May 2025 UK Economy Insights for Business Owners

Stay Ahead: What Today’s Big News Means for Small Businesses

The Bank of England just cut the base rate by 0.25% to 4.25% — great news for borrowing costs and cash flow. With SMEs making up over 99% of UK businesses and driving half of private sector turnover, every rate shift matters.

Meanwhile, inflation is reshaping how customers spend: value, loyalty, and flexibility are winning. And businesses embracing digital tools are growing twice as fast as those that aren’t.

In today’s economy, staying informed isn’t just smart — it’s essential.

KNOW – LIKE – TRUST (THE KLT CONCEPT)

The “Know, Like, Trust” (KLT) concept is a marketing principle that emphasises the importance of building a relationship with your audience before they are likely to purchase from you. It suggests that people are more likely to do business with those they know, like, and trust. This concept is often presented as a pyramid or funnel, with “know” being the broadest foundation, followed by “like” and then “trust”. 

The SIX Ps!

The Six Ps provide a powerful framework for building and scaling a successful organisation or business. Each “P” focuses on a critical area that, when aligned, drives clarity, performance, and long-term success.

9 Major Tax Changes Coming in April!

April is a month of major money changes. Alongside a rise in many consumer bills that we’ve shared throughout the past few months, a raft of measures announced by the government in its October budget will take effect too.

Some have already come into force, such as increases in capital gains tax, while others, like inheritance tax changes, vaping levies and an end to the income tax band freeze, won’t for several years.

Here, we take a look at what’s changing in April.

Submit your Photo

Choose a photo to upload and our team will add it into our community gallery

Contact Information