Chancellor says the Economy has had long-term scarring in a dire assessment of the effect of Covid 19 – but his strategy for recovery is underwhelming!

I think we all knew it was bad, but now we know officially. First the Office of Budget Responsibility (OBR) published its forecasts for the UK economy and then the Chancellor laid out how dire the situation is, in the House of Commons as he delivered his one year Comprehensive Spending Review. 

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Entrepreneurship “in jeopardy” after hitting new high pre-Covid

  • New Global Entrepreneurship Monitor report shows UK early-stage entrepreneurship hit a new high in 2019
  • Nearly 1 in 10 working age adults were in the early stages of starting or running a business, with women catching up with men
  • Progress threatened by Chancellor’s decision not to provide financial support for three million entrepreneurs
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Podcast: It’s everyone’s business

Whether you’re doing business in Wales, Scotland, Northern Ireland or England, you’re facing restrictions. Some are just starting while others are coming to an end and there are tiers upon tiers to navigate. But ultimately the result is the same: small businesses are taking a hit with many fearing for their futures.

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