The APPG’s (All-Party Parliamentary Group) chair for Gambling Related Harm, Carolyn Harris, has recently called for further reform of the Gambling Act 2005, and the UK Gambling Commission, to help improve the protection of vulnerable people from the industry. (more…)
A credit score is a reflection of a person’s or business’ creditworthiness.
As a general rule, the higher your credit score, the more trustworthy you are to lenders. But does your personal credit rating affect your business credit score? (more…)
Savvy business owners are always looking to keep their costs down by ensuring they get the best deal possible. Savings made on everything from stationery to electricity can add up over the year and allow spare cash to be invested in areas that can really make a difference to the business.
But where in the UK are the savviest business owners? (more…)
When you are running a business, it can often feel as though your margins are being squeezed year after year.
Seeing the costs of your supplies, subscriptions and other essentials rising while the prices you charge are being forced down is an understandable cause for frustration. (more…)
In the latest results from the Which? annual survey of the ‘best and worst energy suppliers’ survey, smaller suppliers come out well on top, while the Big Six languish at the foot of the table.
But, given the recent spate of small energy suppliers going to the wall, is it safe to switch to a supplier outside of the Big Six? (more…)
Remortgaging is a popular way to save money on your mortgage – with lower rates available to those that switch. Introductory rates are often available for the first few years of your mortgage deal, but once you get to year 3 or 5, the standard variable rate (SVR) kicks in. (more…)
The highly controversial payday loans industry is under further criticism, but this time it is not towards the lenders, but the claims companies.
With the window to claim for PPI coming to a close in August this year, many claims providers are turning their attention to the potentially lucrative mis-sold payday loans industry. (more…)
Businesses are responsible for more than half of the UK’s energy consumption, so it’s important every business looks to reduce the energy it uses and considers using renewable sources for its energy needs. (more…)
New analysis of data from over 3 million SMEs up and down the country has revealed the areas of the UK where late payment is at its worst.
121 areas of the UK were scored and ranked based on how quickly businesses pay their invoices, highlighting which regions are the highest and lowest risk for freelancers and small businesses when it comes to getting paid on time. (more…)
When it comes to starting up a business, London has itself a new rival. With more and more entrepreneurial spirits being drawn to the North, cities such as Manchester, Leeds and Sheffield have developed strong technology cultures, making them popular locations for tech start-ups. (more…)
Make It Cheaper, the business energy switching service, is urging UK business owners to switch to a better business energy deal and lock prices in for as long as possible, as energy prices could soar when the UK leaves the EU. (more…)
ByteStart is delighted to announce the launch of a new service to help businesses cut their energy costs.
Created in conjunction with the UK’s leading business energy price comparison service, Make It Cheaper, the partnership gives you access to brilliant value business energy, broadband and phone deals. (more…)
With the average UK household spending between £500 to £800 on Christmas this year, around 20% will consider some form of borrowing to tide them over the holidays. (more…)
New research reveals that companies who take their insurers to court over non-payment of an insurance claim only win in around one in three cases. (more…)
Pre-paid funeral plans are set to be met with much stricter regulation, it has emerged. The funeral plan industry has been brought to the attention of the UK Government which plans to deal with bad practice in the sector. (more…)
High street betting stores are expected to ‘lose jobs’ over the recent crackdown in fixed odds betting machines (FOBTs). New rules coming into place in April 2019 will see the maximum stake changed from £100 to just £2, something that is expected to impact the profits and business of high street bookmakers such as Ladbrokes, William Hill and Coral. (more…)
With the PPI deadline looming on the horizon, a number of eligible claimants may still be wondering whether or not they are truly entitled to compensation.
On Monday 29 October, Philip Hammond delivered his second Autumn Budget. With stronger tax receipts driving better than expected Government borrowing figures, the Autumn 2018 Budget was more generous than most observers expected. So much so, that the Office for Budget Responsibility (OBR) calculates these spending promises to be the biggest Budget giveaway since the independent body was set up in 2010.
However, with the possibility of the UK leaving the EU without a trade deal hanging over the country, the Chancellor did say that he will consider a Spring 2019 Budget should there be a no-deal Brexit.
To help you quickly grasp the major changes, we’ve worked with HFM Tax to bring you a summary of the key points from the Autumn Budget 2018 likely to affect small business owners and self-employed people; (more…)
Small Business Minister Andrew Griffiths unveils a new £8m Business Basics Fund in a speech to the CBI today.
