Newsroom

  • 1 January 1970


  • 17 July 2018

    Summer boost for retail sales

    Hot weather, bank holidays, summer sporting events and new celebrity-influenced trends are setting the wheels in motion for a spike in retail sales this summer. According to a new study...
  • 22 June 2018

    Women find it harder to access start-up funding

    Access to finance is a challenge faced by many entrepreneurs. However, according to a new report, the struggle is all the more real for women, as businesses with all-male teams...
  • 18 June 2018

    Increased taxes, the biggest threat to wealth

    Almost three in four high net worth individuals (HNWIs) are expecting an increase in taxes within the next year. According to findings by Wealth Club, 73 per cent of HNWIs...
  • 4 June 2018

    Alternative finance driving SME growth

    UK SMEs are turning away from the traditional methods of lending and seeking alternative funding to sustain and drive growth. Research shows that almost 60 per cent of SMEs are...
  • 25 May 2018

    SMEs have too much money tied up in working capital

    According to analysis of more than 5,000 UK businesses from Lloyds Bank Commercial Banking, London businesses have around £188 billion tied up in working capital. Working capital is defined as...
  • 21 May 2018

    Credit approvals for SMEs hits 30-month low

    SMEs are finding it increasingly difficult to access new finance, according to new research. The study*, conducted by the Federation of Small Businesses (FSB), shows that just 60 per cent...
  • 11 May 2018

    Brits set to spend £7.7 billion on summer events

    The UK public is set to splurge £7.7 billion on holidays, sporting and cultural events this summer. According to the Annual Cost of Living Life Barometer, published by VoucherCodes, 23...
  • 2 May 2018

    Have your say on the National Minimum Wage

    The Federation of Small Businesses (FSB) is seeking to understand how businesses are being impacted by increases to the National Living Wage (NLW) and National Minimum Wage (NMW). Has your...
  • 2 May 2018

    Law firms improve systems for handling client money

    Law firms are improving their approach to handling client money, as the number of qualified accountant’s reports relating to breaches submitted to the Solicitors Regulation Authority (SRA) falls by 28...
  • 1 May 2018

    Getting paid – SMEs and the late payment burden

    The recent Carillion collapse has most certainly shone a light on the issue of late payments within the construction sector, however recent research by the Institute of Directors (IoD) shows...
  • 25 April 2018

    London’s most expensive office buildings revealed

    Renting an office space in London could cost businesses over £1,500 per desk per month, new research shows. According to property group London Offices, office space in some of London’s...
  • 26 March 2018

    New alliance to challenge high-cost credit providers

    Actor and activist Michael Sheen has launched a group called the End High-Cost Credit Alliance, aimed at “tackling the increasing burden of household debt and, in particular, the exploitative credit...
  • 20 March 2018

    £3.8bn, the cost of redundancy payments last year

    British firms paid out an estimated £3.8 billion to more than 250,000 employees who were made redundant during the 2016-17 financial year. The report, published by law firm Hugh James,...
  • 15 March 2018

    Spring Statement 2018 and the impact on SMEs

    On Tuesday, Chancellor Philip Hammond struck an optimistic tone in the first Spring Statement to the House of Commons, saying that the government will champion individuals and businesses who create...
  • 12 March 2018

    Retailers must evolve in order to survive

    With much written in the press recently about the demise of Toys R Us and Maplin, experts are now considering what could have been done to save the businesses and...
  • 21 February 2018

    More SMEs turning to alternative finance

    The British Business Bank 2018 Small Business Finance Markets* report shows that UK small businesses are increasingly sceptical about bank borrowing and are diversifying in their choice of finance. Continuing...
  • 20 February 2018

    Cashflow still key to SME success

    SMEs are the lifeblood of the UK economy. They stimulate economic activity, create jobs, drive innovation, increase competition and contribute largely to the overall progress of the country. Yet, in order to survive...
  • 15 February 2018

    Auto-enrolment hits the one million employer mark

    One million UK employers have enrolled staff into a workplace pension, new figures show.  According to the Pensions Regulator, in the past year alone over 600,000 employers have complied with...
  • 7 February 2018

