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.

Consumer Trends 2024: How Consumers Will Behave This Year

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Consumer Trends 2024: How Consumers Will Behave This Year

25 January 2024 – Encouraging thoughtful marketing and loyalty may help small businesses win back customers despite inflation!  Marigold, a leading authority in relationship marketing, recently published its report on consumer trends 2024. The index is a valuable resource for small businesses, especially when competition isn’t just with larger companies but also the economy.  Consumers … Read more

80% Of SMEs Expect To Increase Profits In 2024

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80% Of SMEs Expect To Increase Profits In 2024

18 January 2024 – Optimism is at an all-time high with small businesses in the UK! According to new research, the majority have a positive outlook for the upcoming year despite skyrocketing interest rates and a less-than-ideal 2023. The majority even expects to increase profits in the new year. Moore UK, a top accounting and … Read more

44% Of Business Owners Use Own Savings To Start Business

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44% Of Business Owners Use Own Savings To Start Business

9 January 2024 – According to new research a large number of business owners are using their own savings to start their company. But help from family is becoming more and more important too. The dream of starting a business can quickly turn sour if funding is hard to come buy. Research by wealth management … Read more

Insolvency Registrations Rise By 21% In November

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Insolvency Registrations Rise By 21% In November

19 December 2023 – UK companies had another tough year, with insolvencies at a high level. The latest government data shows that company insolvency registrations in England and Wales have been 21% higher in November this year compared to the same time last year. The latest data from the UK Insolvency Service confirms what earlier … Read more

New Immigration Plans Another Blow For Small UK Businesses

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New Immigration Plans Another Blow For Small UK Businesses

12 December 2023 – Last week the new Home Secretary has unveiled new immigration plans to curb legal immigration to the UK. The new rules will be another blow to small UK businesses struggling with an ongoing skills shortage. Labour shortages and a skills gap has plagued small businesses in the UK for a while, … Read more

Tax Season: 25% Of SMEs Hold Off Filing Tax Return

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Tax Season: 25% Of SMEs Hold Off To File Tax Return

5 December 2023 – Tax season is upon us, with the deadline for SME’s and sole traders to submit their Self Assessment tax return for the tax year 2022/23 looming. Yet 25% of SMEs are holding off filing their tax return until the last minute. Every year, when the festive season is approaching, many small … Read more

UK Business Population Shrunk For First Time In 12 Years

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UK Business Population Shrunk For First Time In 12 Years

28 November 2023 – New data has revealed that for the first time in 12 years, the UK business population has shrunk. More firms have closed down than started up over the past two years. Since after the financial crisis in 2008/09, the number of active UK companies has been rising every year, with the … Read more

Autumn Statement 2023: Its Impact On Small Businesses

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Autumn Statement 2023: Its Impact On Small Businesses

23 November 2023 – Yesterday the Chancellor announced his Autumn Statement 2023, setting out the government’s fiscal plan for the year ahead. When the King’s Speech earlier this month announced that the government is focussing on growing the economy in the coming year, many business leaders lamented the lack of detail. With no clear indication … Read more

What The King’s Speech 2023 Means For Small Businesses

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What The King's Speech 2023 Means For Small Businesses

14 November 2023 – Last week we witnessed a historic moment, when we heard the King’s Speech for the first time in 70 years. While economic growth featured prominently, small businesses will wonder what it all means for them. About once a year, the government outlines its priorities for the coming year delivered by the … Read more

75% Of UK Businesses Worry About Skills Shortage For 2024

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75% Of UK Businesses Worry About Skills Shortage For 2024

31 October 2023 – A labour and skills shortage has been plaguing UK businesses for years now. And according to a new study, business leaders are concerned about the challenges continuing in 2024. The right staff is vital for any business to grow and thrive. But in recent years, a skills gap has impacted on … Read more