 2020: What do SMEs need to know?

With less than a month on the job, Chancellor of the Exchequer, Rishi Sunak, delivered his first budget on Wednesday 11th March 2020. Sunak began his budget statement by talking about the impact of COVID-19., stating he intended to “keep our country healthy and financially secure”. In summary, a £30bn fiscal stimulus has been set aside to support “British people, British jobs and British businesses” through this ‘temporary’ impact on the UK economy.

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When Women Do Better, Economies Do Better

On Sunday 8th March it’s International Women’s Day (IWD), which celebrates the social, economic, cultural and political achievements of women. IWD is an annual awareness day that provides the opportunity to globally reflect on the progress made for equality, to call for change and to celebrate acts of courage and determination by ordinary women. This year’s theme is #EachforEqual, which focuses on ‘collective individualism’.

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