Hospitality operators warn that rising business rates, wages and National Insurance costs following the Autumn Budget could force redundancies and closures, despite government claims of significant sector support.
Pubs warn of rising costs and closure risks after business rates reforms announced by Rachel Reeves, despite government claims of long term relief.
Parker Walsh warns Bramhall businesses are already under strain and the year-long car park closure could push some to breaking point, with local traders fearing major drops in footfall and potential closure.
UK pub landlords warn rising business rates will create unsustainable pressure, with many facing losses or closure. Despite government support, significant increases in rateable values leave the sector fearing widespread disruption.
The upcoming Budget may reduce the VAT threshold, increase dividend tax, and raise CGT. These changes could pressure small businesses, reduce take-home income, and accelerate MVLs before April 2026.
The CBI has warned that prolonged uncertainty and potential tax hikes under Chancellor Rachel Reeves are eroding business confidence, with firms delaying investment amid fears of a deepening economic slowdown.
Licensed Insolvency Practitioner Molly Monks of Parker Walsh has been featured in the Daily Star, sharing expert insight on why major high street retailers collapsed and the lessons directors can learn.
The Co-op warns that 150,000 jobs and 60,000 small shops could disappear without urgent reform of business rates. With the Autumn Budget approaching, pressure is mounting on the Government to act.