An independent evaluation into the British Business Bank's Start Up Loans programme has found small businesses accessing this funding have higher survival rates. Research conducted by SQW working in partnership with Warwick Business School's Professor Mark Hart, Qa Research and The Data City, … [Read more...]
News for: Business
Small businesses invited to share challenges faced in FSB survey
The Federation of Small Businesses (FSB) has launched its first Small Business Index Survey six weeks since October's Budget. The latest FSB Small Business Index Survey for the final quarter of 2024 will be the first since the October Budget, which was the first to be delivered by a Labour … [Read more...]
HMRC reminds there is still time for Self Assessment taxpayers to set up a Time to Pay plan
HMRC is reminding Self Assessment taxpayers who may worried about being able to pay their tax bill in full that there is still time to set up a Time to Pay plan and make monthly payments. More than 15,000 Self Assessment customers have already set up a Time to Pay payment plan for the 2023 to … [Read more...]
New Business Growth Service to bring together government advice for small businesses
The Business Secretary has announced the launch of a new service to bring together government advice to better support growth of the UK's small businesses. With only 26% of UK SME employers reporting in 2023 to have sought external advice or information in the last year, the Business Growth … [Read more...]
HMRC launches new online tools for sole traders
Ahead of Small Business Saturday on 7th December, HMRC has launched new online tools for people working for themselves and individuals considering self-employment. The new interactive tool aims to give new and existing sole traders clearer guidance about records they may need to keep, taxes that … [Read more...]
Greater Manchester strengthens India ties
A delegation of representatives from the Manchester India Partnership (MIP) took part in a multi-city trade and tourism mission to bolter economic and cultural connections with the country. The trip coincided with news that Greater Manchester would be home to a new Indian Consular presence, … [Read more...]
Expert Opinion: The dynamics shaping the Stockport economy
Stockport based business advisor and mentor, Julian Stafford, explores the borough's economic data and shares his insights into the dynamics shaping the local economy. As someone passionate about Stockport and its thriving business community, I’m thrilled to share some exciting insights into the … [Read more...]
Greater Manchester SMEs gain access to enhanced export support
SMEs in Greater Manchester are to gain access to an enhanced support scheme to help them export to more markets following an agreement between the Department of Business and Trade (DBT) and Greater Manchester Combined Authority (GMCA). The Enhanced Trade Partnership will pool resources available … [Read more...]
Inflation rose to 2.3% in October
October Consumer Price Index (CPI) data from the Office of National Statistics (ONS) has revealed a 0.6 percentage point rise in the rate of inflation. Annual inflation reached 2.3% in October, its highest rate since April, after a sharp rise on the previous month's figure of 1.7%. While … [Read more...]
Expert Opinion: Cash flow management for SMEs
The team from accountancy firm, Xeinadin, share their insights into the importance of cash flow management for SMEs, and strategies for managing it. Every business costs money to run. But how you cover your day-to-day operational costs can depend significantly on how big your business … [Read more...]
Legislation introduced to cut business rates for retail, hospitality and leisure properties
Draft legislation has been published that will see retail, hospitality and leisure properties see their business rates permanently cut from 2026. The Non-Domestic Rating (Multipliers and Private Schools) Bill will introduce new permanently lower multipliers for retail, hospitality and leisure … [Read more...]
Over half of UK businesses prioritising international trade to drive growth, finds Santander research
Over half (52%) of UK businesses are prioritising international trade in their plans for growth according to research by high street bank, Santander. The bank's Santander Trade Barometer has recorded a 5% rise in businesses looking to reach new overseas customers as a growth driver compared to in … [Read more...]
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