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. HSBC has rushed to head off complaints from small businesses that found the bank had frozen or closed down their accounts as part of a crackdown on financial crime. ... [Read full article on Guardian ]
Sunday 3rd of September 2017 06:47:51 PM
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....The report argues the Bank of Ireland lacks the ability to invest substantially in the Post Office. That has prevented the firm from establishing small business lending, while it’s also struggled to roll out current accounts, Lukac said. ... [Read full article on Guardian ]
Wednesday 6th of September 2017 11:01:44 PM
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....Television presenter Noel Edmonds says deep-pocketed investors are willing to bankroll his £300m compensation battle with Lloyds Banking Group. Edmonds’ legal claim stems from the fraud scandal at the bank’s HBOS Reading arm which affected more than 60 small business owners. ... [Read full article on Guardian ]
Sunday 10th of September 2017 03:27:19 PM
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. The City regulator is at loggerheads with MPs after refusing to publish a report it commissioned into the way Royal Bank of Scotland treated small business customers. ... [Read full article on Guardian ]
Thursday 14th of September 2017 11:01:17 PM
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....”. Allegations about the treatment of small businesses in the GRG unit first surfaced in 2013 when Lawrence Tomlinson, a businessman who was an adviser to the then business secretary, Vince Cable, compiled a dossier alleging the bank deliberately wrecked small businesses to make profits. ... [Read full article on Guardian ]
Wednesday 6th of September 2017 11:01:44 PM
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....Scalpers are facilitated by bots that rapidly buy up tickets in bulk, then flip them on resale sites at inflated prices. The UK and US have both recently passed laws to stop the use of bots, and small business minister Michael McCormack has indicating Australia may follow suit. ... [Read full article on Guardian ]
Monday 28th of August 2017 03:29:30 AM
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.... “The competition review of the planned merger with Tesco is progressing. We continue to help our retail, catering and small business customers prosper through improving our choice, prices and service. ... [Read full article on Guardian ]
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Latest Finance News related to Small Business

FCA refuses to publish report on RBS and small business customers image
Source : Guardian [Read Article] Thursday 14th of September 2017 11:01:17 PM
. The City regulator is at loggerheads with MPs after refusing to publish a report it commissioned into the way Royal Bank of Scotland treated small business customers. ...
New cigarette rules have led to slump in sales, says Londis owner image
Source : Guardian [Read Article] Thursday 14th of September 2017 10:03:54 AM
.... “The competition review of the planned merger with Tesco is progressing. We continue to help our retail, catering and small business customers prosper through improving our choice, prices and service. ...
Noel Edmonds says litigation funder will bankroll his £300m battle with Lloyds image
....Television presenter Noel Edmonds says deep-pocketed investors are willing to bankroll his £300m compensation battle with Lloyds Banking Group. Edmonds’ legal claim stems from the fraud scandal at the bank’s HBOS Reading arm which affected more than 60 small business owners. ...
Government should cut Bank of Ireland out of Post Office bank, says report image
Source : Guardian [Read Article] Wednesday 6th of September 2017 11:01:44 PM
....The report argues the Bank of Ireland lacks the ability to invest substantially in the Post Office. That has prevented the firm from establishing small business lending, while it’s also struggled to roll out current accounts, Lukac said. ...
Publish leaked RBS report, MPs tell FCA image
Source : Guardian [Read Article] Wednesday 6th of September 2017 11:01:44 PM
....”. Allegations about the treatment of small businesses in the GRG unit first surfaced in 2013 when Lawrence Tomlinson, a businessman who was an adviser to the then business secretary, Vince Cable, compiled a dossier alleging the bank deliberately wrecked small businesses to make profits. ...
HSBC heads off complaints over small business account closures image
Source : Guardian [Read Article] Sunday 3rd of September 2017 06:47:51 PM
. HSBC has rushed to head off complaints from small businesses that found the bank had frozen or closed down their accounts as part of a crackdown on financial crime. ...
