The latest news affecting small and medium sized (SME) businesses in the UK
So the TUC has carried out a survey that has apparently found that two billion hours of overtime was carried out by British workers last year. On top of that, the union says that these extra hours could have resulted in a million extra jobs being created.
With 1.5 million small business websites built this year, 2012 is already being tipped to be a landmark year for entrepreneurs
The latest Insolvency Index from Experian has revealed a widening North versus South business failure divide, with southern firms faring far better than their northern counterparts. London and the South East of England saw insolvency rates decrease between October and November, while company failures increased in the North East, North West and Yorkshire.
Small businesses quizzed by the UK Business Barometer indicate that they expect the Prime Minister’s veto on EU-wide treaty changes on Eurozone rules during recent crisis talks to have little impact on their day-to-day business.
The UK’s small manufacturing businesses risk being squeezed out of their domestic market as operational costs reach a new high, according to the latest quarterly Business Inflation Guide (BIG).
Business Secretary Vince Cable today set out the next steps to diversify business finance, announcing details of an industry-led Taskforce to be led by Tim Breedon, Legal and General chief executive and current chairman of the Association of British Insurers.
Plans to change the way that businesses experience ‘frontline enforcement’, such as business inspections, were set out today by Business Secretary Vince Cable, including a full scale review of UK regulatory bodies and moves to cut the number of inspections for ‘compliant’ firms.
The £1 billion boost to the Regional Growth Fund announced in the Chancellor’s Autumn Statement last week is expected to enable the fund to support around half a million jobs in total.
The number of young entrepreneurs starting up their own business has increased by nearly a quarter in the past three years, according to research out today by Experian. However, it is not all good news as the finding also highlight that almost half of these businesses are wound up within two and a half years and a further 22 per cent fail between two and a half and three years.
Chancellor George Osborne pledged to revitalise business by cutting red tape and ending a culture of employment tribunals as he gave a fairly pro-business Autumn Statement.
George Osborne confirmed in his Autumn Statement that he is taking £40bn from the Bank of England’s existing monetary easing programmes to fund his “credit easing” package of measures for small businesses.
The Be the Boss scheme for ex-service personnel is being expanded to include all Service-leavers.
Transport Minster Norman Baker has announced the formation of the ‘Anywhere Working’ consortium in a speech given in central London.
New research has revealed that SMEs in the UK rely less on bank debt than their international counterparts but have a lower level of business insurance than those outside the UK.
The most radical reform to the employment law system for decades have been outlined by Business Secretary Vince Cable as part of the Government’s plan for growth, cutting unnecessary demands on business while safeguarding workers’ rights.
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