The Business Basics Fund aims to boost the productivity and performance of small businesses in England. (more…)
The logistics industry is heavily influenced by customers, and frankly delivery companies would not be able to operate without their consumers.
With, the growth in ecommerce and the increasing demands from consumers for ever-faster delivery options, the logistics industry is being forced to adapt to meet this shift in expectations. (more…)
New research finds the UK’s SMEs are optimistic about the global economy and their role in it – and indicates that they are going ‘back to basics’ to unlock ambitious growth over the next 12 months.
The study also suggests that Britain’s SMEs could be ripe for international expansion. (more…)
On Wednesday 22 November, Philip Hammond delivered the UK’s first Autumn Budget for 21 years.
Constrained by high borrowings, falling growth forecasts, poor productivity, the uncertainty of Brexit and a very slim Government majority the Chancellor wasn’t in a position to announce too many radical changes.
They might not grab the headlines but there are changes small businesses need to be aware. Here, we’ve worked with HFM Tax to bring you a summary of the key points from the Autumn Budget 2017 likely to directly affect small business owners; (more…)
This article has been provided by fastgardener the new garden maintenance service.
A new British start-up connecting businesses and homeowners in the UK with professional gardeners is turning to crowdfunding to get the necessary capital to grow. (more…)
With Global Entrepreneurship Week in full-swing, businesses are being urged to submit their entries for the 2016 Shell Springboard Program before the deadline for applications closes on Friday 20th, November.
The Shell Springboard Program offers funding awards of up to £150,000 to small enterprises with innovative, commercially viable business ideas that reduce carbon emissions and help in the move to a lower carbon economy.
Successful applicants will also enjoy the benefits of networking with the key players in the low-carbon sector and exciting publicity opportunities.
UK graduates interested in freelancing or self-employment feel their university should have done more to support them, according to a new study by business insurance broker PolicyBee.
The study, which surveyed just over 1,000 recent graduates, found that 62% of graduates said freelancing or self-employment was not discussed at all by their university’s career department. (more…)
Nearly a third of workers have admitted using drugs at work, and virtually every employee say they’ve been drunk in the workplace.
Are you a young entrepreneur, or do you think you have the potential to run a growing business?
If so, the New Entrepreneurs Foundation’s (NEF) annual Enterprise Programme could be the stepping stone you need, to turn your dreams into reality.
The 12-month programme, which starts in September, is the only one of its kind in the UK, and gives aspiring business owners a great head-start in their new venture.
Designed to teach young people the ropes of becoming a successful entrepreneur, the programme aims to give young talent the skills, experience and contacts needed to succeed in business.
And the NEF, which has already helped 100 young men and women through the programme, is now calling on the UK’s bright minds and aspiring entrepreneurs to apply to be one this year’s intake. (more…)
Entrepreneur and psychotherapeutic executive coach, Bec Howard is giving 10 women leaders and entrepreneurs the chance to take part in her research study, “Therapy in the boardroom”.
As part of the research, the successful applicants will receive two, 3 hour one-to-one psychotherapeutic coaching sessions over the course of three months.
Any woman in business, anywhere in the country, who is serious about unlocking their own potential to accelerate her business growth or career can apply.
HMRC are running a series of live webinars to help those that are new to, or considering; going self employed, starting a business, employing staff or becoming a limited company director.
Each webinar covers a distinct topic and will help you to understand the legal implications and the responsibilities involved with the steps you are considering. You can also submit questions to the presenter during a webinar.
The webinars that will be of interest to new business start-ups, both sole traders and limited company directors, and those thinking of employing staff for the first time are detailed here; (more…)
Vince Cable has launched the first phase of lending by the New Business Bank by announcing an initial £300m injection of public funds into the project, which will be combined with private investment.
The Chancellor delivered his 4th Budget speech at 12.30 today. Here is a summary of the key points announced, with particular reference to the changes which affect small businesses.
The number of businesses seeking funding via the Enterprise Investment Scheme has jumped by almost 50% over the past year. Experts believe the number will climb further due to the recent relaxation of the EIS eligibility rules.
Data released by the Office of National Statistics this week shows that the total number of self-employed has reached an all-time high of 4.2 million, with almost 370,000 extra people working for themselves since the economic downturn started in 2008.
Small businesses with outstanding tax liabilities are being warned that HMRC has doubled the use of its ‘power of distraint’, which allows its staff to make unannounced visits to firms’ premises in order to recover unpaid taxes.
Every business needs insurance of some kind or another and many businesses have a multitude of different and complex insurance policies. But insurers have an unfair advantage when it comes to claiming against a policy.