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October 28, 2011
Regulatory bodies shouldn’t “breathe down the neck of small firms”, says Clegg
Small firms should be subjected to no more than two inspections a year by regulatory bodies in order to cut red tape, deputy Prime Minister Nick Clegg has announced.
October 28, 2011
Banks should be bribed to boost lending to small businesses, says King
Banks should be given financial incentives to boost lending to cash-strapped small businesses, according to Bank of England (BoE) governor Sir Mervyn King.
October 28, 2011
Credit ratings for businesses “a lottery”, investigation finds
The credit ratings and limits offered by three leading agencies are so different from each other that getting an accurate credit score is a lottery for businesses, an investigation by accountants Shelley Stock Hutter LLP has found, writes Simon Wicks.
October 28, 2011
Smallest businesses lead the way in timely payments
Micro businesses are settling their bills more quickly than big firms, new research from credit agency Experian has highlighted.
October 28, 2011
Growth at risk as small firms hoard cash
Almost two-thirds of small firms are hoarding cash rather than investing in growth because of fears over future financial difficulties, new research from Venture Finance has suggested.
October 25, 2011
Small firms losing confidence in economic recovery, says FSB
Confidence among small businesses dropped sharply in the third quarter of this year, research by the Federation of Small Businesses (FSB).
October 25, 2011
Don’t miss out on NIC holiday, says HMRC
Start-ups outside London, the south east and the east of England are exempt from paying employers’ National Insurance Contributions (NICs) for the first ten recruits they hire, HM Revenue & Customs (HMRC) has reminded new businesses.
October 25, 2011
Staff want more pensions advice at work
More than half of employees would like guidance on pensions at work, research by MetLife Assurance has found.
October 25, 2011
Win a year’s mentoring with Dragon Deborah Meaden
Small-business owners with ambitious development plans can win a year’s free mentoring with Dragons’ Den star Deborah Meaden, following the launch of the Local Business Accelerators competition.
October 21, 2011
One in three consumers would walk away after one bad experience
A third of consumers would not give a firm a second chance after a single bad experience, a survey by accountancy software company Sage UK has found, writes Simon Wicks.
October 21, 2011
North east most enterprising region, survey finds
Small businesses in the north east are top of the table for recent performance and optimism, according to a new survey by Barclays Bank – while those in the south east are seeing confidence slipping, writes Simon Wicks.
October 21, 2011
Three-quarters of small firms dismissing staff unfairly
Three-quarters of small businesses have admitted to dismissing an employee unfairly, research by business advisory firm Peninsula has highlighted.
October 21, 2011
Innovative firms offered £50k prize
Innovative businesses looking to expand or develop new products or services are being given the chance to win £50,000, following the launch of HSBC’s Business Growth Grants competition.
October 18, 2011
Free online patent inspection service launched
Businesses can check the status of their patent applications for free online, following the launch of a new service by the Intellectual Property Office (IPO).
October 18, 2011
100,000 more small companies to be exempt from audits
An extra 100,000 small businesses could become exempt from completing an annual audit, under Government proposals to reduce financial reporting obligations.
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