    SMEs need more financial resilience

    Small businesses and the self-employed are holding too little cash to help them get through unforeseen events, according to recent research. 22 per cent of businesses hold no cash savings...
  • 7 February 2018

    Wealth in Great Britain rises to £12.8 trillion

    An additional 800,000 households became millionaires in 2016, as British wealth rose to a record £12.8 trillion. Nominal wealth (not adjusting for low inflation during the period) of all households...
  • 6 February 2018

    Economic pressure hitting UK business

    The UK economy is taking strain, new research shows, with the number of listed companies issuing profit warnings hitting a two-year high in 2017. According to the findings, in the...
  • 29 January 2018

    Paper ten pound note withdrawal imminent

    The Bank of England has announced that the paper £10 note featuring Charles Darwin will be withdrawn from circulation on Thursday 1 March 2018. After this date, businesses and the...
  • 26 January 2018

    Retail sales fall more than expected

    The Office for National Statistics (ONS) has revealed that retail sales dropped by 1.5 per cent in December, well below the 0.8 per cent drop analysts had pencilled in, and...
  • 25 January 2018

    Late payments, a UK “epidemic”

    Britain is experiencing a “late payment epidemic” according to The Times’* James Hurley, who says that Carillion’s collapse has exposed how very little the government and industry has done to...
  • 17 January 2018

    London tech fund invests £100m in startups

    The London Co-Investment Fund (LCIF), launched in 2015 and backed by the Mayor of London's office, has revealed that, together with partners, it has invested £100 million into the capital's...
  • 16 January 2018

    UK fraud hits 15-year high

    The value of fraud in the UK reached £2.11 billion in 2017, a 538 per cent over the course of the past 15 years. The research, which is based on...
  • 9 January 2018

    SMEs beware: Card surcharge ban begins this weekend

    From this Saturday, some important changes to rules on credit cards and access to financial information will be implemented across the UK, which could affect thousands of individuals and SMEs....
  • 8 January 2018

    Top 10 tax fraud cases of 2017 revealed

    HM Revenue and Customs (HMRC) has published its top ten tax fraud and organised crime cases of 2017. Amongst the 762 individuals convicted last year for their part in tax...
  • 8 January 2018

    Shop prices slide in December

    Shop prices saw the deepest deflation since March 2017 in December, falling 0.6 per cent on last year compared to the 0.1 per cent decline in November. According to the...
  • 5 January 2018

    2017 was a record year for UK tech investment

    According to data compiled by Pitchbook and published by London & Partners, 2017 saw venture capital investment into the UK’s tech sector reach an all-time high with UK firms attracting...
  • 5 January 2018

    Proposed expansion of auto-enrolment

    The UK government has unveiled a two-pronged plan to expand auto-enrolment. According to the Department for Work and Pension’s review, which looks at past, present and future workplace pension saving,...
  • 14 December 2017

    SMEs struggling to secure funding

    Recent research of nearly 1,500 SME decision makers across the UK, France and Germany shows that less than half (four out of 10) SMEs have been able to secure funding...
  • 7 December 2017

    Small Business Saturday spend tops £740 million

    Despite the cold weather, Britain's public came out in force on Saturday to show their support for small businesses nationwide. Now in its fifth year, the Small Business Saturday 2017...
  • 23 November 2017

    Autumn Budget 2017: Implications for SMEs

    The Chancellor of the Exchequer, Philip Hammond, delivered his Budget Statement to the House of Commons on Wednesday 22 November 2017. The 2017 Autumn Budget represents the first step in...
  • 21 November 2017

    Autumn Budget – What’s on the agenda?

