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crisis in local government funding

The crisis in local government funding and the ripple effect on charities and businesses

Current financial pressures In a letter to Chancellor Jeremy Hunt ahead of the March 2024 budget, the Local Government Association (LGA) said that councils were facing significant shortfalls because of cost and demand pressures: “Our analysis shows that by 2024/25 cost and demand pressures will have added £15bn (28.6%) to the cost of delivering council services since 2021/22. Despite increased

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April 29, 2024
rising business costs

Rising business costs in the new fiscal year

The signs are that the worst of the cost of living crisis may be over for consumers, with CPI inflation at 3.4% in February now well below the rise in average pay of 6.1% for those in work. Pensioners have seen a huge hike of 8.5% and most benefits have been uprated by 6.7%. If only the situation facing businesses

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April 22, 2024
steve parker

In memoriam – Steve Parker

It is with the greatest sadness that Opus Business Advisory Group has to announce the loss of one of its founding Partners, Steve Parker, who passed away unexpectedly on 7th April 2024. Steve was one of the genuinely good guys – a top class IP, an astute businessman and a kind and caring person, who was an inspiration to all

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April 16, 2024
monthly overview

April 2024 economic and business overview

Green shoots of recovery or another false dawn? The chart of the UK’s monthly GDP movement over the past thirteen months, published in mid-March by the Office for National Statistics, confirms just how erratic and weak our growth performance was in 2023. There were six monthly rises and six monthly falls, all of less than 0.75% and most far smaller

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April 2, 2024
disruptors in the world of architecture

The threat from disruptors in the world of architecture

2023 ended with a very mixed mood for the architectural sector. Some of this feeling was driven by a new and, in some traditional parts of the profession, unwanted trend of downscaling through the use of technology. Here, we look at these factors and consider what they may mean for the future of architectural firms. A very mixed outlook among

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March 27, 2024
Opus Manchester office

Opus opens new Manchester office with local Partner

Opus Business Advisory Group continues to support the thriving North West business community by opening a new office in central Manchester. Frank Ofonagoro joins Opus to lead a dedicated team committed to business support, restructuring and insolvency advice. Frank brings over 20 years of experience delivering projects in restructuring, transaction services and corporate advisory. He is a current board member

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March 22, 2024
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