{"id":20100,"date":"2025-08-21T10:14:00","date_gmt":"2025-08-21T09:14:00","guid":{"rendered":"https:\/\/www.moorethompson.co.uk\/specialist-sectors-blog\/?p=20100"},"modified":"2025-08-21T09:14:08","modified_gmt":"2025-08-21T09:14:08","slug":"how-could-record-government-borrowing-hurt-your-business","status":"publish","type":"post","link":"https:\/\/www.moorethompson.co.uk\/specialist-sectors-blog\/how-could-record-government-borrowing-hurt-your-business\/","title":{"rendered":"How could record Government borrowing hurt your business?"},"content":{"rendered":"

With June\u2019s borrowing hitting \u00a320.7\u202fbillion, the second\u2011highest ever for the month<\/a>, UK public finances are creaking under pressure.<\/p>\n

With a range of ideas being thrown around on how to address the ever-increasing hole in the public purse, it may be your business that gets caught in the crossfire.<\/p>\n

We are going to take a look at how the Government\u2019s questionable financial strategies could come back to bite your business and what you can do about it.<\/p>\n

Why is borrowing so high?<\/strong><\/p>\n

Global uncertainty and volatile markets have chipped away at the pound\u2019s strength, while the contentious debate around welfare reform and the generous Spending Review<\/a> promises have left a gaping hole in the Treasury\u2019s budget.<\/p>\n

To plug it, the Chancellor borrowed \u00a36.6\u202fbillion more than last June<\/a>, leaning on debt as a stopgap solution.<\/p>\n

As a business owner, you know that borrowing is only a short-term solution and that tougher measures will inevitably follow a budget balanced by borrowing.<\/p>\n

There is an ongoing discussion around how the Government will eventually address the financial challenges facing the country.<\/p>\n

A wealth tax is being debated, but there are mixed reports on whether this will cause an exodus of the rich and powerful.<\/p>\n

Even if these reports are exaggerated, they could be enough to unsettle the Government into dropping the plan.<\/p>\n

That will leave those less well-off to pick up the bill.<\/p>\n

Will my business face more taxes?<\/strong><\/p>\n

Increased Corporation Tax is certainly one way that Labour could raise more money while sticking to their campaign pledge of not placing the cost on working people.<\/p>\n

However, the impact of the excessive borrowing is likely to be more far-reaching than simply having your business pay the difference.<\/p>\n

This excessive borrowing is a sign of financial hardship and an indicator that it may not lift anytime soon.<\/p>\n

The average person has less spending power than they did before, as rising food prices<\/a> contribute to increasing inflation.<\/p>\n

The monthly cost of renting a home has risen by \u00a3221 in three years,<\/a> and inflation is causing mortgage rates to be similarly punishing.<\/p>\n

This will have a massive impact on all businesses, but those that provide goods and services that are not considered essential may face the biggest blow.<\/p>\n

As customers become increasingly less willing to part with their hard-earned cash, businesses may begin to see cash flow issues come up more frequently than would typically be expected.<\/p>\n

This is paired with the tumultuous global economy that has caused major supply chain, import, and export issues for many businesses.<\/p>\n

In these trying times, having a clear vision of the future is imperative for businesses to survive.<\/p>\n

We are on hand to help you plan for the future and adjust your business\u2019s financial trajectory to help you stay afloat in increasingly troubled waters.<\/p>\n

Don\u2019t let the Government\u2019s badly balanced budget be the end of your business. <\/strong>Speak to our team today<\/strong><\/a>!<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

With June\u2019s borrowing hitting \u00a320.7\u202fbillion, the second\u2011highest ever for the month, UK public finances are creaking under pressure.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,17,29,14],"tags":[],"class_list":["post-20100","post","type-post","status-publish","format-standard","hentry","category-blog","category-business","category-rob-blair","category-tax"],"yoast_head":"\nHow could record Government borrowing hurt your business? - Moore Thompson<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.moorethompson.co.uk\/specialist-sectors-blog\/how-could-record-government-borrowing-hurt-your-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How could record Government borrowing hurt your business?\" \/>\n<meta property=\"og:description\" content=\"With June\u2019s borrowing hitting \u00a320.7\u202fbillion, the second highest ever for the month, UK public finances are creaking under pressure.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.moorethompson.co.uk\/specialist-sectors-blog\/how-could-record-government-borrowing-hurt-your-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Moore Thompson\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-21T09:14:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-21T09:14:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.moorethompson.co.uk\/specialist-sectors-blog\/wp-content\/uploads\/2025\/08\/Rob-Blair-V1.png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"How could record Government borrowing hurt your business?\" \/>\n<meta name=\"twitter:description\" content=\"With June\u2019s borrowing hitting \u00a320.7\u202fbillion, the second highest ever for the month, UK public finances are creaking under pressure.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.moorethompson.co.uk\/specialist-sectors-blog\/how-could-record-government-borrowing-hurt-your-business\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.moorethompson.co.uk\/specialist-sectors-blog\/how-could-record-government-borrowing-hurt-your-business\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/www.moorethompson.co.uk\/specialist-sectors-blog\/#\/schema\/person\/7492a5f598cd9d391448860764f43b16\"},\"headline\":\"How could record Government borrowing hurt your business?\",\"datePublished\":\"2025-08-21T09:14:00+00:00\",\"dateModified\":\"2025-08-21T09:14:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.moorethompson.co.uk\/specialist-sectors-blog\/how-could-record-government-borrowing-hurt-your-business\/\"},\"wordCount\":496,\"articleSection\":[\"Blog\",\"Business\",\"Rob Blair\",\"Tax\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.moorethompson.co.uk\/specialist-sectors-blog\/how-could-record-government-borrowing-hurt-your-business\/\",\"url\":\"https:\/\/www.moorethompson.co.uk\/specialist-sectors-blog\/how-could-record-government-borrowing-hurt-your-business\/\",\"name\":\"How could record Government borrowing hurt your business? 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