On 3 March 2021, the Chancellor of the Exchequer announced in the Budget a new enhanced capital allowances regime, to stimulate investment in the economy by providing an increased incentive for UK businesses to invest in plant and machinery through generous rates of relief in the period the expenditure…
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The coronavirus pandemic has tested businesses’ operational resilience, highlighting areas where there is still work to be done as firms try to build further resilience in case of future emergencies and interruptions. With the government warning that another novel pandemic remains a “realistic possibility” before 2030, now is the time to…
The traditional bank lending outlook post-coronavirus remains unclear. Banks are encouraged by the government to favourably consider customer forbearance requests and this is both expensive and disturbing for the banks. In such circumstances, banks tend to limit their future lending, particularly to small businesses that are perceived as higher risk….
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