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Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
CBI upgrades growth forecast
Growth predicted to rise to 3.0 per cent in 2014 and CBI unveils businesses’ priorities ahead of 2015 general election
Married to the job
Workaholic Brits will spend more than three times as many hours with their office colleagues than with their children – new research has found.
Taxman can now raid your bank account
Commons Treasury committee raises concerns about powers of HMRC to remove cash from bank accounts without a court order.
Barclays to cut 19,000 jobs
Barclays is set to cut more than a quarter of the staff in its investment banking arm as part of a radical overhaul of the lender that will also lead to the closure and disposal of its entire European retail business.
Optimism is soaring amongst smaller manufacturers as orders boom
Optimism amongst the UK’s smaller manufacturers has surged to its highest level since records began in 1988, according to the CBI’s latest SME Trends Survey.
Half a million new jobs expected in next 12 months as economy strengthens
Over 450,000 private sector jobs will be created in the next 12 months, with a year until the General Election, the Chancellor will be satisfied as the economic recovery becomes more solid and businesses prospects more optimistic.
Optimism Soars Amongst Smaller Manufacturers
Optimism amongst the UK’s smaller manufacturers has surged to its highest level since records began in 1988, according to the CBI’s latest SME Trends Survey.
UK bosses fear World Cup will be an ‘own goal’ for business
Almost half of SME owners and managers in the UK are concerned that the World Cup will have a negative impact on their business, a recent survey has revealed.
Rapid rate rises ‘could throw UK back into recession’
Britain’s reliance on consumer spending to drive growth leaves economy vulnerable to rate rises, analysis suggests
Foreign Tourists Fuelling UK Growth
Spend on retail, hospitality and leisure is set to rocket as overseas visitors flock to the UK over the next few years, according to a new report from Barclays.
PayPal executive Agrawal ducks out
Rakesh Agrawal leaves company after sending series of disparaging tweets including one telling coworker ‘duck you’
North-East charity set to benefit from the Strive Challenge
Newcastle based charity, The Key _ Your Potential Unlocked has been announced as one of the first charities to benefit from the Strive Challenge.
Scottish ‘yes’ vote could improve UK credit
Moody’s has said an independent Scotland would likely receive an investment grade rating and that the rest of the UK’s credit could actually be improved in the event of a ‘yes’ vote
Saga looks to raise £550m in float
Over-50s lifestyle group will offer a significant proportion to retail investors
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