News Team

The Business4Beginners news team consists of several writers who each have their own unique experience in businesses. By keeping their fingers on the pulse, they bring you the latest in news and trends impacting small UK businesses.

End Of Covid Restrictions In England Affect Small Businesses

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End of Covid restrictions in England Affect Small Businesses

On 21 February the Prime Minister, Boris Johnson, announced the end of Covid restrictions in England with the Government’s ‘Living with Covid Plan‘. While many people will be glad to have their freedom back, small businesses will have to make tough decsions. By ending all Covid restrictions in England, the Government moves away from government … Read more

71% Of Businesses Say EU Trade Deal Fails To Deliver

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71% of Businesses Say EU Trade Deal Fails To Deliver

The EU trade deal Boris Johnson has agreed with the EU on Christmas Eve 2020 promised not only to keep trade with the EU viable after Brexit, but also to enable UK businesses to grow their trade with the EU. But 71% of businesses are now saying that the deal does not deliver on its … Read more

90% Of Small Businesses Not Eligible For Help To Grow Scheme

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90% of businesses not eligible for Help To Grow Scheme

In May 2021, the Government launched the Help To Grow Scheme, to help small and medium businesses (SMEs) by providing them with the skills they need to grow their businesses. According to Phil Hall, Head of Public Affairs & Public Policy at the Association of Accounting Technicians (AAT), over 90% of SMEs are not eligible … Read more

Only 29% Of UK Businesses To Absorb Higher Costs

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Only 29% of UK businesses to absorb higher costs

According to the latest Lloyds Bank Business Barometer, which covers responses from 4th January to 18th January, just over a quarter of UK businesses will absorb higher costs. 39% of UK businesses see themselves forced to raise prices as a response to the rising costs. Overall, almost half of the UK businesses (49%) surveyed stated, … Read more

Rise In National Living Wage – Is Your Business Prepared?

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Rise in national living wage, is your business prepared

From 1 April 2022 the UK government will introduce a rise in national living wage and minimum wage. While workers will be looking forward to their wage increase, many small businesses will not. Being prepared for the increase in national living wage and minimum wage is vital for every small business to minimise its impact. … Read more

80% Of Small Businesses Won’t Hire New Staff In 2022

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80% of small businesses won't hire new staff in 2022

A new study has shown small businesses are reluctant to hire new staff in the coming 12 months. New data by small business lender iwoca has shown what small businesses are worried about in 2022. The biggest worry by far is rising inflation, with 71% of small businesses citing this as their main concern. Inflation … Read more

8% Of Small Businesses Are At Risk – Is Yours One Of Them?

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small businesses are at risk due to late payments

The latest survey by the Federation of Small Businesses (FSB) shows that 8% of small businesses are at risk of having to close this year due to late payments. The FSB has questioned more than 1,200 small business owners for their latest survey. The results are startling and show that many small businesses are struggling … Read more

Chancellor In Talks With PM Over Bailout For Businesses

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bailout for businesses

As footfall plummets, Sunak and Johnson are discussing rescue bailout options for pubs, restaurants and shops. As fears grow over a tide of corporate collapses caused by the Omicron variant of Covid, Rishi Sunak is understood to have held emergency talks at the weekend with Boris Johnson to confirm a rescue scheme for businesses. In … Read more

UK Entertainment And Hospitality Venues Fear Ruinous Christmas

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hospitality venues fear ruinous Christmas

The Government has been warned that the latest Covid restrictions could reduce bookings by 50pc at some entertainment and hospitality venues. As a result of the Government’s new Covid restrictions, theatres face a peak Christmas season with bookings down by as much as 50pc, while restaurants, pubs, theatres and other attractions could suffer mass cancellations. … Read more

Two Thirds Of UK SMEs Say Brexit Has Made Life More Difficult

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effect of Brexit on SMEs

Although 64pc of SMEs believe that Brexit has negatively impacted the UK economy, 68pc also think it has had an adverse effect on British society. Furthermore, 25pc said the treaty has directly affected their business, according to new data from cloud accounting provider FreeAgent. The company found that over half of SMEs have experienced shrinking … Read more