Business Advice
Living wage increase “four times rate of inflation”
Jan 06, 2020
The National Minimum and Living Wage will increase from 01 April 2020, the Government has confirmed. Under approved plans, the National Living Wage (NLW) - for workers over the age of 25 - will rise by 6.5 per cent from £8.21 ...
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HMRC winding up petitions reach four year high
Jan 02, 2020
According to the latest official figures, the number of companies that were wound up last year following intervention from HM Revenue & Customs (HMRC) reached the highest level for four years. The clampdown on companies that go bust whilst owing a ...
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Businesses urge Government to negotiate post Brexit trade deals
Dec 19, 2019
Businesses are urging Prime Minister Boris Johnson to begin negotiations on the terms of the UK’s future relationships with the European Union (EU) after Brexit. Following the Conservative victory in the election, businesses are urging the Prime Minister to follow up ...
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Late payments are significantly affecting UK SMEs
Dec 09, 2019
According to MarketFinance Business Insights, small and medium-sized enterprises (SMEs) are experiencing greater delays in receiving payments, with the average length of time doubling from 12 days to 23 days over the past year. The latest analysis revealed that these invoices ...
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Majority of employees uncomfortable discussing finances at work
Nov 21, 2019
According to the latest research, two-thirds of employees do not feel comfortable talking about their finances at work, despite more than a fifth of people struggling to make ends meet. The research published by Business in the Community as part of ...
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Government announces £56 million funding to boost business productivity
Nov 07, 2019
The Government has launched a new £56 million wave of funding in a bid to boost productivity throughout the UK economy. The UK ranks as one of the best places in the world to start and grow a business, with around ...
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Government awards £2 million fund to help solve problems faced by small businesses
Oct 17, 2019
The Government has announced that a £2 million fund is to be distributed in a bid to help address many of the common problems faced by small and medium-sized enterprises (SMEs). The money forms part of the Business Basics programme and ...
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SMEs are losing money by not having a website
Oct 10, 2019
According to new research, UK based small and medium-sized enterprises (SMEs) are missing out on thousands of pounds each month due to a lack of online presence. A report by website maker Wix found that SMEs could be missing out on ...
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More than 2,800 retail stores closed during first half of 2019
Sep 12, 2019
According to the latest industry research, around 16 shops are closing every single day on UK high streets as retailers look to restructure their businesses and adapt to increased levels of online shopping. The research found that there was a net ...
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Government launches £10 million Brexit Readiness Fund
Aug 29, 2019
The Government has launched a £10 million Brexit readiness fund that will help provide support for businesses who are preparing for Brexit ahead of the 31 October deadline. The Business Readiness Fund is open to business organisations and trade associations throughout ...
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