    All eyes will be on the Chancellor of the Exchequer Philip Hammond this afternoon, 22 November, as delivers the Autumn Budget which is expected to take place straight after Prime...
  • 13 November 2017

    Pensions Update

    In this article, brought to you by Beavis Morgan accountants, tax and business advisers, we discuss potential changes to pension tax relief in the Budget, the new restriction for those...
  • 8 November 2017

    Interest rates gloom for UK SMEs

    The Bank of England has raised interest rates for the first time in over a decade, from 0.25 per cent to 0.5 per cent, with the Governor of the Bank...
  • 24 October 2017

    Small businesses face rates rise misery

    More than 56,000 small businesses in England will face business rate increases totalling £152 million in April, according to research by rates specialist CVS.   37,364 small retailers, who are...
  • 11 October 2017

    UK third in cashless rankings

    SMEs must however improve mobile optimisation to remain competitive and capitalise on growing online opportunities.  According to research by Forex Bonuses, the UK is the third most cashless society in...
  • 6 October 2017

    One million more HNWIs as global rankings swell

    The global number of high net worth individuals (HNWI) grew by more than one million last year, as booming stock markets increased the number of individuals with free assets of...
  • 29 September 2017

    UK investors and their assets of choice

    The Knight Frank Luxury Investment Index Q2 2017*, which tracks the price growth of 10 luxury investment sectors, shows that whilst classic cars have dominated the rankings for the past...
  • 22 September 2017

    SMEs spend £1m annually on business expenditure

    UK SMEs spend on average £1 million a year on business expenditure, according to new research from American Express and the Centre for Economics and Business Research, with the biggest...
  • 20 September 2017

    Budget date confirmed

    Philip Hammond, Chancellor of the Exchequer, has confirmed that the next Budget will be held on Wednesday 22 November.   The Budget will set out the government’s plans for the...
  • 8 September 2017

    More funding needed for entrepreneurs

    The number of people wanting to start their own business has reached a five-year low, according to the latest NatWest’s entrepreneurship monitor. Since the vote to leave the European Union,...
  • 29 August 2017

    Slowest growth in household spending since 2014

    Household spending has seen its lowest rise in two-and-a-half years, according to the Office for National Statistics (ONS). In the three months to June, spending grew by 0.1 per cent,...
  • 22 August 2017

    Living costs on the rise

    Tax hikes and rising housing expenses are forcing up living costs at more than twice the inflation rate. The figures from CompareTheMarket.com show the average household now spends £845 a...
  • 16 August 2017

    Funding "lack of choice" a concern for SMEs

    UK SMEs are increasingly concerned about their ability to gain funding in the run up to Brexit, a recent survey has revealed. The study, commissioned by insurer Hiscox, has found...
  • 16 August 2017

    SMEs taking advantage of weak pound

    New report shows that, since the vote to leave the European Union (EU), UK small and medium sized businesses (SMEs) are capitalising on the weak pound to increase overseas sales....
  • 15 August 2017

    UK sharing economy to grow significantly in 2017

    The UK sharing economy will get an £8 billion boost in 2017, according to a recent report. Peer-to-peer (P2P) transactions generated by the UK’s five most prominent sharing economy sectors...
  • 9 August 2017

    Positive step in tackling poor payment culture

    32 of the Government's biggest suppliers have now signed up to the Prompt Payment Code. The Code, administered by the Chartered Institute of Credit Management, sets standards for payment practices...
  • 8 August 2017

    Seaside towns blackspot for personal insolvency

    In 2016, seven of the top ten areas for personal insolvencies were in seaside towns. According to recent research, of the 348 towns surveyed for personal bankruptcies, Torquay took top...
  • 7 August 2017

    Summer adds sizzle to UK retail sales

    Notwithstanding research by Visa which found consumer spending fell for the third month in a row in July, retail sales growth picked up in the year to July as a...
  • 1 August 2017

    Debt poses dangers to the wider economy

    "Household debt - like most things that are good in moderation - can be dangerous in excess." That's the message from Alex Brazier, Bank of England's Executive Director, Financial Stability.  ...
  • 12 July 2017

    Summer sun brightens retail sales

    With the arrival of summer and England's second equal warmest June on record* the retail industry has seen a much welcomed pick-up in sales growth. Figures published by the British...
  • 3 July 2017

    ONS: Savings ration at record low

    The amount of money Britain’s are putting aside for a rainy day has fallen to a record low. According to new figures released by the Office for National Statistics, just...
  • 28 June 2017

