AGP Executive Report
Last update: 7 minutes agoEU Business Climate: Europe’s SMEs remain in “fragile stability,” with weak orders and turnover, rising prices and uncertainty holding back investment. Manufacturing is still the hardest-hit sector. UK Energy Costs: Manufacturers can apply for a scheme offering up to 25% off electricity bills from April 2027, plus a first-year relief payment. Applications are due by November 30. Hospitality Pressure: Independent UK hotel owners warn a proposed tourist tax could add to high VAT and falling visitor numbers, making it harder to stay afloat. Simpler Rules: The European Commission is asking fishers and aquaculture businesses where reporting requirements create unnecessary costs and duplication, as it seeks to reduce red tape. Access to Finance: Northern Ireland’s small-business loan fund has provided £2.4m to 57 firms since launching last year. New Ventures: A UK study suggests millions of people over 40 are holding back business ideas because they fear they are too old or may fail; a new fund offers £50,000 in grants and coaching.
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