Recent news headlines relating to UK businesses, entrepreneurs, and sole traders.
27 March 2024 – Starting 1 May 2024, Companies House will increase its fees for most of its filing and registration services. The change comes after an annual review of the fees and the new legislation for major company law reforms. The Companies House price increases will fund the changes to implement the Economic Crime … Read more
7 March 2024 – The spring budget 2024 promises an economy on the rise, recovery from inflation, tax cuts, and other policies to drive SME growth. Yesterday, the Chancellor delivered his Spring Budget speech to the House of Commons. In over an hour, he painted a picture of an economy that’s on track to grow, … Read more
29 February 2024 – A whopping 93.4% of in-store card transactions up to £100 were made via contactless in 2023. Barclays derived the data from its debit and credit card transactions and determined the following surprising conclusions. A typical customer had an average of 231 transactions, with an average spend of £15.69 each time. A … Read more
22 February 2024 – With optimism at an all-time high, small businesses are in for a reality check. A recent report by Small Business Britain indicates many struggles in a UK recession that may cripple SMEs. The Small Business Britain survey involved 1,000 small businesses, while 40 were personally interviewed in Q3 of the previous … Read more
14 February 2024 – In a bid to deter economic crimes, the government will roll out changes to UK company law on 4 March. The Economic Crime and Corporate Transparency Bill aims to introduce improved safeguards against financial crime. The bill will also enable Companies House to better bolster the economy and market the UK … Read more
7 February 2024 – Small business growth in the UK has stunted over the past decade, new research has shown. The Enterprise Research Centre‘s (ERC) comprehensive report compiled data from ERC studies and other secondary sources. It turns out the last ten years were a period of challenges for small businesses in the UK. Based … Read more
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
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
9 January 2024 – According to new research a large number of business owners are using their own savings to start their business. 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
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