A quarter of small businesses are failing to choose the most suitable mobile communications provider for their needs because mobile technology is too "confusing". According to new research from T-Mobile UK and YouGov, 36 per cent of SME managers responsible for mobile communications believe that their current mobile service provider is too expensive.However, a third […]
Posted on 22nd March 2007 in Tech.
Small and medium sized enterprises (SMEs) will be badly hit by the chancellor’s decision to increase the small business rate, experts have warned. The small business rate will rise from 18 per cent to 20 per cent as of April 1st 2007 – meaning small firms will have to pay an additional £820 million per […]
Posted on 22nd March 2007 in City News.
The chancellor is not expected to reduce the rate of corporation tax in this year’s Budget. Business advisory service Grant Thornton has issued the warning in the run up to what will likely be Gordon Brown’s last Budget, despite the current rate affecting competitiveness within UK business. International tax partner at Grant Thornton, Heather Self, […]
Posted on 21st March 2007 in City News.
Small retailers in Wales are being "killed" by their larger competitors, according to the Federation for Small Business (FSB).The FSB argues that chain retailers can currently assess planned development without considering the impact of new projects on their smaller counterparts, icWales reports. It is calling for local Welsh authorities to accommodate independent retailers by forcing […]
Posted on 21st March 2007 .
Workers in the construction industry falsely claiming to be self employed are costing the treasury £2.5 billion in tax a year, the Times newspaper reports. According to construction union Ucatt, 40 per cent of the UK’s 2.2 million building workers are incorrectly registered as self-employed, meaning they are not paying enough in national insurance contributions. […]
Posted on 20th March 2007 in General business.
Start-up businesses could receive up to £250,000 as part of a new investment project. Launched by The National Endowment for Science Technology and the Arts (Nesta), the funding project aims to provide start-ups with £50 million worth of funding. Nesta will run the scheme for five years, offering £10 million annually alongside business advice and […]
Posted on 20th March 2007 in City News.
Small and medium-sized enterprises (SMEs) from the Surrey area are set to benefit from a new financial advisory scheme, yourlocalguardian.co.uk reports.The SME Funding Adviser scheme is aimed at giving small firms greater access and a wider choice of financial advisers throughout the UK.Accountancy firms can register the specialist areas of their practices in an online […]
Posted on 19th March 2007 in City News.
Fraudulent employee activity in the UK is causing a cumulative yearly loss of more than £50 million for business, personneltoday.com reports.Protiviti, the independent risk consultancy firm, has revealed that theft from employers was admitted to by over 3 million workers (one in ten).Sean Holohan, director of Protiviti, commented: "Most fraud in the UK goes unreported […]
Posted on 17th March 2007 in City News.
Nearly 50 per cent of UK businesses are spending up to 14 hours a week dealing with health and safety regulations, new research has revealed. Figures from the Forum of Private Business (FPB) show that 47 per cent of firms spend more than seven hours a week making sense of alterations to legislation and then […]
Posted on 17th March 2007 in Regional News.
UK businesses are becoming increasingly aware of the importance of being eco-friendly, according to new research. A report by PricewaterhouseCoopers (PWC) has revealed that employees of almost 40 per cent of firms are being encouraged to use public transport – and there has been a notably drop in the number of companies prepared to provide […]
Posted on 16th March 2007 in Regional News.
Small and medium sized enterprises (SMEs) across Bath and Wiltshire are being offered the chance to partake in business breakfasts, thisisbath.co.uk reports. Run by the Bath branch of the Federation of Small Business (FSB), the programme will provide participants with breakfast and the opportunity to take part in speed-networking session lasting one hour. There will […]
Posted on 16th March 2007 in General business.
Businesses are finding it increasingly difficult to employ workers with the appropriate skills, new research has revealed. The British Chambers of Commerce (BCC) suggests that 55 per cent of employers believe the "skills gap" in the UK has progressively worsened over the last five years.Louise Potter, the BCC policy advisor for UK Skills told businesslink4london: […]
Posted on 16th March 2007 in Regional News.