Category: News

Clothing and footwear sales increase fastest, helped by warm weather and promotions, CBI survey finds

Business Secretary Vince Cable has said the government will support alternative sources of finance for SMEs

This is not the first time BT have tucked away their price increases in the shadow of a national event. In 2011, BT’s 9 per cent increase in UK landline call charges was announced during the Royal Wedding bank holiday.

George Osborne is hoping expected second-quarter growth figures published on Wednesday of around 0.6% will be seen as a long-awaited economic and political watershed, marking the return of sustained growth and ending three years of an economy bumping along the bottom.

Exporters proved just how critical they are to the UK’s economic recovery during the second quarter of this year, after UK exporting activity reached a new peak since the recession got a grip in 2007. The crucial thing now, says Smart Currency Business, is to build on that growth and aid SMES to tap into new foreign markets.

Extension of the new PAYE reporting system to cover Britain’s biggest companies should be halted to avoid complications that have plagued the radical reforms, says a member of the customer user group that advised HM Revenue & Customs about its launch .

The latest Business Insolvency Index from Experian, the global information services company, reveals more positive news as the overall business insolvency rate for the UK fell to 0.07 per cent in June from 0.08 per cent in June 2012

Farming technology in the UK is to receive a £160m boost, the government has announced.

£223 billion worth of corporate debt currently sits unprotected within SMEs across the UK, reveals research commissioned by Legal & General leaving UK businesses exposed to serious levels of financial and commercial risk.

The construction sector needs an independent adjudicator to crack down on large contractors’ “abuse” of small suppliers, according to a cross-party parliamentary inquiry.

Bibby, one of the UK’s leading independent lenders to SMEs, has seen its profits fall by 35pc after experiencing “difficult issues” in a number of its businesses.

The UK economy has seen a £9.9bn trade and investment boost from the London Olympic and Paralympic Games, one year into a four-year programme of activity and events.

The London Olympics are forecast to deliver a £41 billion boost to the British economy by 2020, the government’s official evaluation has found.

With one million young people unemployed in this country – and the vast majority of them unskilled – it is a disgrace for the government to allow a drop in apprenticeships for the under-19’s

SME’s will no longer be caught out on higher business energy prices, as British Gas British Gas has announced it will end automatic roll over contracts for new customers and Eon has also called for the rest of utility industry to follow suit.