New research reveals the extent to which the UK’s SMEs are exposed to substantial debt stress today.
Category: In Business
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New R&D tax credit could leave lots to be desired for struggling UK SME’s
The Chancellor’s reforms to Research and Development (R&D) tax reliefs take effect today, including an increase in the Research and Development Expenditure Credit (RDEC) rate from 13% to 20% for UK businesses.
New research reveals that unfilled tech vacancies are down, yet talent struggles remain
Despite the number of unfilled job vacancies in the tech sector falling by more than a fifth in the latter months of 2022, there are still over 55,000 unfilled roles suggesting that talent shortages are still plaguing the sector.
Utilising training & employment schemes: How to plug skills gaps within your business to boost growth
2023 has been challenging for business so far, but a new poll of SMEs in England from the Join the Skills Revolution campaign reveals that they still expect to see a 26% (on average) growth in revenue this year.
UK Government has lost £21bn in pandemic fraud, but will the taxpayer ever get it back?
The UK Government has lost £21bn worth of taxpayers money due to fraud since the start of the pandemic, that is “very unlikely” to be unrecovered, according to the National Audit Office (NAO).
Britons have more confidence in EU than Westminster, poll finds
People in Britain have more confidence in the EU than the UK parliament, reversing a state of affairs that has lasted for more than 30 years, research reveals.
VAT expert calls for reform of “Britain’s most contentious tax” on 50th anniversary
As VAT reaches a historic milestone of 50 years in UK law, the head of VAT at an organisation supporting more than 4,500 businesses in the East Midlands is calling for drastic reform of Britain’s most contentious tax.
Business Champion Awards triumph for coach Polston
One of the UK’s leading business strategists and performance coaches, Will Polston, has been named as the Business Enabler of the year at the annual Business Champion Awards.
SMEs are at risk of losing a David and Goliath battle for talent
Small businesses are in a David and Goliath battle for talent. Research has found that almost half of SME workers are looking for a new role, compared with 39% of those at large businesses.
Friends of the Earth lawyers poised to act if revised Net Zero Strategy falls short
Today’s government announcements on energy security and climate change are inadequate and risk failing to meet UK climate targets, says Friends of the Earth.
Male-led businesses receive over six times more investment than female-led
New research has revealed that funding into new UK businesses still weighs heavily in favour of male-led businesses – who receive 6.2 times more in funding than women owned ones.
Members of ‘pension liberation scheme’ lose tax case
A businessman who presided over one of Britain’s worst “pension liberation” scandals was branded evasive, hostile and guilty of “highly regrettable conduct”, according to the judgment in a tax tribunal published yesterday.
Binance faces US ban for ‘breaking laws’
Binance faces a ban in the United States after being sued by an American watchdog for breaking and ignoring a host of financial and market rules.
Airbnb tempts London home owners for coronation weekend
It is expected to be one of the busiest weekends of the decade in London when people flock from all corners of the globe to join the celebrations for the coronation in May.
Cost-of-living crisis: The benefits of supporting local and how to make an impact
The cost-of-living crisis and rising energy prices have caused problems for many people, and businesses aren’t exempt from these financial struggles.
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