AGP Executive Report
Last update: 9 hours agoUK Budget: John Healey raised the small-business rates-relief threshold for retail, hospitality and leisure firms, potentially taking 70,000 out of business rates. Founders also get new tax relief, a bigger trading allowance and easier access to public contracts. But business groups called the Budget cautious, while a 3.9% minimum-wage rise adds to payroll costs and exporters say they received little help. SME Finance: The EIB and Italy’s BCC Iccrea unlocked €125 million to support Italian small businesses. EU Compliance: The European Parliament backed targeted pauses to extended producer-responsibility rules for small companies, offering some relief from compliance costs.
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