During the coming year, UK small and medium enterprises have expressed an intention to increase investment to more than (more…)
Call for British business bank to support businesses
October 23, 2012
As banks appear low on the list of potential sources for business funding, recent research supports the (more…)
Report demonstrates importance of small businesses
September 29, 2012
A report by the Federation of Small Businesses has demonstrated the importance of small businesses to the (more…)
SMEs pledge no redundancies for 2012
September 5, 2012
According to recent research, most of the UK SMEs surveyed do not intend to make any redundancies during 2012. The research carried out by (more…)
UK retail sales down in July
August 14, 2012
According to a survey conducted by accountants BDO, retail sales for July had dropped by 2.9 per cent in comparison to 2011. The slump in (more…)
Leading business group forecast growth for end of 2012
May 10, 2012
The Confederation of British Industry has forecast an improvement of the economy for the last six months of 2012. The growth forecast for 2012 by the CBI was reduced from 0.9 percent to 0.6 percent as the first quarter of 2012 saw the economy fall back into recession. However, the business group, which is a representative of more than 240,000 companies in the UK, believe that (more…)
Economy would gain £19bn by scrapping bank holidays
April 20, 2012
According to the Centre for Economics and Business Research, bank holidays cost the UK economy £19 billion a year, with each individual bank holiday costing the economy £2.3 billion. The CEBR believe that the close proximity of some bank holidays reduces momentum of businesses and ultimately a reduction in output. (more…)
Survey reveals online retailers are leading the way to recovery
April 18, 2012
Retailers with an online presence are outperforming high street stores which rely on footfall, according to a recent survey by BDO, an accountancy and business advisory company. The new BDO report uses data from the published accounts of the largest companies in the Top 150 for Yorkshire to produce a report of the region’s economic health. The Yorkshire Report 2012 is based on revenue of companies. (more…)
Controversy as National Minimum Wage set to rise for adults
March 22, 2012
A recent announcement by the Business Secretary states that the National Minimum Wage for adults aged 21 years and over is to increase by 11p per hour from 1st October 2012. The increase will push the adult minimum wage to £6.19 per hour. However, rates for youths aged between 16 and 20 years old will remain at their current rate. Apprentices will be given 5p per hour, raising the hourly rate to £2.65. (more…)
UK businesses paying for criminal damage
February 22, 2012
According to recently released research, the cost of anti-social behaviour and criminal damage to UK businesses amounts to an overwhelming £9.8 billion per annum. The issue continues to cost businesses huge amounts of money every year as the problem escalates. (more…)





