Latest News

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Startups 100 list reveals the UK's most exciting new companies
The 'Startups 100' list was announced last week, identifying the country's most innovative, inspiring and ground-breaking new businesses. [September 1, 2010]

Small companies reap benefits of social networking
A worldwide study of 15,000 businesses shows that small companies have been much more successful at harnessing the power of social networking sites than their larger rivals. [August 5, 2010]

Company directors warned over taking illegal dividends
A growing number of company directors are declaring illegal dividends or loans, according to a leading accountancy firm. [August 4, 2010]

One in three graduates plan to work for themselves
New research suggests that the lack of traditional opportunities available to university leavers has led to a significant proportion of graduates planning to go it alone. [July 29, 2010]

Business angels use gut instinct when choosing investments
New research has shown that Angels Investors (high net worth individuals who invest money and knowledge into companies who require funding) mainly follow their intuition ahead of financial calculations when deciding whether to invest in a company. [July 26, 2010]

Small business confidence "still fragile"
A recent survey suggests that business confidence has declined over the second quarter of 2010, suggesting that the recovery remains fragile and more efforts should be made to encourage private sector growth. [July 23, 2010]

Limited company formations rise following two year slump
The number of new companies has started to rise again following two years of steep falls caused by the banking crisis, according to a Top 25 accountancy firm. [July 13, 2010]

Number of business insolvencies down over 10%
The latest PwC analysis into corporate insolvency numbers shows that the effect of the downturn on UK business is showing more signs of easing. 3,467 companies became insolvent in the second quarter of 2010. [July 7, 2010]

Vince Cable heads up new committee to slash red tape for small businesses
Vince Cable has chaired the first meeting of a new tough Cabinet committee, tasked with the job of slashing the amount of red tape small businesses have to deal with. [July 5, 2010]

Small businesses warned to expect public sector contract cuts
Companies who have contracts with the public sector are being urged by the ICAEW to prepare for possible cuts. Includes a contract review checklist for small companies who may be affected. [June 7, 2010]

Most entrepreneurs expect to increase number of employees in 2010
New research has revealed the important role Britain’s leading entrepreneurs will play in helping to offset the inevitable job losses which will take place in the public sector over the next few years. [May 21, 2010]

Coalition unveils plans to cut red tape and encourage small businesses
The new coalition government has unveiled a more comprehensive summary of its "programme for government", which contains many plans which could benefit the UK's small businesses. [May 20, 2010]

Cutting the UK's budget deficit the key priority for small business owners
Two major surveys show that small businesses are overwhelmingly in favour of making tackling the UK's budget deficit the key priority for the new government. [May 19, 2010]

Entrepreneurs 'pessimistic' about the outlook for businesses in 2010
The UK’s entrepreneurs are pessimistic about the business outlook for 2010, and scathing of the Government’s efforts to drive small business growth, according to a new study. [May 7, 2010]

Most small companies think UK tax system is too complex
The vast majority of the UK's small companies feel that the current tax system it too complex, and would like to see it simplified, according to a major survey of over 2,000 business owners. [May 4, 2010]

Most people none the wiser about party tax policies ahead of election
Although 43% of UK citizens believe that tax will play the biggest role in the upcoming general election, over 80% feel they have little or no real understanding of the main parties' tax policies. [April 27, 2010]

Most small companies not planning for post-recession recovery
Research from The Open University Business School has revealed that only one in nine small firms are implementing post-recession recovery plans. These firms are also the most optimistic about their immediate prospects. [April 15, 2010]

Larger 'Time to Pay' agreements will cost on average £42,500 says accountant
The average cost for the Independent Business Review needed for larger “time to pay” agreements is estimated to be £42,500, according to a leading accountancy firm. [April 9, 2010]

Entrepreneurs have spent £16bn of personal savings to get through recession
According to new research, entrepreneurs have pumped a staggered £16bn of their own savings to help their businesses through the last year - coining the phrase 'piggybank recession'. [March 30, 2010]

New NHS advice line for small businesses goes national
A free phone NHS helpline for small businesses has been extended nationwide, providing occupational advice to help with employee health issues. [March 29, 2010]

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