#uk-economy

#uk-economy

UK households are increasingly setting aside physical cash amid extreme economic uncertainty and to provide a safety net for possible banking system outages.

We are deeply concerned that some of the Bill's provisions will have serious unintended consequences that could harm both good employers and the very employees that the bill seeks to protect.

This £5 billion lending milestone is our Plan for Change in action. It's helping to deliver targeted investment where it's needed most - supporting local businesses, accelerating housebuilding, and putting more money in people's pockets.

The impact of Labour's decision to increase the living wage and employer NICs is already having a profound impact on UK businesses, especially small businesses that cannot easily absorb increased staffing costs. What's really apparent here is that these increases and the subsequent redundancies came relatively out of the blue. There was little in the way of prior warning.

"Mid-market businesses are the real powerhouse of the UK economy. Their plans, actions and opinions are a clear bellwether of our economic health."

"No one embodies community spirit quite like our local corner shops. Working in a corner shop for my first ever job, I saw first hand the dedication that goes into running a small business."