New research from the Federation of Small Businesses (FSB) found small firms are meeting the challenge posed by the new National Living Wage (NLW) with the majority (59%) absorbing the costs by taking lower profits. Following the introduction of the new wage in April 2016, small businesses have demonstrated their […]
Archive for September, 2016
Businesses with assets seized increases 145 percent
The number of businesses that have had assets seized by HMRC has more than doubled in the past year, according to a recent study. A finance matchmaker, found that businesses who had assets seized to settle outstanding debts increased from 649 for the year ending March 2015, to 1,592 for […]
Businesses with assets seized increases 145 percent
The number of businesses that have had assets seized by HMRC has more than doubled in the past year, according to a recent study. A finance matchmaker, found that businesses who had assets seized to settle outstanding debts increased from 649 for the year ending March 2015, to 1,592 for […]
Small Businesses Stretch To Meet The Living Wage Challenge
New research from the Federation of Small Businesses (FSB) found small firms are meeting the challenge posed by the new National Living Wage (NLW) with the majority (59%) absorbing the costs by taking lower profits. Following the introduction of the new wage in April 2016, small businesses have demonstrated their […]
Brexit creates “fragile economic climate” for insolvency levels
Next year is forecast to have the weakest performance, in terms of decreasing corporate insolvencies, in advanced markets since 2009. The trade credit insurer Atradius has published an economic report citing how Brexit has already been a catalyst for negativity across global economies. Looking forward to the rest of this […]
Brexit: Business confidence at four-year low following vote to leave EU
The outlook for demand, employment and investment has weakened across all sectors according to a new report Business confidence has been dragged to a four-year low amid rising concerns over economic uncertainty and a slowdown in demand following the EU referendum result. Expectations that sales, orders and profits will grow […]
Brexit: Business confidence at four-year low following vote to leave EU
The outlook for demand, employment and investment has weakened across all sectors according to a new report Business confidence has been dragged to a four-year low amid rising concerns over economic uncertainty and a slowdown in demand following the EU referendum result. Expectations that sales, orders and profits will grow […]
Brexit creates “fragile economic climate” for insolvency levels
Next year is forecast to have the weakest performance, in terms of decreasing corporate insolvencies, in advanced markets since 2009. The trade credit insurer Atradius has published an economic report citing how Brexit has already been a catalyst for negativity across global economies. Looking forward to the rest of this […]
Entrepreneurs are leading the way for job growth in Yorkshire and the Humber
Entrepreneurs provide a boost to job creation across Yorkshire and the Humber, according to new figures released by the NatWest Regional Economic Tracker. The NatWest Regional Economic Tracker monitors employment levels in 11 regions across the UK showing where the fastest job growth has occurred on a quarterly basis. The […]
Senior company bosses could be prosecuted for fraud committed by staff in new crackdown
Current law makes it practically impossible to hold corporate boards to account for corporate misconduct, experts say. Senior corporate executives could be prosecuted for offences including fraud and money laundering carried out by staff under an expansion of laws targeting so-called white-collar crime. Attorney General Jeremy Wright said the Government is […]