Small and medium-sized UK manufacturers expect no growth in demand and output over the coming quarter, and are reappraising their business plans as a result. This was the message from the CBI last week, based […]
The Bank of England (BoE) last week lowered the UK’s economic growth forecast to 1.5%, and signalled that an early rise in interest rates was off the agenda. Speaking at a press conference after the […]
FSB welcomes the government’s flexibility on late payment and insurance claims Businesses damaged in last week’s riots will be able to seek compensation under the Riot Damages Act, prime minister David Cameron said last week. […]
Banks are inherently monopolistic, says business secretary Vince Cable. Britain’s banking system needs an injection of genuine competition to end a “rip-off culture” ingrained in the existing market, Cable said last week. He accused “monopolistic” […]
Small businesses are spending more time and £16.8bn every year complying with government regulations, according to research from the Forum of Private Business. Over two-thirds (67%) of respondents to the Forum’s survey said they were […]
One-off factors have affected the figure, the ONS has said UK Bus Awards presenter Stephanie Flanders has said UK economy growth figures out last week, were far below ideal but not disappointing due to low […]
UK unemployment fell 26,000 in the three months to May to 2.45 million, official figures show. The unemployment rate was 7.7%, according to the Office for National Statistics (ONS), down from 7.8% in the previous […]
Treat small businesses like domestic users, says FSB Small businesses must be protected by electricity market safeguards to prevent energy bills from escalating further, as small firms have said they are concerned about the rising […]
Nearly a third of smaller British businesses trading internationally have said the UK economic situation has worsened over the last six months, to the detriment of their business. This is the message from the latest […]
The British Chambers of Commerce (BCC) has urged government to encourage the UK’s sole traders to take on their first employee by exempting them from burdensome employment legislation. A BCC report issued last week and […]
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