Small firms recover

Posted on 17 Mar 2022
Share Blog Post
Small businesses edge back to health Analysis of business records by Xero has found that small businesses are gradually seeing their sales move back toward pre-pandemic levels. However, while results for hospitality were the most promising since August 2020, sales have been slow to rebound and jobs remain down over 20% year-on-year. In contrast, retail and the information media and telecommunications sector reported healthy growth. Gary Turner, managing director at Xero, said: “Small firms have still got a fair way to go to get back to 2019 growth, but this data shows that recovery is underway.”

View more blog posts

HMRC to close phone lines
Posted on 25 Mar 2024
HMRC to close phone lines
read more
More people in higher rate tax
Posted on 18 Mar 2024
More people in higher rate tax
read more
Tax cuts illusory
Posted on 13 Mar 2024
Tax cuts illusory
read more
MTD extended
Posted on 01 Mar 2024
MTD extended
read more
Back To Top
01604 660661