Expensive, with high interest rates and a poor reputation; the latest independent research from BDRC Continental shows the UK’s SMEs do not appear to welcome payday loans as a means of financing their business.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Welsh business boosted by first distributed supercomputing network in the UK
Wales has become the first country in the UK to boast a distributed national supercomputing network, meaning Welsh businesses can now access some of the most advanced computing technology in the world, along with the training, outreach and technical support to exploit it effectively, it was announced today.
Yorkshire Building Society supports Young Enterprise in schools
The Yorkshire Building Society has pledged for the first time to support the work of Young Enterprise, the UK’s largest enterprise education charity, in North East and Yorkshire and Humber schools.
Social Enterprises receive business boost from City volunteers
Lord Mayor of the City of London David Wootton has announced that the City of London Corporation plans to extend its City Action volunteering matchmaking service.
What Can Small Business Owners Learn From Great Athletes?
Businesspeople are so fascinated with elite sport that companies pay vast fees to listen to inspirational talks by sporting legends. But what do they learn from them? Professor Graham Jones Founder, Top Performance Consulting Ltd looks at this fascination
Are financial services firms ready for new complaints management regulation?
Firms in the financial services sector face severe fines and reputational damage if they fail to pay heed to new Financial Services Authority complaint rules which come into force on 1st July.
James Caan to chair new Board to distribute £82.5m of start-up business loans to young entrepreneurs
Former BBC Dragon’s Den star James Caan has been approached by Lord Young, advisor to David Cameron on Enterprise, to help the Government drive an initiative to provide start up loans to young people across the country.
Deputy Prime Minister Nick Clegg launches Made: 2012 to be held in Sheffield
The Deputy Prime Minister and MP for Sheffield Hallam, Rt Hon Nick Clegg, has today backed Britain’s entrepreneurs at the launch of MADE: The Entrepreneur Festival 2012.
Better help for consumers in financial difficulty from payday loans
Payday lenders have agreed to improve their codes of practice to increase transparency and better protect vulnerable borrowers, Business Minister Norman Lamb announced today.
Nationwide competition launches to support UK sales industry
National Sales Awards in partnership with Huthwaite International launches a nationwide competition asking sales professionals to share their top sales tips, for the chance to win £1,000.
Don’t let tax be at your own expense
As times continue to prove tough for SMEs all over the UK, are businesses making the most of tax allowances and relief which could make a significant difference to the bottom line?
Enterprise and Regulatory Reform Bill published
Business Secretary, Vince Cable today presented the Enterprise and Regulatory Reform Bill to Parliament. The Bill is a central element in the Government’s aim for strong, sustainable and balanced growth, powered by investment, exports, technology and enterprise.
New research reveals why strong engagement scores can spell trouble for organisations
High levels of engagement could actually be damaging for organisations and their employees if one dimensional engagement surveys mask the types of engagement at play within an organisation.
Business insolvencies fall in April
Insight from Experian shows that financial health of UK firms has improved with the North East seeing the biggest improvement
Beware of bad debt
SMEs are urge to measure the financial strength of other companies before doing business with them.
