May 2025 UK Economy Insights for Business Owners

Stay Ahead: What Todayโ€™s Big News Means for Small Businesses

The Bank of England just cut the base rate by 0.25% to 4.25% โ€” 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 arenโ€™t.

In todayโ€™s economy, staying informed isnโ€™t just smart โ€” itโ€™s essential.

KNOW – LIKE – TRUST (THE KLT CONCEPT)

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

The SIX Ps!

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

Submit your Photo

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

Contact Information