Vince Cable’s £3.9bn Business Bank is “shaping up to be a missed opportunity” that will fail to address the “finance gaps” that constrain the growth of small companies, business groups have warned.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
UKTI Plans Largest Ever Series Of Trade Missions To Emerging Markets
UK Trade & Investment today announced plans for the largest series of trade missions and showcases yet staged to top emerging global markets.
‘Zombie’ businesses fall at record rate
The number of businesses in “zombie” businesses has fallen at a record rate as the economy continues to improve, according to a report by a leading insolvency adviser.
Taxman lost £950m in overhaul of PAYE
HM Revenue & Customs abandoned hopes of collecting more than £950m in outstanding PAYE in the run-up to the biggest reform for 70 years in the pay as you earn system, the National Audit Office (NAO) has disclosed.
Private medical insurers should look at ‘pooling’ their flex risk to benefit SMEs
Jelf Employee Benefits believes that many more small to medium sized businesses and their employees could be introduced to a wider variety of benefits with competitive pricing, if private medical insurers pooled their benefit risks.
Work absence at record low, but still costs economy £14BN a year
Absence from work in the UK has dropped to a new record low, according to the latest CBI/Pfizer Absence and Workplace Health Survey out today.
Cyber attacks can take months to control even after detection
Advanced cyber attacks being made by state-sponsored cyber terrorists can take months to control even after being detected an IT security company was warned.
Vince Cable warned over bank turnaround units taking ‘cut throat’ approach to companies
Banks’ turnaround divisions are “exploiting” ailing firms rather than helping them, a government adviser has warned Vince Cable.
Business Minister Michael Fallon Launches Startup Britain Bus Tour
Business Minister Michael Fallon launched the StartUp Britain bus this morning Monday July 15 as it hit the road this summer to help to boost the number of businesses started in 2013 to a record 500,000.
Start-ups prize experience as the value of an academic background plummets
Tomorrow’s employers no longer value a strong academic background as research, commissioned to identify the ‘DNA’ of the ideal start-up employee, found that 81 per cent of the nation’s start-ups said they no longer look specifically for candidates with a strong academic background.
Regional Growth Fund Winners who share £500M pot announced
More than 100 companies and projects in England are to receive cash from a £506m Government pot to boost jobs and fuel business expansion.
New report on London property values shows that “East is the new West”
The east of London is increasingly attractive for those looking to set up home in the capital, thanks to a combination of transport links, high-quality local facilities and quality of life, according to new research by the Centre for Economics and Business Research (Cebr).
Britain’s best young entrepreneurs celebrated by Peter Jones at National awards ceremony
An 18-year-old Peter Jones Enterprise Academy student from Solihull College in the West Midlands has been named National Entrepreneur of the Year by Dragons’ Den star Peter Jones.
Government Start-Up Loans Extended To Former Armed Forces Entrepreneurs
Military charity Heropreneurs which advises and guides UK ex-military into setting up in business says that the number of start-ups could multiply now that the Government has extended its Start Up Loans scheme to any age with a special focus on former Armed Services personnel.
Nick Hewer: Sugar may quit The Apprentice to spend more time on his businesses’
It seems Lord Sugar may be preparing to quit the BBC1 show that turned him into the nation’s most recognisable business man.