How can small businesses beat the Brexit blues? image
Source : Guardian [Read Article] Tuesday 29th of August 2017 11:55:12 AM
....Brexit may seem a million miles away for a humble home-grown outfit, but commerce operates globally – and even the smallest outfit will tend to sell abroad via e-commerce. Even though nothing seems certain with Brexit, is there anything you can do now to start understanding how it could impact the way you do business? We’ve chatted to top small business advisers – and a small business owner – to gauge their views. ...
Viagogo: ACCC launches legal action against 'misleading' ticket reseller image
....Scalpers are facilitated by bots that rapidly buy up tickets in bulk, then flip them on resale sites at inflated prices. The UK and US have both recently passed laws to stop the use of bots, and small business minister Michael McCormack has indicating Australia may follow suit. ...
RBS mistreated clients, leaked FCA report reveals image
Source : Guardian [Read Article] Friday 25th of August 2017 08:27:01 PM
....RBS provided only limited cooperation with the FCA inquiry it was claimed, although the bank said on Friday night that it cooperated fully. The FCA provided a summary of the findings last year but the full report calls for a fundamental review of how RBS handles small business customers in financial distress. ...
Rising inflation leads to sales falls in all UK retail sectors apart from food image
....The market research firm found consumer confidence has fallen sharply since the EU referendum, with the UK slipping from the second most confident country in Europe, behind only Denmark, to ninth place. The drop in retail sales adds to mounting problems for many small businesses that depend on consumers to stay afloat, at a time of rising production costs with higher levels of inflation, according to Mike Cherry, national chair at the Federation of Small Businesses. ...
Co-operative Bank sheds 25,000 current account customers but losses shrink image
Source : Guardian [Read Article] Thursday 10th of August 2017 08:25:02 AM
.... The fundraising is expected to be completed next month. Coleman aims to attract new customers, including small businesses. ...
Donald Trump's tax cuts for the rich won't make America great again | Joseph Stiglitz image
.... One might get away with this in the case of personal income tax, because even if the losers notice, they are not sufficiently organised. By contrast, even small businesses in the US lobby Congress. ...
10 years on from the credit crunch: share your memories image
Source : Guardian [Read Article] Thursday 27th of July 2017 09:02:05 AM
....We would like to hear your memories of the credit crunch. How were you and your family affected indirectly or directly at the time? Perhaps you worked at a small business that collapsed or had to accept a pay freeze. ...
Victory on employment tribunal fees: this is what justice feels like | Jason Moyer-Lee image
....But the fundamental message from today’s decision echoes what the IWGB has been at pains to emphasise: that rights without enforcement mean nothing. This is as true for the cleaner who hasn’t been paid as the Uber driver who’s told he won’t be getting any holidays because he’s actually running his own small business. ...
Lloyds compensates only five victims of HBOS fraud scandal image
Source : Guardian [Read Article] Friday 21st of July 2017 07:00:12 AM
. Lloyds Banking Group has paid compensation to only five of the 67 victims of the HBOS Reading fraud scandal almost a month after its own deadline for making redress offers for the “utterly corrupt scheme” that left small business owners “cheated, defeated and penniless”. ...
Recruitment sector tax scheme liquidates hundreds more firms image
Source : Guardian [Read Article] Thursday 20th of July 2017 02:17:53 PM
....Scores of the latest companies to be put into voluntary liquidation had Filipino directors plus ties to Anderson Group, when checked against public records and internal Anderson documents seen by the Guardian. The arrangements were designed to save tax by setting up thousands of tiny firms to exploit VAT and national insurance rules that were originally intended to help very small businesses. ...
Karren Brady to chair firm that owns Philip Green's Arcadia group image
Source : Guardian [Read Article] Monday 17th of July 2017 02:40:37 PM
....Brady joined the House of Lords in 2014 and received a CBE from the Queen for her services to business, entrepreneurship and women in business. She was named as the government’s small business adviser in 2013. ...
