State Pension Set for Rise – But More Retirees May Face Tax From April, people drawing the state pension may see an increase of more than £500 a year, thanks to the government’s triple lock guarantee. The policy means the pension rises each year by whichever is higher: 2.5%, inflation, or average wage growth. The…
How Employers Can Improve Gender Equality at Work The government has recently published new guidance on how businesses can improve gender equality in the workplace. The advice is intended to be practical and based on evidence of what really works, rather than theory. The guide contains details of effective actions, where there is strong evidence…
Six Lessons for Businesses from Royal Mail’s Return to Profit After three years of losses, it’s been reported that Royal Mail has returned to profit under its new owner, Czech billionaire Daniel Kretinsky. While the £12m profit (excluding redundancy costs) is modest compared to the £336m loss the year before, it marks an important shift…
Why Systemising Your Business Could Be the Key to More Freedom Many business owners we work with feel caught up in the day-to-day drudge. They’re handling customer queries, fixing problems, chasing invoices – and wondering how they’ll ever find the time to step back and think about where the business is heading. The truth is,…
Knowing When to Cut Loose: Lessons from the UK Space Agency The government announced last week that the UK Space Agency will be wound up as an independent body and absorbed into the Department for Science, Innovation and Technology. A key reason for the decision was to save costs. While few of us are running…
Seven Things Every Company Director Needs to Know Becoming a company director comes with a fair bit of responsibility – and not just when things are going well. Whether you’re the hands-on type, more of a silent partner, or even directing behind the scenes, all company directors have legal duties under the Companies Act 2006….
Interest Rate Cut to 4%: 4 Things to Think About The Monetary Policy Committee (MPC) of the Bank of England have reduced the Bank Rate to 4% (previously 4.25%). The decision was made by a narrow 5-4 majority and required 2 votes. This perhaps highlights the uncertainty that continues in the economy. What Factors Led…
Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you! enquiries@shaikhfinancing.com Maximise the profits in your business When it comes to growing a business, many people focus on increasing sales. But…
HMRC Releases Transformation Roadmap On 21 July 2025, HM Revenue & Customs (HMRC) announced its Transformation Roadmap – a plan to modernise the UK’s tax and customs systems by 2030. HMRC have said that the aim of the Transformation Roadmap is to make the tax administration system more automated, more focused on self-service and better…
UK Economy: Growth Falters, Inflation Rises – Practical Takeaways for Business Owners Business owners across the UK are facing an increasingly complex economic picture. Inflation has crept up again and recent figures show the economy has contracted for two months in a row. So, what’s really going on – and what should you be doing…