For six weeks, the government has talked about growth - for the economy, for households, and for businesses. The outcome has been the opposite. Business leaders are experiencing an unprecedented lack of clarity in fiscal and economic policy amidst uncertainty in parliament.
Understandably after the turbulence of the mini-budget, British business owners are waiting anxiously for the Autumn budget in fear of further financial turmoil. Not only have 25% considered closing in the past month, but it’s also led to a dearth of new startups and thousands of early-stage failures.
With the Autumn Budget pushed back yet again to November 17, will Rishi Sunak and Jeremy Hunt finally address the challenges facing business owners? Here are three key things that small businesses, like mine, need from the announcment.