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Central London Alliance calls for government to cut VAT for hospitality, tourism and leisure

Central London Alliance calls for government to cut VAT for hospitality, tourism and leisure
cityam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityam.com Daily Mail and Mail on Sunday newspapers.

City snapshot: Soaring energy prices push retail SMEs close to collapse

City snapshot: Soaring energy prices push retail SMEs close to collapse
thegrocer.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thegrocer.co.uk Daily Mail and Mail on Sunday newspapers.

More than half of Swindon businesses started in 2014 have now closed

More than half of the 1,125 companies started in Swindon in 2014 failed to stay in business for five years. Office for National Statistics data shows that after three years 700 of these businesses were still active, and by 2019 just 500 remained. That s a five-year survival rate of 44 per cent, which is slightly above the UK average of 43 per cent and above the lowest rate in the region of 38 per cent, in Plymouth Survival rates for businesses in clothes manufacturing, food services and food services such as restaurants were among the lowest nationally. In the Federation of Small Business s Small Business Index report, national chairman Mike Cherry said small firms had already struggled with political uncertainty and a surge in operating costs before the pandemic made things worse.

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