Tesco faces in-depth investigation into £3.7bn Booker takeover image
Source : Guardian [Read Article] Wednesday 12th of July 2017 08:31:46 AM
....A spokesperson for Tesco said: “We are pleased the CMA has accepted our fast-track request, and we look forward to continuing our engagement over the coming months. “This merger has always been about growth, and we remain convinced that it will bring benefits for consumers, independent retailers, caterers, small businesses, suppliers and colleagues. ...
Chancellor urged to recover money lost from recruitment sector tax avoidance image
....He also asked: “What assessment [the chancellor] has made of the impact of the mass liquidation of mini companies associated with the Anderson Group on tax revenue?”. The move by Field comes after the latest exposé on this type of scheme, designed to save tax by setting up thousands of tiny firms to exploit VAT and national insurance rules that were originally designed to help very small businesses. ...
Recruitment advisers' tax scheme liquidated after HMRC asks questions image
.... It has been used by recruitment agencies supplying low-paid workers to businesses including Marks & Spencer and Dixons Carphone. The arrangements – which work by setting up thousands of tiny firms to exploit VAT and national insurance rules that were originally designed to help very small businesses – have netted vast windfalls for those involved. ...
US jobs report shows sharp recovery in June but wage growth remains slow image
.... According to ADP, the private sector added 158,000 new jobs in June; economists surveyed by Reuters had been expecting a gain of 185,000. Small businesses, a leading driver of job growth, added just 17,000 jobs in the month, with the smallest of small businesses, those employing one to 19 people, recording zero jobs added. ...
How an 'Airbnb for retail' is bringing entrepreneurs back to the high street image
.... He got no response. “For a small business to approach a big retailer, it’s very difficult,” Patikit says. ...
Rangers tax case: supreme court rules in favour of HMRC image
Source : Guardian [Read Article] Wednesday 5th of July 2017 05:02:13 PM
....Former Rangers chairman Sir David Murray said he was “hugely disappointed” with the verdict. He said: “The decision will be greeted with dismay by the ordinary creditors of the club, many of which are small businesses, who will now receive a much lower distribution in the liquidation of the club [. ...
HMRC wins Rangers 'big tax case' ruling image
Source : BBC [Read Article] Wednesday 5th of July 2017 04:12:59 PM
....He said: "It should be emphasised that there have been no allegations made by HMRC or any of the courts that the club was involved in tax evasion, which is a criminal offence. "The decision will be greeted with dismay by the ordinary creditors of the club, many of which are small businesses, who will now receive a much lower distribution in the liquidation of the club, which occurred during the ownership of Craig Whyte, than may otherwise have been the case. ...
Lloyds and the FCA must give full story on HBOS Reading fraud | Nils Pratley image
....It may be true that, at that stage, Lloyds viewed the affair as merely a case of bad lending by HBOS’s out-of-control operations. But, given the size of the provision, the complaints of fraud by the small business customers were plainly worthy of investigation. ...
Cath Kidston: ‘I'm not someone who wants to be famous' image
Source : Guardian [Read Article] Tuesday 4th of July 2017 06:00:33 AM
.... There are many more things I’d like to do in the future and it’s a case of fitting everything in. Actually, I quite fancy doing another small business where I can get my hands dirty – if I were to start something, it would be in design. ...
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Trouble in the Dales as holiday homes become the new buy-to-let image
Source : Guardian [Read Article] Saturday 1st of July 2017 06:00:06 AM
....6m (if they were required to pay council tax). John Webber, head of rating at Colliers, said: “It’s a scandal that those who have holiday homes and rent them out are able to take advantage of the small business rates relief and so pay less tax, putting the burden of the rates bill on to other businesses who are struggling to pay their bills. ...
