P11 & P15 banner.png

PROSPER MAGAZINE:

ISSUE 11

EDITOR'S WORD

Editor's-Word.jpg

WELCOME TO ISSUE 11 OF PROSPER MAGAZINE


With more than a year now since the UK first entered Covid-19 lockdown restrictions, and as you read this eleventh edition of our digital Prosper Magazine, it is safe to say that the first proper signs of optimism can be seen in the distance.

The vaccine rollout is delivering new impetus to a country left jaded by remote working, zoom fatigue and homeschooling, whilst the stresses and strains of furlough and redundancy are continuing to cause worry for many across our region, the country and around the globe.

There is no doubt that returning to some kind of normality is a long road ahead but, as we forge ahead into the summer months, the end to this global pandemic is in sight and we are beginning to thankfully see some signs of positivity.

In March, Chancellor Rishi Sunak delivered his Spring Budget, described by commentators as a ‘wartime’ Budget, and by the Chancellor himself as ‘generous’, it was marketed as one that provides enough financial support to weather a pandemic that has damaged the economy and public health in equal measures.

Understandably, it was also focused on the economic response to Covid-19, including business recovery, incentives for investment and changes to key taxes and rates.

In this edition of Prosper, we ask what does the Budget mean for Black Country businesses?

We take a look at the Budget’s key points, ask Paul Towson, tax partner at Midlands-based BDO, for an insight, reveal the quarterly economic survey findings from firms fighting for survival, explore the costs of the pandemic to SMEs and ask Ian Jackson, a Senior Lecturer in Economics and Finance at the University of Wolverhampton Business School for his views.

There’s news, views and interviews from across the region; we meet the five West Midlands Mayoral candidates ahead of next week’s election and talk cyber-crime, cash flow planning, apprenticeship power and wellbeing in the workplace.

Plus, much more.

Enjoy


Sarah

sarah.thompson@blackcountrychamber.co.uk