A recent report revealed that retailers who only accept cash payments are losing valuable business. The report shows that the average amount of money which is carried by the majority of people is £20, although the average amount spent at small retailers using credit and debit cards amounts to £64. The survey was conducted using the data of card payments for more than 40,000 businesses. (more…)

Ministers are consulting on proposals made to make dismissal of employees easier for employers with 10 staff or less. Vince Cable, the business secretary, launched the consultation with a view to making it easier for employers to sack members of staff. However, Cable pointed out that “strong evidence” was required to make such a step justifiable. (more…)

The level of goods exported to countries which are not within the European Union reached record levels in January this year. The exportation of goods to countries like the US and China reached £12.9 billion, an increase on December’s figure of £12 billion. (more…)

A new service has been launched by Experian, to make it easier for Small and Medium Enterprises in the UK to make calculated decisions for their business. The Experian Business Check lets a company obtain detailed information about a potential client or supplier’s payment record and financial stability. (more…)

The results of three recently released surveys indicate a fresh surge of optimism among UK businesses. The positive results could be an indication that the UK economy is on the road to recovery following a bleak period for businesses. (more…)

The Forum of Private Business has based its Budget submission to George Osborne on five main areas, which it considers to be critical to the growth of UK businesses. (more…)

The Federation of Small Businesses has asked for a representative of small companies to have a seat in the Cabinet. The United States have a small business administration which has been created to support and boost small businesses in America. The FSB, thought to be the largest organisation for businesses, is calling for something similar here in the United Kingdom. (more…)

O2, the leading provider of mobile and broadband services in the UK, recently launched a pilot scheme for flexible working. Around 3,000 workers at its Slough headquarters were allowed to take part in one of the largest initiatives for flexible working in the UK, operating remotely for the day rather than commuting to the office. (more…)

The yearly Small Business Survey conducted by PeoplePerHour has shown that 34 percent of small businesses in London trade solely online. A third of all London companies don’t have a high street presence, with ecommerce being the only outlet for their business. (more…)

The cost of anti-social behaviour has cost UK businesses £9.8 billion in 2011, with the damage and cost expected to rise this year. Recent research conducted by One Poll on behalf of RSA insurance surveyed (more…)