Lloyds bank pays HBOS fraud victims £35,000 in living expenses image
Source : Guardian [Read Article] Friday 30th of June 2017 01:00:51 PM
....Lloyds Banking Group has issued one-off payments of £35,000 each to victims of the fraud in its HBOS Reading branch after missing Friday’s deadline to make formal compensation offers. The number of victims has risen to 67 small business customers from 64 as more have stepped forward since January when six financiers were jailed for their roles in the fraud, which took place before Lloyds rescued HBOS in 2008 at the height of the financial crisis. ...
British Weetabix seized by New Zealand customs in breakfast bowl battle with rival image
....Other British stores in the North Island have complied with Sanitarium’s demands, but Wilson has decided to fight the company, which she accuses of “bullying” her small, family-run business. “They [Sanitarium] walk in and slap an agreement down and it is quite daunting for a very small business . ...
HBOS fraud victims go unpaid as Lloyds battles Noel Edmonds image
Source : Guardian [Read Article] Monday 26th of June 2017 05:07:52 PM
.... Lloyds has also appointed a retired high court judge to look at whether it investigated the problems in Reading promptly at the time of the takeover and whether it then reported its findings to the authorities. Anthony Stansfeld, police and crime commissioner of Thames Valley police, which led the prosecution, believes the £100m set aside by Lloyds is “nothing like the sum that will be required” to compensate the small businesses which had contact with the corrupt financiers. ...
Smart meter rollout could force household bills to rise, says supplier image
....Energy suppliers face rising costs for putting smart meters in millions of homes, adding pressure on firms to raise household bills further next year. Fitting the meters, which automate readings and government has set a target of installing in every home and small business by the end of 2020, costs suppliers about £100 per household today. ...
RBS to cut hundreds of UK jobs in move to India image
Source : Guardian [Read Article] Sunday 25th of June 2017 03:48:43 PM
. Royal Bank of Scotland is to cut 443 jobs in Britain as the bank moves its team that arranges loans for small businesses to India. ...
Low wages are 'return to pre-industrial Britain', says Bank of England economist image
....“The move towards greater self-employment and less unionisation is, in some respects, a shift back to the future in the nature of work,” Haldane said, harking back to the days before James Watt, a key figure in the emergence of the steam engine, and other pioneers began the transformation of Britain’s largely agrarian economy. “Prior to the Industrial Revolution, and indeed for some years after it, most workers were self-employed or worked in small businesses. ...
Whole Foods for thought: Austin foodies ponder future under Amazon image
Source : Guardian [Read Article] Monday 19th of June 2017 06:00:28 AM
....” She also works for a local hibiscus tea company that sells its drinks through Whole Foods. “From that perspective I think they’ve done a pretty good job of trying to integrate [small businesses],” she said. ...
Lloyds likely to extend compensation deadline over HBOS fraud scandal image
....The fraud related to the activities of Lynden Scourfield, a former HBOS banker, who was jailed along with his business associate David Mills. Scourfield had pleaded guilty to the scheme, which involved introducing his small business clients to Mills, who was convicted along with his wife, Alison, and their associates Michael Bancroft and Tony Cartwright of running the fraud. ...
Duke of Westminster's property group to build 1,500 rental homes in London image
.... A number of older buildings in the heart of the former Peek Freans biscuit factory, which closed in 1989, will be retained. They are home to small businesses and owned by Workspace Group. ...
As we wave goodbye to cash, ATMs have had to get a whole lot smarter image
Source : Guardian [Read Article] Saturday 10th of June 2017 05:59:18 AM
....Fed up with only getting £20 notes when you want a mix of tenners and fivers? Lu Zurawski of ACI Worldwide, which runs software that powers ATM networks, says that in future it will be possible for mobile phone app users to dictate the mix of notes they want before sending the request to a designated local ATM. The idea is that small businesses can deposit cash and coins in an ATM, which is then dispensed as usual to conventional customers. ...