    UK's best and worst retail centres

    Cambridge jumps six places to take the top spot this year as the UK's most vibrant retail centre, according to the latest Harper Dennis Hobbs Vitality Index. The research, which measures the...
  • 23 June 2017

    Wimbledon champion declared bankrupt

    Three-time Wimbledon champion Boris Becker has been declared bankrupt at a High Court hearing, after registrar Christine Derrett said there was little evidence he would pay up the "substantial" amount...
  • 22 June 2017

    Holiday let market benefitting from weak pound

    The UK’s short-term holiday let market has experienced a boom following a drop in the value of the pound, persuading millions to opt for a 'staycation' this summer. The average...
  • 20 June 2017

    Inflation rises again

    The Consumer Price Index (CPI) has risen to a four-year high (2.9 per cent), well above the Government’s 2 per cent target. The Federation of Small Businesses (FSB) has responded...
  • 24 May 2017

    Retail sales slow

    According to the latest CBI Quarterly Distributive Trades Survey, retail sales were broadly flat in the year to May following strong growth in April*. The findings show that orders placed...
  • 18 May 2017

    More small firms missing AE deadline

    According to research from NOW: Pensions, an increasing number of small businesses are missing the deadline for auto-enrolment. Of the companies that signed up to the provider in the first...
  • 14 October 2016

    Auto-enrolment will save workers billions

    In its latest auto-enrolment update, the Department for Work and Pensions has claimed that auto-enrolment pensions will enable 10 million extra workers to save £17 billion a year before the...
  • 25 October 2016

    Construction firms suffering cashflow problems

    Recent research reveals that smaller construction firms are suffering cashflow problems due to delays in being paid by property developers which are taking an average of 56 days to pay...
  • 28 October 2016

    Fraud costs SMEs £260m

    More than £260 million of fraud is going unreported, as the rising number of scams takes its toll on small and medium sized businesses (SMEs). Research by law firm Slater...
  • 1 November 2016

    eCommerce set to lead the way this Christmas

    According to the EMarketer's UK Christmas Season Retail Sales forecast, one-fifth of UK Christmas season retail sales will be digital this year. The main Christmas 2016 period (November and December)...
  • 1 November 2016

    Weaker pound boosts exports, but import costs rise steeply

    According to the latest Markit/CIPS manufacturing Purchasing Managers’ Index (PMI) survey, the weak pound boosted manufacturing and exports in October, but the cost of imports has risen steeply. • UK Manufacturing...
  • 1 November 2016

    Lending to SMEs rises at fastest pace since 2012

    Figures from the Bank of England (BoE) show that lending to small businesses rose in September at its fastest annual pace since 2012, suggesting that companies' appetite for debt has...
  • 7 November 2016

    Personal debt tops £1.5 trillion

    Calculations by The Money Charity show for the first time that private debt has topped £1.5 trillion [1]. The average adult in the UK now owes almost £30,000, or 113.3...
  • 14 November 2016

    Workplace pension a key incentive for employees

    A recent survey of 2,000 UK adults currently paying into a workplace pension conducted by insurance providers, Aviva, shows that a workplace pension is the second most valued benefit by...
  • 15 November 2016

    SMEs more confident in bank lending

    Confidence in bank lending grows, but alternative finance remains a good funding option for SMEs looking for the right financial products for their specific business needs. Over half (52 per...
  • 22 November 2016

    UK household wealth reduced by £1.2 trillion

    According to the annual Global Wealth 2016 report issued by Credit Suisse, the UK's household wealth has been reduced by approximately £1.2 trillion following the vote to leave the European...
  • 8 December 2016

    Christmas gets cheaper as UK shop prices fall

    Christmas shopping is now cheaper than three years ago, that's according to new research findings published by the British Retail Consortium. Overall shop prices fell by 1.7 per cent in...
  • 14 December 2016

    Black Friday boosts retail sales

    The British Retail Consortium sales monitor shows a 1.3 per cent rise in retail sales in November compared with 0.7 per cent growth a year ago. Like-for-like sales were up...
  • 15 December 2016

