Health insurance is one of the most popular employee benefits in the UK. However from 1 November 2015 policyholders will see a significant spike to their renewals as George Osborne’s increase in Insurance Premium Tax (IPT) takes effect. The rise, announced in the last budget, sees IPT go up by over 50 per cent, from 6 per cent to 9.5 per cent. This will affect most policies taken out or renewed after the beginning of November.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Romford businesses are Britain’s best performers
North East London town home to the most fast-growing companies, while the ‘incubation belt’ from Bradford to Northampton has a strong start-up rate but sales lag
UK and China join forces to boost creative and technology industries
Low carbon taxis, zero-emission sports cars, and a TV training programme were the centre of a £325 million suite of creative and technology partnerships between the UK and China announced today.
An hour boosted one startups valuation by $1 billion
An hour can make a huge difference in life. For Zenefits CEO Parker Conrad, it made the difference of $1 billion in his company’s total valuation.
Jamie Oliver sees profits go off the boil as company losses £13million
Jamie Oliver’s company enjoyed a bumper turnover last year but ended up reporting losses of almost £13 million.
Vulpine, stylish cycling clothing to raise £500k on Crowdcube
Vulpine, the stylish cycling apparel brand has launched a crowd-funding campaign on Crowdcube with a mission to raise £500,000 of investment.
Pavegen Announce New Technology Campus in the Heart of Silicon Fen, Cambridge
Pavegen, the company that generate electricity from footsteps, are delighted to announce the formation of their new campus in partnership with Allia Future Business Centre, Cambridge.
The Pen is Mightier than the Laptop
UK’s small businesses still managed by paper and ink
Funding Circle launches across Europe
Leading global marketplace for business loans expands into Germany, Spain and the Netherlands
Majority of small businesses are born global, not local
Local mindset is leaving small businesses exposed to ‘shadow risk’
Consumers would pay up to £1.65bn to access premium mobile & broadband service
Consumers are prepared to potentially pay more to access premium broadband and mobile phone services offering a faster, more reliable connection. These top tier contracts could be worth up to £1.65bn in additional annual revenues to telcos, according to research by KPMG.
Tech City UK unveils Nation Visa Scheme to help attract top talent
Tech City UK has announced the Tech Nation Visa Scheme (Tier 1, Exceptional Tech Talent), an evolution of the dedicated route for helping businesses operating within the digital technology sector to attract and secure world-class talent from outside the EU.
CBI calls on Government to prioritise innovation spending
The CBI is pressing the Government to prioritise innovation and science funding in the forthcoming Comprehensive Spending Review (CSR).
VW removes royal warrant over emissions scandal
Volkswagen has decided to drop the Queen’s official standard because of the emissions scandal that has rocked the company.
Amazon takes legal action against fake reviews
Online giant Amazon has started legal action against more than 1000 fake reviews on it’s website
