German firms grapple with UK poll result image
Source : BBC [Read Article] Friday 9th of June 2017 11:19:21 AM
....The lack of a clear majority had led to an increase of uncertainty in the German economy, he said, and the "road map for Brexit negotiations is now obsolete". A handful of small business owners, whose trade links with the UK are less vital, suggested a swift and smooth Brexit resolution remained paramount, as the act itself had long been priced in, whether hard or soft. ...
Republicans take aim at Dodd-Frank financial rules image
Source : BBC [Read Article] Thursday 8th of June 2017 02:18:10 PM
....Supporters say Dodd-Frank has made the financial system safer, increasing protections for consumers, improving stress tests and forcing large financial institutions to hold more money for use in the event of a financial shock. But opponents, which include community banks and other financial institutions, say it created an overly complex set-up that has inhibited growth, particularly for small businesses. ...
Could growth hacking be the low-cost key to business success? image
Source : Guardian [Read Article] Thursday 8th of June 2017 06:00:19 AM
. Growth hacking could be perceived as the realm of high-flying startups, but for cash-strapped small businesses, growing fast at a low cost should be a no-brainer. ...
Relieved RBS bosses should spare a thought for the claimaints image
Source : Guardian [Read Article] Wednesday 7th of June 2017 02:27:31 PM
....9bn provision for even more write-offs on Popular’s troubled book of property loans. The prize at the end of the process is commanding market shares in Spain and Portugal, especially in lending to small businesses, and the chance to remove €500m from the combined cost base. ...
Two pharmacy chains announce they will not pass on penalty rate cuts image
Source : Guardian [Read Article] Wednesday 7th of June 2017 09:32:24 AM
....He said that, following this week’s 3. 3% rise in the minimum wage, Coles and Woolworths would pay $64 less for a seven-hour shift on a Sunday than a small business, for instance. ...
Peer-to-peer lending promised 6%, but I’ve been left red-faced and in the red image
.... It operates a waiting list for others keen to invest. Funding Circle The firm focuses on lending to small businesses rather than individuals, offering generally higher returns but with arguably more risk. ...
Operation Car Wash: The biggest corruption scandal ever? image
Source : Guardian [Read Article] Thursday 1st of June 2017 04:30:45 AM
.... It would also expose a culture of systemic graft in Brazilian politics, and provoke a backlash from the establishment fierce enough to bring down one government and leave another on the brink of collapse. Launched in March 2014, the operation had initially focused on agents known as doleiros (black market money dealers), who used small businesses, such as petrol stations and car washes, to launder the profits of crime. ...
Selling up or selling out? image
Source : BBC [Read Article] Wednesday 31st of May 2017 11:18:14 PM
.... . But is such criticism fair, and why do small businesses sell up in the first place?. ...
Indian growth figures miss estimates image
Source : BBC [Read Article] Wednesday 31st of May 2017 01:13:06 PM
....However, the latest figures do not tell the complete story. India's economic growth data does not take into account the performance of small businesses and the unorganised sector. ...
Small firms hit by rates relief delay image
Source : BBC [Read Article] Monday 29th of May 2017 11:14:13 PM
. Thousands of small businesses in England who were promised financial help to ease the burden of hikes in business rates are still waiting. ...
Pension Regulator website 'now fixed' image
Source : BBC [Read Article] Friday 26th of May 2017 07:38:51 AM
....A spokesperson said that customers should be able to get onto the website without difficulty, but anyone facing problems should call the helpline, on 0345 600 1011. Thousands of small businesses with between one and 19 employees are currently having to tell the regulator how they are conforming to the new pension rules. ...
'I lived in fear of brown envelopes': being chased by the taxman image
Source : Guardian [Read Article] Friday 26th of May 2017 06:00:04 AM
.... “I didn’t have any,” he admits. “I expect that is a common thing for small businesses to forget. ...
Glitch hits Pension Regulator website image
Source : BBC [Read Article] Thursday 25th of May 2017 04:23:05 PM
. Thousands of small businesses ordered to register for auto-enrolment pensions face fines after part of the regulator's website crashed. ...
