Podcast: Clarity not claret this Christmas…please

The BackinBuisness team catches up with some of the small businesses people we met in 2020. How have they fared, where are they hoping to be this time next year and what support do they need to get there? We put the points raised to John Stephenson MP for Carlisle and chair of APPGs on family business and food and drink.

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It’s not just businesses that are struggling financially–it’s the households that depend on them to put food on the table

Today the state of the small business sector is spotlighted by a new report from the debt charity the Money Advice Trust. The Trust runs two debt helplines: National Debtline for individuals in financial trouble, and Business Debtline, the only service in the UK to help small businesses in debt. I have to declare an interest here. I have been an ambassador for the Money advice Trust for years. It does remarkable work. 

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Podcast: In too deep?

As if the Covid restrictions weren’t enough to grapple with, business owners are watching incomes plummet, savings dwindle and having to use the household budget to try to keep the business afloat. There’s a perfect storm of debt, loan repayments and tax demands brewing.

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