    FSB calls for overhaul of dispute resolution rules

    Research from the Federation of Small Businesses (FSB), the UK’s biggest business organisation, has found that SMEs are losing over £11 billion a year to business disputes with 70 per...
  • 16 December 2016

    The Apprenticeship Levy – new for April 2017

    From next year, larger employers will start to pay a levy which will be allow them to pay for Apprenticeship training within their organisations. What is an apprenticeship? There are...
  • 21 December 2016

    Increase in lending and SME confidence in 2016

    According to the latest SME Growth Watch Report, conducted by Hampshire Trust Bank and the Centre for Economics and Business Research (CEBR), lending to UK small and medium sized (SME)...
  • 5 January 2017

    Three New Year’s resolutions for employers

    To coincide with the publication of the High Pay Centre’s study into the gap between the median pay of top executives and that of the average UK worker, the ACCA...
  • 9 January 2017

    Dismal 2016 for retailers

    The December edition of the High Street Sales Tracker, which outlines the weekly sales changes of more than 70 mid market retailers with some 10,000 individual stores, indicates a fourth...
  • 9 January 2017

    Surprising 2016 leaves economists eating humble pie

    Speaking at an event organised by the Institute for Government, Andy Haldane, the Bank of England’s chief economist, expressed “surprise" at the performance of the UK, calling economists' failure to...
  • 10 January 2017

    Britain, the go to destination for luxury goods

    There's good news for Britain's luxury goods market as Rolls-Royce Motor Cars announces its second highest sales record in over a century, competitor Jaguar Land-Rover reports a rise in annual...
  • 10 January 2017

    SMEs plan to borrow £50 billion in 2017

    A recent poll by insurer Zurich of 1,000 small and medium sized businesses (SMEs) shows the average business that plans to borrow this year is expecting to draw out £41,770,...
  • 11 January 2017

    Consumer spending slowdown to impact retail industry

    Figures from the British Retail Consortium show that like for like sales increased one per cent year-on-year in December 2016, thanks to strong performance on the week before Christmas. The...
  • 11 January 2017

    £2 billion - The total value of reported fraud

    The recent Fraudtrack analysis report shows that fraud in 2016 hit a five-year high, increasing 31.5 per cent to £2 billion. Whilst the volume of cases fell, the total cost...
  • 11 January 2017

    Drop in sterling impacting UK's trade position

    The British Chamber of Commerce (BCC) says the sterling devaluation is doing little to help UK’s trade position. The ONS's UK trade Nov 2016 statistical bulletin announced today, which measures...
  • 12 January 2017

    Food suppliers at risk as supermarkets stand firm

    After City A.M.’s exclusive report of a rise in prices from Premier Foods (1), it has emerged that food suppliers are under pressure from supermarkets over who should take the...
  • 24 January 2017

    Fraud in the UK breaks £1 billion barrier

    The latest bi-annual Fraud Barometer shows the value of alleged fraud in the UK surpassed the £1 billion barrier in 2016 for the first time since 2011. According to the...
  • 25 January 2017

    SMEs concerned about rising costs

    The latest SME Confidence Tracker, which surveys over 1,000 of the UK’s small and medium sized businesses (SMEs) on a quarterly basis, shows more than a fifth (22 per cent)...
  • 3 February 2017

    UK rates hike stifling small businesses

    From April 2017, approximately 500,000 small firms will be hit by rises of up to 300 per cent in a single year, as a result of the government's plans to...
  • 7 February 2017

    Retail sales dip in January

    After a strong Christmas season, some retailers may be feeling disappointed about the slow start to 2017, with retail sales down 0.6 per cent on a like for like basis...
  • 9 February 2017

    Firms underinvesting due to lack of credit

    Research by the Bank of England (BoE) shows a fifth of firms are under-investing, because they cannot get the bank funding they need to expand. The BoE’s new survey, that...
  • 16 February 2017

    UK inflation highest since June 2014

    Latest figures from the Office for National Statistics (ONS) show that annual inflation as measured by the Consumer Prices Index reached 1.8 per cent last month, up from a rate...
  • 17 February 2017

