News and Information from AVASK about the retail sector in the United Kingdom

Inflation sees sharpest increase on record

AVASK Marketing Business News

Inflation rose to 3.2% last month from 2% in July – its largest ever recorded increase, according to the Office for National Statistics (ONS). The Consumer Prices Index (CPI) measure of inflation for August was the highest since March 2012, though the ONS said much of the effect was likely to …

Staff shortages could continue for two years, warns CBI

AVASK Marketing Business News

Labour supply problems could last for up to two years and will not be solved by the end of the Coronavirus Job Retention Scheme (CJRS), the Confederation of British Industry (CBI) has warned. The CBI said that although a lack of HGV drivers has dominated the headlines, the challenge extends to many other skilled professions. Marrying skills policies …

UK business confidence at four-year high

AVASK Marketing Business News

British business confidence is at its highest level since April 2017, according to the latest Lloyds Bank Business Barometer. Confidence is being fuelled by hope that the economy will recover strongly to pre-pandemic levels. Firms in the manufacturing, services and construction sectors were the most optimistic that recovery would continue. …

Two-fifths of freelancers lost over 40% of turnover during pandemic

AVASK Marketing Business News

Two out of every five freelancers suffered a loss of over 40% of turnover during the coronavirus (COVID-19) pandemic, according to research from the Association of Independent Professionals and the Self-Employed (IPSE). The research also found that two out of three freelance businesses were negatively affected by the pandemic. In …

News and Information from AVASK about the COVID-19 Coronavirus and how AVASK is responding

Aftermath of COVID-19 pandemic has caused ‘significant rise in costs for businesses’

AVASK Marketing Business News, COVID-19 News

A survey carried out by the Institute of Chartered Accountants in England and Wales (ICAEW) has revealed that the aftermaths of the coronavirus (COVID-19) pandemic and Brexit have caused a ‘huge rise in costs’ for UK businesses. The survey showed that 70% of companies surveyed are considering hiking prices over …

Flexible rail fares must be just the start of changes, says BCC

AVASK Marketing Business News

The British Chambers of Commerce (BCC) has welcomed the introduction of flexible season tickets for rail commuters but says more change is needed. The government says new national flexible rail tickets, matching modern working habits and saving passengers hundreds of pounds, will be made available to commuters across England. The …

Staying safe from scams

AVASK Marketing Business News

Scammers and fraudsters thrive on confusion and instability, so the coronavirus (COVID-19) pandemic and ongoing economic repercussions of Brexit have created opportunities for them to attack businesses, taxpayers and savers. Online scams rose 15-fold last year as criminals exploited national events, according to the National Cyber Security Centre (NCSC). It …

News and Information from AVASK about the COVID-19 Coronavirus and how AVASK is responding

Commercial rent moratorium extended until March 2022

AVASK Marketing Business News, COVID-19 News

The government is to extend the ban on commercial evictions introduced during the coronavirus (COVID-19) pandemic until March 2022, the Treasury has confirmed. Chief Secretary to the Treasury, Stephen Barclay, said the moratorium for business tenants will not expire at the end of this month as planned and will instead …

Trading throughout the world means you may need patent and trademark protection overseas

G7 announces global tax agreement

AVASK Marketing Accounting News, Business News, Tax News

The G7’s finance ministers have announced a historic international agreement on global tax reform. Following years of discussions, finance ministers agreed to reforms, which they say will see multinationals pay their fair share of tax in the countries in which they do business. The ministers also agreed to the principle …

News and Information from AVASK about HMRC

Fifth SEISS grant will be open to claims from late July

AVASK Marketing Business News

The fifth Self-employment Income Support Scheme (SEISS) grant covering May 2021 to September 2021 will open to claims from late July, HMRC has confirmed. To be eligible for the grant, an individual must be self-employed or a member of a partnership. They must have traded in the tax year 2019/2020 …

A week of webinars at AVASK

AVASK Marketing Business News

AVASK are always looking for new ways to help our clients with valuable information on e-commerce and other related topics. That is why we maintain a steady schedule of webinars to help communicate the latest updates in an efficient but digestible manner. This week, we are sponsoring and hosting a …