What Does the Budget Mean for Your Business?
Автор: Middlebrooks Business Recovery & Advice
Загружено: 2025-12-30
Просмотров: 23
Описание:
Economic decisions made at government level often feed quickly into day to day business pressures. The November 2025 Budget is expected to increase financial strain on many businesses, particularly SMEs.
Rising costs and tight margins
Increases in employers’ national insurance and the national minimum wage have raised operating costs, especially in sectors such as hospitality, retail and leisure. For many businesses, already tight margins are being stretched further.
Insolvency levels remain high
Although company insolvencies in 2025 are slightly lower than the peak seen in 2023, they remain above historical averages. Personal insolvencies have also risen in England and Wales, driven largely by an increase in debt relief orders.
Planning ahead matters
Cash flow problems often appear later, once reserves run out. Monitoring the wider picture helps directors act before pressure becomes unmanageable.
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