Retirement
fromIndependent
1 day ago'My elderly parents never declared any income from their small farm and I'm worried Revenue will come after them'
Fear of penalties and taxes prevents struggling individuals from applying for pensions.
Less than half of responding firms (46%) are expecting increased turnover over the next 12 months (compared with 48% in Q3), while nearly a quarter (24%) expect a decrease (21% in Q3). Meanwhile, only 19% have increased investment and 27% have scaled back plans. The survey was carried out by the BCC Insights Unit and the UK-wide Chamber network, before and after the Budget, with the fieldwork conducted between 10 November and 8 December.
Andreas Adamides, CEO of Helm, said, "Our members feel betrayed, ignored, and genuinely let down by a government that promised growth but has delivered nothing but uncertainty and indifference. "These aren't faceless corporates-they're founders who've risked everything to build businesses, create jobs, and drive the economy forward. "They wanted to believe Labour understood them. Instead, they've read endless speculation about punishing tax rises and listened