Doing it my way image
Source : BBC [Read Article] Monday 22nd of May 2017 11:29:21 PM
.... . "In the last 10 years, thousands of creative small businesses have emerged all over the UK, creating jobs, driving wealth creation and contributing significantly to the economy," says notonthehighstreet. ...
RBS settlement has left business couple feeling 'gutted' image
Source : BBC [Read Article] Thursday 18th of May 2017 01:48:53 PM
....Mike and Diane Hockin had been claiming £30m in damages after losing their property business in 2012. Mr Hockin told the BBC's Wake Up to Money that he had wanted to expose the bank on behalf of other small businesses, but felt he had to settle. ...
Share sale returns Lloyds to private sector image
Source : BBC [Read Article] Tuesday 16th of May 2017 04:54:38 PM
....9bn of charges related to historic misconduct issues and potential legal costs. A £400m pot has also been set aside to compensate small business owners and customers of its controversial Global Restructuring Group. ...
General election 2017: Lib Dems promise £100-a-week for entrepreneurs' living costs image
....Those starting an enterprise would get help under the scheme for the first six months, up to a maximum of £2,600. Launching his business manifesto, leader Tim Farron will claim other parties cut tax for multinationals but he is on the side of small businesses. ...
Noel Edmonds accuses Lloyds of 'foot dragging' over HBOS payouts image
....Two former HBOS staff have been jailed for their part in a £245m loans scam. They insisted small business customers used a specific turnaround firm. ...
A new company every week: inside the UK's AI revolution image
Source : Guardian [Read Article] Monday 15th of May 2017 06:00:37 AM
.... SoDash, a UK-based software company founded by Daniel Winterstein and Joe Halliwell in 2011, enables companies to work with social media at scale and is used by brands such as Virgin Trains to analyse messages, prioritise customer service issues and isolate irrelevant social chatter. This year, Winterstein and Halliwell developed Orla, a bot that helps small businesses improve their reach on Twitter. ...
Firms 'hobbled' by poor mobile coverage image
Source : BBC [Read Article] Friday 12th of May 2017 08:36:37 AM
.... . The BCC, which surveyed more than 1,400 mainly small businesses, said the issue was "hobbling" productivity. ...
From yoga instructors to novelists: five ways to turn your hobby into a job image
....Leyla Kazim, a freelance writer and founder of London Cheap Eats, adds that this approach “will likely mean long hours, but it’s necessary to minimise risk”. When you are trying to juggle a full-time job and a small business, it’s important to plan your time, says Lydia Fairman, founder of Fairman Consulting. ...
Noel Edmonds seeks £50m damages for HBOS fraud image
Source : BBC [Read Article] Wednesday 10th of May 2017 06:10:09 PM
....Mr Edmonds's lawyers have written to Antonio Horta-Osorio, chief executive of HBOS owner Lloyds, seeking payment. Two former employees at HBOS's Reading office were part of a £245m loans scam that cheated small business customers by insisting that they use a specific turnaround firm. ...
Brexit will leave ‘a business support black hole,' says report image
Source : Guardian [Read Article] Wednesday 10th of May 2017 06:15:12 AM
.... With £3. 6bn of dedicated small business support coming from the EU (between 2014 and 2020) the UK must fill the shortfall to prevent economic slowdown after Brexit. ...
China factory output growth slows image
Source : BBC [Read Article] Sunday 30th of April 2017 09:51:37 AM
...."Although the PMI has dropped slightly, we can also see the steady accumulation of positive factors," NBS analyst Zhao Qinghe said in a statement. Mr Zhao also highlighted increased production of consumer goods and improvements in small business activity as positive signs for the economy. ...
MPs say 'dominance' of big home-building firms must end image
Source : BBC [Read Article] Saturday 29th of April 2017 01:27:41 AM
....MPs said the government should do more for smaller builders who do not have the scale to bid for big projects. But the Home Builders Federation, which represents large and small businesses, said only big firms could spread the risks large-scale projects pose. ...
