UK Economy

a featured image of a blog post that highlights the topic £2bn Green Home Grant for Homeowners

£2bn Green Home Grant for Homeowners

Households are set to receive grants of up to £10,000 to make their homes eco-friendly and save over £600 a year on energy bills while cutting carbon emissions at the same time which is also called the green home grant. But how does the scheme work? And more importantly, how does it impact contractors and tradespeople? As …

£2bn Green Home Grant for Homeowners Read More »

a featured image of a blog post that highlights the topic how to raise your prices the right away

How to Raise Your Prices the Right Way

Maybe you’re finding yourself swamped with new clients, and you cannot refuse new ones who want to get on board. This issue is a beautiful problem to have as an entrepreneur. One of the ways to address this is by increasing your price. Your new price would act as a filter that would sift through …

How to Raise Your Prices the Right Way Read More »

a featured image of a blog post that highlights the topic £2k To Encourage the Hiring of Apprentices

£2k To Encourage the Hiring of Apprentices

With the rampant rise of the unemployment rate, the Chancellor announced from the summer statement, a brand-new incentive for businesses—a bonus payment of £2,000 for every apprentice they take on or hiring an apprentice. But, how will this affect both sides of the coin? In his last economic statement, Chancellor Rishi Sunak offered companies a package deal …

£2k To Encourage the Hiring of Apprentices Read More »

a featured image of a blog post that highlights the topic Temporary Stamp Duty Holiday in England And Northern Ireland

Temporary Stamp Duty Holiday in England And Northern Ireland

The UK declared a stamp duty holiday effective from July 15 to March 31, 2021, in relation to the summer statement 2020 by the chancellor. But what is it? More importantly, how will it affect you? In light of the current pandemic, UK’s chancellor Rishi Sunak has temporarily put stamp duty land tax on a holiday. This means …

Temporary Stamp Duty Holiday in England And Northern Ireland Read More »

a featured image of a blog post that highlights the topic What is the Eat Out to Help Out Scheme Initiative

What is the Eat Out to Help Out Scheme Initiative?

Restaurant owners are the benefactors the United Kingdom government for their latest initiative that will help kickstart the economy, by encouraging people to go out, which is the Eat Out to Help Out scheme. At a time when businesses need support to remain in business, Chancellor Rishi Sunak announced the “Eat Out to Help Out” part of …

What is the Eat Out to Help Out Scheme Initiative? Read More »

a featured image of a blog post that highlights the topic VAT Cut for the Hospitality Sector

VAT Cut for the Hospitality Sector

Covid-19 has forced many difficult decisions to be made. When the UK government urged people to avoid social contact and stay at home, it was to slow the spread of the disease. However, it also had another effect. One of the consequences of flattening the curve is a chilling effect on the economy. For the hospitality …

VAT Cut for the Hospitality Sector Read More »

a featured image of a blog post that highlights the topic 2020 Summer Statement by Chancellor Sunak of UK

2020 Summer Statement by Chancellor Sunak of UK

Chancellor Rishi Sunak delivered his Summer Economic Update where he broke down the UK government’s strategies and corresponding budget for the next phase of promoting economic recovery which is the summer statement. Because the COVID-19 pandemic wasn’t just a health crisis but an economic problem as well, a lot of industries have been hit, some …

2020 Summer Statement by Chancellor Sunak of UK Read More »

a featured image of a blog post that highlights the topic how much should I spend on my marketing

How Much Should I Spend On My Marketing?

Would you believe that most companies fail in the introductory phase not because of the lack of business activity but rather because of disproportionate or inappropriate spending? When you first open a business, whether online or offline, a considerable amount of time, effort, and money must be spent to grow it. However, it’s also important …

How Much Should I Spend On My Marketing? Read More »

a featured image of a blog post that highlights the topic 4 Great Ways To Fund Your Business

4 Great Ways To Fund Your Business

Starting a new business is always a great idea. Many people dreamed of owning their own businesses; to finally escape the vicious cycle of the 9 to 5. In fact, most employees these days do not envision themselves spending all their productive years working for big corporations. Most of them hope that, at some point, …

4 Great Ways To Fund Your Business Read More »

a featured image of a blog post that highlights the topic What is Value-Based Pricing

What is Value-Based Pricing?

A lot of nitty-gritty goes into putting a product or service into the market. There are research and development, production, and marketing as well as value based pricing. But all those are just the tip of the iceberg. Behind those major milestones are innumerable tasks that require time and resources. Naturally, businesses would like to …

What is Value-Based Pricing? Read More »