The Confederation of British Industry have called for new tax breaks and alternate sources of funding for small and medium enterprises, in a report which provides suggestions to help UK businesses. (more…)
Small businesses remain resilient despite uncertain UK economy
A report produced by the Federation of Small Businesses has revealed the strength and resilience of small businesses throughout the UK, despite the challenges still facing the UK economy. The Federation of Small Businesses carried out the Voice of Small Business Member Survey, which revealed that (more…)
Experts predict a recovery for the second half of 2012
The latest Business Trends Report produced by BDO, accountancy and business advisory company, indicates that during the second half of 2012 the UK economy may stabilise as business confidence rises. (more…)
Rising costs for North East pubs threatens further turmoil
Since the start of the 2008 recession, the pub trade has been under pressure to survive. (more…)
Number of insolvencies in Scotland hit record highs
The UK government’s Insolvency Service recently released data that revealed Scottish insolvencies had hit a record level. According to experts, the number of insolvencies in 2012 was set to continue. (more…)
SMEs hit by planned Royal Mail price increase
The Forum of Private Businesses has warned in a letter sent to Ofcom that increasing the cost of postage in the UK will add further burden to Small and Medium Enterprise, while damaging Royal Mail. The FPB has urged the regulator to prevent Royal Mail from increasing postage prices, which could result in (more…)
Late payments reach record levels
2011 saw the level of bills paid late by companies soar to 25.6 working days past the original terms for payment. This is a large increase compared to the number of days in 2008 and 2010, which were 21.5 and 22.5 respectively. Original payment terms are typically between (more…)
Bank of England report reveals lower lending levels in last quarter of 2011
According to data released by the Bank of England, lending to UK Small and Medium Enterprises has continued to decline. The figures for the fourth quarter reveal a negative growth rate for business lending, with levels of secured loans to households remaining static during the same quarter. (more…)
Survey reveals increased number risk homes to secure business funding
A survey carried out by borro.co.uk reveals that an increased number of small business owners are willing to risk their home to ensure the survival of their business. More than 10 percent of (more…)
Companies urged to support ‘Export for Growth’
During a regional event in the South East, the minister for trade and investment Lord Green, urged the business community to help the government with regard to its efforts to encourage more businesses into exportation of goods. Among those who could provide (more…)