'After Brexit people will fall in love with English apples again' image
Source : Guardian [Read Article] Friday 28th of April 2017 06:00:03 AM
....”. But she adds, like any small business, you need to find a balance between all of the competing priorities. ...
Will Lloyds chief enjoy plain sailing or will he jump ship? | Nils Pratley image
....Under the current set-up, Lloyds’ leadership in UK retail banking is assured as far as the eye can see. It is big in all the main activities – current accounts, mortgages, retail deposits, loans to small businesses – and is filling the only obvious gap by boosting its credit card operation with the addition of the MBNA book. ...
​Trump tax plan could save him millions under guise of helping small businesses image
. A tax plan released by the White House on Wednesday could deliver many millions of dollars annually in tax savings to Donald Trump personally under the guise of helping small businesses, multiple tax experts have told the Guardian. ...
Uber to offer UK drivers sickness cover in return for £2-a-week fee image
Source : Guardian [Read Article] Thursday 27th of April 2017 12:51:55 PM
....50 an hour for people aged 25 and over. “The notion that Uber in London is a mosaic of 30,000 small businesses linked by a common ‘platform’ is to our minds faintly ridiculous,” the judges said. ...
Trump seeks tax windfall for business image
Source : BBC [Read Article] Wednesday 26th of April 2017 12:20:53 PM
...." . Senator Orrin Hatch, a Utah Republican, questioned whether lowering tax rates for small businesses, known as S corporations or "pass through" businesses, was beneficial. ...
How the General Election affects pensions, small businesses and expats image
Source : Independent [Read Article] Wednesday 26th of April 2017 11:12:00 AM
...
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Lloyds appoints ex-high court judge to review handling of HBOS fraud image
Source : Guardian [Read Article] Wednesday 26th of April 2017 11:03:08 AM
....Scourfield was sentenced to 11 years and three months. He pleaded guilty to the scheme, which involved introducing his small business clients to Mills, who was convicted along with his wife Alison and their associates Michael Bancroft and Tony Cartwright of running the fraud between 2003 and 2007. ...
Tax raid postponed as ministers rush through finance bill image
Source : Guardian [Read Article] Tuesday 25th of April 2017 04:42:20 PM
....Also being ditched for the time being is the “Making Tax Digital” initiative originally unveiled by then chancellor George Osborne in November 2015, which was designed to make the tax system more like online banking. This has been controversial because it meant that from 2019, more than three million small businesses and landlords would be required to keep digital records and send quarterly updates to HM Revenue & Customs. ...
Minister makes U-turn over £300m business rates relief fund image
Source : Guardian [Read Article] Monday 24th of April 2017 06:16:40 PM
. The government appears to have performed a weekend U-turn on business rates and says a £300m relief fund to help small businesses worst hit by the shakeup is now available for councils to share out. ...
Snap election delays £300m relief package for small businesses image
Source : Guardian [Read Article] Saturday 22nd of April 2017 09:48:24 AM
. Thousands of small businesses hit hardest by the recent changes to business rates in the UK have been dealt a fresh blow after a £300m relief package promised in the budget was waylaid by the general election. ...
PENSION CRISIS: Women LAGGING behind in huge pensions gap image
Source : Daily Express [Read Article] Wednesday 19th of April 2017 12:01:00 AM
.... . However, managing director Tim Holmes said this is masking a slump in the sums saved by self-employed workers: “Many rely on the sale of their business to support themselves in later life, but this could be a risky approach as small businesses rarely make it to the stage where they can be sold for a substantial amount. ...
Two-thirds of BHS stores lie empty as anniversary of collapse nears image
Source : Guardian [Read Article] Sunday 16th of April 2017 03:30:44 PM
....“It all comes down to who the landlord is. The more commercially minded, experienced landlord will take control, but if it’s a small business they may be less geared up to tackle the problems,” says Duncan Kite, a partner at the retail property consultants GCW. ...

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