In response to a recent PwC report, financial systems expert Vantage Performance Solutions is warning that only finance departments that implement intelligent reporting systems, and hence free their professionals to strategise, can cut costs and impact on the bottom line.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
National Campaign hopes to tackle youth unemployment
Young people across the UK are set to be given a dose of entrepreneurial inspiration following the launch of a new campaign by the youth organisation, BizBritain.
Finance is available for businesses that do their research, says James Caan
We often hear that growth in Britain’s vital SME sector is restricted by a lack of bank funding but entrepreneur James Caan argues in his new CNBC show, The Business Class, that finance is available for businesses that do the correct research
Superstorm Sandy delivers disaster movie scenario to New York business
With parts of Wall Street underwater on Monday night, New York’s reputation as a world business capital has taken a knock
Online retail set to rise to represent third of all UK sales by 2022
Online retail is going strong in the UK and there are no signs that it will lose any ground soon. On the contrary, predictions are for a steady growth over the next decade, with as much as a third of all retail sales expected to take place online.
CBI comments on Heseltine review
The CBI has today commented on Lord Heseltine’s review No stone unturned in pursuit of growth. The independent review looks at how spending departments and other relevant public sector bodies interact with the private sector, and assesses their capacity to deliver pro-growth policies.
UK SME Pays Nearly £100,000 for Using Under-licensed Software
Safety specialist First Choice Facilities Ltd has paid BSA | The Software Alliance, the leading global advocate for the software industry, £18,000 as part of a settlement following an investigation into unlicensed software use. It also parted with an additional £81,000 to purchase sufficient software licences to address the shortfall. It is alleged that the company used unlicensed software as a result of acquiring a new company.
Entrepreneurial spirit rising in UK
Overall prosperity is on the rise in the UK, according to the latest findings from the Legatum Institute’s Prosperity Index.
Small businesses to reap the benefits of 4G
The world’s first global study into 4G LTE business benefits, released today, reveals how the superfast network could help small firms increase innovation, boost productivity and cut costs.
£45,000 to invest? Don’t expect advice
Investors with less than £50,000 will struggle to get advice when new rules come in.
CBI: private sector employment resilience is a “mini-miracle”
The trend of cautious private sector hiring caused by the flexibility of the UK labour market is likely to continue for the next six months, an employement survey by the CBI and recruitment specialists Harvey Nash revealed today.
Bank of England’s handling of financial crisis to be scrutinised in reports
Three reviews commissioned by central bank in May are due to be published this week
Fund to invest in ex-military entrepreneurs
A £50m fund is being established to invest in start-ups founded by former Armed Forces personnel.
Simpler company reporting to focus on transparency & gender balance
Measures to improve the quality of narrative reporting by Britain’s largest companies have been published by the Department for Business, Innovation and Skills (BIS).
Three quarters of UK businesses unimpressed with government funding initiatives
Recent statistics show that nearly 80 per cent of UK firms feel that recent government funding initiatives such as Funding for Lending and Project Merlin have not helped their businesses.















