Competition and Markets Authority says competition in current accounts and small business lending is not working
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
2014 National Business Award finalists announced
Britain’s leading businesses, business leaders and social enterprises have today been revealed as finalists for the 2014 National Business Awards.
Inflation Moves Back Towards 2.0%
The annual rate of inflation in the UK increased in June to 1.9 per cent, data released today by the Office for National Statistics showed.
UK Companies Face a Late Payment Burden of £46.1 Billion
Sixty per cent of UK SMEs are now experiencing late payments, with the average SME waiting for £38,186 in overdue payments.
Tribunal cases on holiday pay could put firms out of business
Businesses are facing the risk of significant additional costs – potentially billions of pounds – and a threat to their very existence from tribunal cases challenging the normal calculation of holiday pay under the Working Time Regulations (WTR).
I’m out, says Bannatyne as the Dragon leaves the Den
Dragons’ Den star Duncan Bannatyne has announced that he will step down after the current series of the hit BBC show due to ‘other business commitments’
Embrace remote working and have the upper hand when strikes hit
On 10th July, the UK faces the largest one-day strike over pay by public sector workers since 2010. Up to a million local government workers, civil servants, teachers, passport staff, health workers and firefighters plan to strike.
Smaller companies are lagging behind in the investment stakes
The divergent attitudes between Britain’s large companies and small firms towards investment, despite widespread confidence in the economic recovery, is revealed in a series of reports released today.
Deadline extended in 2014 NatWest everywoman awards
Female entrepreneurs following in the footsteps of Jo Malone MBE, Hilary Devey CBE, Kelly Hoppen MBE and Cath Kidston MBE are being sought as the 2014 NatWest everywoman Awards open for entry.
Two Thirds of Employees Break Data Protection Rules
As many as two thirds of Britons employed in workplaces where they have access to highly sensitive and confidential information have admitted that they use their mobile phones to update social media profiles whilst at their desk, according to new research.
UK new car sales rise at fastest rate for nine years
British consumers exploit cheap car finance deals to buy models with lower running costs as sales rise 10.6% in first half of 2014
We’re Getting Older and Wealthier
We’re much better off than we were in 1975 and each successive cohort has been better off.
Property prices in the capital rising at the fastest rate since 1987
House prices in London have jumped by the highest amount in 27 years, as the capital’s property market continues to pull away from the rest of the country.
‘new normal’ will see rates go to 2.5pc and stay there
Interest rates will not recover to their pre-crisis levels because “things have changed,” the Governor of the Bank of England said on Friday.
Free innovation advice & growth grants of up to £25k
East Anglia’s leading enterprise agency is urging businesses in the region to access free, impartial support and funding of up to £25k.
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