New data has revealed that 11.3 per cent of the UK’s retail space is now standing empty
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Scarborough entrepreneur scoops £10,000 Shell LiveWIRE Young Entrepreneur of the Year Award
A 27-year-old from Scarborough has won the coveted Shell LiveWIRE Young Entrepreneur of the Year award, which recognises innovative young business people who are in the process of turning an idea into a successful business.
Hidden business debt costing the UK economy £4.7billion a year
Experian, the global information services company, has today published its latest BusinessIQ analysis suggesting that an average of £4.7billion in unpaid debt may be left behind every year by UK firms that simply choose to close down.
Winners announced at 2012 National Business Awards
The National Business Awards in partnership with Orange has revealed the 2012 winners, at the gala dinner hosted by Sky News presenter Jeff Randall. Organisations from across the private, public and third sectors triumphed, including Trunki, Marks & Spencer and London Early Years Foundation.
Ed Davey warns of punitive fines if energy price-rigging claims proven
More whistleblowers come forward as gas-price scandal widens amid claims that electricity market has also been distorted
Lancashire’s twist on local authority banking
A fresh attempt to set up partnerships between local authorities and financial institutions to provide a new source of finance for small businesses unable to borrow from their banks was launched in Lancashire on Monday.
David Cameron promises to sell the City and defence firms
David Cameron has promised to put promoting British banks and defence companies at the heart of Britain’s foreign policy.
Startup day pledgathon for National StartUp Day
A City-based entrepreneur has pledged to hold a marathon 24-hour start-up advice session to budding entrepreneurs as part of National StartUp Day.
Interim committee to take forward anti tax avoidance work
The Government has today announced that it will appoint an interim advisory group to oversee the development of guidance on the new General Anti-Abuse Rule (GAAR). The GAAR is being introduced to deter and counter abusive tax avoidance, while providing certainty, retaining a tax regime that is attractive to businesses, and minimising costs for taxpayers and HMRC.
Female bosses get bonuses worth half as much as men, CMI warns
Female executives receive bonuses worth less than half those of their male counterparts, a new study has revealed, shedding light on the gender pay gap.
City trader Nicholas Levene gets 13-year sentence for £32m Ponzi scam
Celebrities and tycoons cheated out of millions by gambling addict who spent £18m on lavish lifestyle
Bank of England to vote against stimulus
Bank of England policymakers are expected to vote against pumping more money into the economy this week as a think tank predicted growth in Britain will outpace that of any other major European economy in 2013 and 2014.
Customer anger as Comet suspends gift vouchers
Gift vouchers for stricken electrical retailer Comet have been suspended, the chain’s administrator has announced.
Not quite white? Apple pay just 2% tax on overseas sales
Apple, the company synonymous for their iconic white iPhone and iPad, paid less than 2 per cent tax on its overseas profits, newly published documents have revealed, after the technology giant slashed the amount foreign taxmen receive.
Teenager launches Apple iPhone app after raising $1m from investors
A south London schoolboy has launched an Apple iPhone app this week, after raising $1m (£620,000) from investors before his 17th birthday.