Lending under the Government’s flagship small business lending scheme, the Enterprise Finance Guarantee scheme has fallen by a further 31% in the last three months
The latest Insolvency Index from Experian, the global information services company, reveals a positive picture in January, with the number of business failures down by more than 10 per cent compared to January 2010.
Employers are seeing their legal bills soar as laid-off workers take them to court to dispute the size of redundancy settlements, says EMW, the commercial law firm.
Retailers Against VAT Avoidance Schemes (RAVAS) today added their voice to the Forum for Private Business in calling upon the government to follow up fine words with concrete and meaningful action to stop a massive tax avoidance scheme that is costing the Treasury a nine-figure annual sum and wreaking havoc on UK retailers.
The Forum of Private Business is refuting a claim that closing the controversial Low Value Consignment Relief (LVCR) VAT loophole would hit small firms hardest.
HMRC to spot-check record keeping by entrepreneurs and SMEs - comprehensive programme of business record checks covering VAT, PAYE, NIC, corporation tax and other taxes to be introduced.
iomart Group, the cloud computing and managed hosting services company, today announced continued strong demand for its IT outsourcing services. Together with the recent entry of accountancy software producer Sage into the cloud, it looks as though new areas of business are taking note of the cloud as an important area for expansion, with business clients recognising the great advantages its mobility and accessibility can bring.
Economic stability to give small businesses the confidence to grow should be the main message when the Chancellor delivers his Budget on 23 March, according to the Federation of Small Businesses (FSB).
The Federation of Small Businesses (FSB) is concerned an HM Revenue and Customs (HMRC) consultation which closes on Monday, that could lead to implementation of spot checks on company records, will be used purely as a revenue raising exercise.
HSBC today announced its Annual Results for 2010, revealing pre-tax profits of £11.7 billion, more than doubling last year's total. The bank also saw a return to profitability in every customer group and region for the first time since 2006.