    Spring Budget 2017

    On Wednesday 8 March 2017, the Chancellor of the Exchequer, Philip Hammond, will deliver his Spring Budget. This will be the last one to be held at this time of...
  • 7 March 2017

    Entrepreneurs unite against business rates rise

    Entrepreneurs and tech leaders have urged the Chancellor Philip Hammond to give small business startups a three-year exemption from business rates. The open letter, endorsed by 20 tech leaders and...
  • 7 March 2017

    Rising costs a key concern for UK SMEs

    The latest SME Confidence Tracker for the fourth quarter 2016 shows that UK SMEs consider rising costs as their biggest concern in 2017. More than a fifth (22 per cent)...
  • 14 March 2017

    UK ranks fourth in terms of private wealth

    The UK is the fourth richest nation in the world in terms of the private wealth held by its population, according to a new report. New World Wealth has estimated...
  • 31 March 2017

    Increase in credit card borrowing

    Figures released by the Bank of England have revealed that credit card borrowing has increased by 9.3 per cent in the year to February, the fastest rate of increase for...
  • 31 March 2017

    SMEs stressed about finances and banking

    According to a report from Nesta, the innovation charity, 40 per cent of British entrepreneurs have admitted that managing their finances and dealing with banks have become the most stressful...
  • 3 April 2017

    National Living Wage increases

    From Saturday, 1 April, the minimum pay for workers aged 25 and over rose by more than 4 per cent*. The National Living Wage increased from £7.20 to £7.50, meaning...
  • 3 April 2017

    Top tech firms in the North hit £1.9 billion revenue

    The winners have been announced for the annual Northern Tech Awards 2017, celebrating the ongoing expansion of the Northern digital economy, which continues to go from strength to strength. Data,...
  • 4 April 2017

    New £1 coin comes into circulation

    The new 12-sided £1 coin, described by the Treasury as "the most secure coin in the world", is now in circulation across the UK. Whilst the new coin will help...
  • 5 April 2017

    Retailers must adapt or die

    In a recent interview with City A.M., Theo Paphitis, the former Dragons’ Den star and head of three high street retailers including Ryman, Robert Dyas and Boux Avenue, slams UK...
  • 11 April 2017

    Many retailers could become insolvent this year

    Thousands of British retailers are at risk ahead of the triple-blow of tax hikes which will raise costs and dampen consumer spending. According to a recent study, nearly 23,000 retailers...
  • 13 April 2017

    Small businesses hampered by late payments

    52 per cent of Britain's smallest businesses are owed £44.6 billion in late payments between them. The survey by Zurich of more than 1,000 small-and-medium sized business owners (SMEs) found...
  • 18 April 2017

    UK high street enjoys increased Easter footfall

    The UK high streets benefited from the warm weather and weaker sterling, with better than expected footfall over the Easter weekend. According to Springboard, a leading provider of retail performance...
  • 18 April 2017

    Business confidence recovers despite surging costs

    Confidence amongst small firms has risen to the highest level in over a year despite spiralling business costs, according to the Federation of Small Businesses (FSB) Q1 2017 Small Business...
  • 4 May 2017

    Bank lending

    Yet again there are reports that the main clearing banks are not lending to small businesses which are now turning to the challenger banks and lenders such as PayPal. There...
  • 4 May 2017

    Are you on top of auto-enrolment?

    Recent research has shown that an increasing number of small businesses are missing the deadline for auto-enrolment. Of the companies that signed up in Q1 2017, a record number (46%)...
  • 7 October 2016

    Industrial output falls despite weaker pound

    UK industrial production fell in August by 0.4 per cent, partly due to a drop in oil and gas production. The Office for National Statistics (ONS) ‘UK index of production:...
  • 8 September 2016

    SMEs reluctant to access bank debt

    The latest SME Finance Monitor indicates a drop in small and medium sized businesses (SMEs) looking externally to raise finance. According to the quarterly research, 36 per cent of companies...
  • 7 September 2016

    British business boosted by R&D tax credits

    Research and development (R&D) tax credits have proved to be a major boost to British business, according to a recent study of nearly 250 business leaders. 39 per cent of...
  • 2 September 2016

