HMRC winding up petitions reach four year high

According to the latest official figures, the number of companies that were wound up last year following intervention from HM Revenue & Customs (HMRC) reached the highest level for four years.Continue reading→

SME Health Check shows positive signs in the third-quarter of 2019

The latest small and medium-sized enterprise (SME) Health Check Index has shown recovery from the second quarter of 2019, with business confidence increasing.Continue reading→

Government confirms business rates Retail Discount extension

High street businesses have been given a new lifeline after the business rates Retail Discount extension was reintroduced to Parliament this week.Continue reading→

Businesses urge Government to negotiate post Brexit trade deals

Businesses are urging Prime Minister Boris Johnson to begin negotiations on the terms of the UK’s future relationships with the European Union (EU) after Brexit.Continue reading→

Overspending at Christmas is causing people to get into debt

According to the latest research, 30 per cent of people in the UK get into debt every year due to overspending at Christmas.Continue reading→

Small Business Saturday generates “almost £1 billion” for local firms

Almost £1 billion is expected to have been spent with small firms last week on Small Business Saturday.Continue reading→

A quarter of SMEs fear they will go bust within five years

According to research from accounting software platform Xero, a quarter of small business owners believe their company will go bust within the next five years.Continue reading→

Consumers set to spend £4.4 billion with small businesses this Christmas

According to the latest research, British consumers are set to spend £4.4 billion with small businesses this Christmas.Continue reading→

Late payments are significantly affecting UK SMEs

According to MarketFinance Business Insights, late payments to UK small and medium-sized enterprises (SMEs) have nearly doubled from 12 days in 2018 to 23 days in 2019.Continue reading→

One in three small business owners “prioritise work-life balance”, study reveals

More than 33 per cent of entrepreneurs see “cutting down work hours” as a major priority, a new study has revealed.Continue reading→

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