Informed Business Newsletter - Spring Budget Edition

Key announcements from the 2023 Spring Statement

General

The Chancellor of the Exchequer, Jeremy Hunt, has announced the government’s Spring Statement and the Office for Budget Responsibility fiscal plan for the next year. Anticipation for this budget has been building over a number of weeks, as we head into another year in the aptly named cost of living crisis.

Many business owners will be looking to this announcement in the hope that further measures will be available to them to support their business through a crisis, which continues to impact business and personal finances equally. Read on to find out more about the key announcements from the budget which could impact your business over the coming months.

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Cyber insurance guidance for businesses

General

When it comes to cyber security, even the most robust processes can sometimes be circumvented and data can be lost or exposed. That’s why cyber insurance is an essential cover for any business which manages or handles digital based personal data in any capacity.

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The biggest risks for small businesses in 2023

General

Small businesses face a unique set of risks which set them apart from larger companies who may have better internal protections or processes. Keep up to date with the biggest risks faced by small businesses in 2023 in our latest report, including cyber risk, business interruption and climate change.

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