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Tina McKenzie on Muck Rack

Tina McKenzie

As seen in: Daily Express, Belfast Telegraph, LBC, The Irish News, Belfast News Letter, Drapers, First Voice, LondonlovesBusiness, Inkl, Business Telegraph (UK) and
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Articles

Small Firms Warn Reeves: Costs Impact Growth Plans - London Business News

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By Tina McKenzie
| LondonlovesBusiness Verified
Inaction from the Chancellor is not enough for the UK’s 5.7 million small businesses and self-employed who are being squeezed by cost pressures and facing a new cost crunch about to hit in April. We’re a month away from employment costs going up, business rates going up and energy bills going up. The Chancellor missed the chance today to address the costs stack about to hit small firms.
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GDP expected to grow by 0.3% in the first quarter of 2026

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By Tina McKenzie, Rick Kanda, Sarah Dunsby
| LondonlovesBusiness Verified
Gross domestic product (GDP) growth was 1.3% in 2025, driven by investment and government consumption. Private consumption growth was weak last year, while net trade weighed on growth. Growth in the fourth quarter of last year was driven by the production sector, which saw strong outturns earlier in the quarter. Services showed no growth while construction saw the largest quarterly contraction since mid-2021.
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GDP growth not felt by small firms as costs mount

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By Tina McKenzie
| LondonlovesBusiness Verified
Small business owners looking at the GDP result for December – while being relieved that it was at least weakly positive – would be forgiven for feeling that it largely appears to have passed them by. A small uptick in a necessarily very broad figure shouldn’t disguise the tough reality being felt on the ground.
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