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Seven Welsh businesses with expertise ranging from engineering and patient care to grassroots sport are heading to the USA this week as part of a Welsh Government-led trade mission. The delegation is heading to North Carolina and South Carolina, where they will meet with businesses and potential new customers and partners. It is part of the Welsh Government’s commitment to supporting Welsh businesses to grow in Wales and sell to the world, as part of...
The Chancellor of The Exchequer Jeremy Hunt has today, Monday 17 October 2022, brought forward a number of measures from 31 October’s Medium-Term Fiscal Plan. In his statement the Chancellor announced a reversal of almost all of the tax measures set out in the Growth Plan that have not been legislated for in parliament. The following tax policies will no longer be taken forward: Cutting the basic rate of income tax to 19% from April...
National Mentoring Day was launched to recognise the significant benefits of mentoring across the UK and takes place on 27 October each year. Mentoring is help by one person to another and can make a significant difference in the mentee’s knowledge, work or thinking. Everyone from individuals, companies, schools, communities, universities and governments are encouraged to share their own mentoring success stories and case studies and to use the day to participate in raising awareness...
The new iteration of the Recovery Loan Scheme (RLS) is designed to support access to finance for UK businesses as they look to invest and grow. It will support facility sizes of up to £2million for borrowers outside the scope of the Northern Ireland Protocol. Borrowers in scope of the Northern Ireland Protocol may borrow up to £1million unless they operate in a sector where aid limits are reduced – in which case the maximum...
Access to Work can help you get or stay in work if you have a physical or mental health condition or disability. The support you get will depend on your needs. Through Access to Work, you can apply for: a grant to help pay for practical support with your work support with managing your mental health at work money to pay for communication support at job interviews This guide is also available in Welsh (Cymraeg)...
Innovate UK is investing up to £2.5 million per year for the next three years to celebrate inclusion in innovation. 50 awards will be offered to micro, small or medium-sized enterprises across the UK to support diversity in business. The winners will receive a £50,000 grant each for scale-up of existing, or development of new work, on inclusive innovations. The Inclusive Innovation Awards are now open for applications until 9 November 2022. For further information...
Launched in 2022, ProtectUK is a new central hub for counter terrorism and security advice. Whether you’re a business owner, work in security, or are a member of the public, register with ProtectUK to become part of the community and receive the latest news and online courses that will enable you to be better protected. By signing up you can: Access the latest security guidance and conduct your own risk assessments. Stay informed about different...
At Autumn Budget 2021, the UK Government published a consultation which ran from 27 October 2021 to 30 January 2022, inviting stakeholders to submit their views on the proposed reforms to the alcohol duty system. The Alcohol Duty Review aims to improve the current system – by making it simpler, more economically rational and less administratively burdensome on businesses and HMRC. On 1 August 2023 the UK Government will introduce new alcohol duty rates based...
Show Racism the Red Card’s annual Wear Red Day (WRD) will be taking place on 21 October 2022. WRD is a national day of action which encourages schools, businesses and individuals to wear red and donate money to help facilitate the delivery of anti-racism education for young people and adults. Every penny raised during WRD enables the campaign to work with more young people and adults across the UK to challenge racism in society. To...
HMRC is urging Self Assessment customers to be alert to fraudsters and scams that ask for their personal information or bank details. Self Assessment customers, who are starting to think about their annual tax returns for the 2021 to 2022 tax year, should guard against being targeted by fraudsters, warns HM Revenue and Customs (HMRC). In the 12 months to August 2022, HMRC responded to more than 180,000 referrals of suspicious contact from the public...

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