Just 10 per cent of contractors are now using HMRC’s much maligned IR35 status tool according to new research. The figure for those using the tool is down from a height of 28 per cent since the tool and the new legislation came into effect in April 2017. What’s more, of the 1100 contractors surveyed […]
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Shoreditch is world’s most expensive tech district
Shoreditch is the most expensive tech district in the world, with intense demand for office space pushing rents higher than those in Mid-Market, San Francisco, and almost double those in Brooklyn, New York, according to new research from Knight Frank.
Majority of SME businesses risk immigration sponsor licence & instant home office closure
Up to 95 per cent of SME businesses risk sponsor licence revocation for migrant workers and many are also at risk of instant Home Office closure, new research has found.
Third of British workers would be happy to have a robot boss
With the Bank Of England projecting that up to 15 million jobs might be at risk due to robots, new research reveals that nearly a third of British workers would be happy to work for a robot boss. The survey from cloud accounting software provider FreeAgent, of 1,000 working British people, also found that 11 per cent of […]
Co-working spaces lead to better interactions and higher productivity
People who work in co-working spaces claim they are more motivated and have more positive interactions with others, according to a new report. The report details the trend in collaborative working, in addition to what attracts the millennial generation to business. Since 2010, co-working spaces worldwide have increased by 5,519 percent as the average office space […]
Cost and red tape are the biggest struggles for new SMEs
Research has revealed that when first setting up their businesses, 40 per cent of SME owners said that cost was a struggle.
Just 8% of freelancers and contractors prefer to work completely remotely
Despite technology enabling anytime, anywhere working, just 8 per cent of freelancers and contractors surveyed prefer to work completely remotely, research has highlighted.
UK employees most open to leaving current job
New research reveals that 70 per cent of UK employees would consider leaving their current job, with nearly a quarter actively looking for new opportunities and nearly half passively looking.
Professionals still face homophobic bullying at work
Concerning new research has revealed that over one in 10 professionals have experienced homophobic bullying at work, with a further 15 per cent having witnessed a colleague being subject to this kind of prejudice.
Businesses continue to increase cash reserves
Over a quarter of UK businesses think their cash reserves will grow next year as they put off investment decisions as a result of Brexit uncertainty according to new research.
Two thirds of UK businesses embrace fintech, saving £4.6 billion annually
UK businesses were surveyed on their awareness and adoption of fintech products and services.
Employment tribunal rules Addison Lee wrongly classed drivers as self-employed
Drivers for London-based minicab company Addison Lee could be owed wages and holiday pay after an employment tribunal test case found that some had been wrongly classed as self-employed.
TV star Noel Edmonds secures litigation funding as he prepares for legal battle with Lloyds over HBOS fraud
TV celebrity Noel Edmonds has revealed he has secured litigation funding for his £300m claim against Lloyds Banking Group.
Top UK tech entrepreneurs to meet French President for talks on post-Brexit collaboration
President Macron has promised to make France a world leader in technology, turning it into a “country of unicorns” – that is, startups valued at more than $1bn.
South Yorkshire booze smugglers jailed for £3.8m tax fraud
A South Yorkshire crime gang, who evaded £3.8 million in duty and VAT by smuggling beer into the UK, has been jailed for a total of 19 years.