    Smarter procurement could save UK SMEs billions

    Small and medium-sized businesses (SMEs) could save six per cent of their combined annual turnover1, that’s according to newly published research from Tungsten Network. The study of 1,000 business decision makers...
  • 1 September 2016

    Entrepreneurs receive £250m in startup loans

    According to Business and Energy Secretary, Greg Clark, entrepreneurs across the country have been given £250m worth of startup loans. The loans, funded by the British Business Bank, generate a...
  • 25 August 2016

    SME Advice: How to increase profits

    In business, the profit is your reward for all the hard work you have put in, and it is the key indicator of your business' success. Profit fuels growth, provides...
  • 25 August 2016

    Credit card lending on the rise

    British shoppers seem unfazed by Brexit, with 168 million transactions taking place via credit cards in the month of July, well exceeding the monthly average recorded over the past six...
  • 23 August 2016

    SMEs hit by contractual issues and bad debt

    Unclear and inflexible supplier contracts have cost SMEs £4 billion in the past three years. The survey, published by the Federation of Small Businesses (FSB), showed that 2.8 million small...
  • 23 August 2016

    Further inflation rises predicted

    The Consumer Prices Index (CPI) rose by 0.6 per cent in the year to July 2016, up from 0.5 per cent in June. According to the British Chambers of Commerce...
  • 22 August 2016

    SMEs expect costs to rise post-Brexit

    A recent survey of 566 UK SMEs has shown that 48 per cent of respondents believe that their business costs will rise in the wake of the vote to leave...
  • 17 August 2016

    Weaker sterling pushing up consumer prices

    The latest Office of National Statistics figures show that inflation is now at 20 month high, with the weaker sterling pushing up consumer prices by 0.6 per cent over the...
  • 12 August 2016

    July sees boost to retail industry sales

    Retail sales rebounded significantly in July, indicating the strongest performance since January. The survey findings, published by the British Retail Consortium, showed a rise of 1.9 per cent in July,...
  • 12 August 2016

    Small businesses outside of London more resilient

    A recent report has shown that small firms based outside of London survive longer, showing they are more resilient to economic instability. The research, published by eBay, shows that fewer...
  • 10 August 2016

    London retail property set for record year

    According to industry experts, overseas buyers are set to spend over £2bn on London retail property this year. The report, published by commercial real estate services firm CBRE, shows that...
  • 5 August 2016

    Mixed reaction to interest rate cuts

    As suspected, the Bank of England has cut interest rates to a record low of 0.25%. This move has been met with mixed reactions from UK business leaders. The National...
  • 3 August 2016

    Interest rate cuts bad news for savers

    With interest rates set to be cut for the first time in seven years later today by the Bank of England, many holding cash will be left with very little return...
  • 2 August 2016

    Pension schemes: protect your lifetime allowance

    The government has introduced lifetime caps on the amount an individual can tax-efficiently save in a pension pot.  The standard lifetime allowance - the amount a person can build up...
  • 18 July 2016

    Fifth of SMEs miss auto-enrolment staging date

    NOW: Pensions data shows that over a fifth of SMEs have missed their auto-enrolment staging date in Q2 2016, despite the fact that the fines for non-compliance are steep. If...
  • 21 June 2016

    UK startups being hit by unplanned expenses

    A recent article in smallbusiness.co.uk highlights the fact that UK entrepreneurs are finding that they're being stung by unexpected expenses which are hampering growth. According to research, startups underestimate expenses...
  • 16 June 2016

    Can cash beat shares?

    This is Money Research from Moneyfacts seems to imply that savers aiming to get the best returns should abandon the stock market in favour of a simple cash bond. Investors...
  • 17 May 2016

    Is it time to outsource your payroll function?

    Since the introduction of the National Minimum Wage in 1999, businesses have also had to cope with Real Time Information and the significant changes required by Auto Enrolment. From April...
  • 17 March 2016

    UK Budget 2016

    Budget March 2016 – Highlights in Brief On 16 March 2016, the Chancellor, George Osborne, delivered his Budget statement to the House of Commons. The Budget contained some important announcements...