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The Great Exhibition of 2012 told ‘2012’ belongs to Olympics

Organizers of the London Olympics are threatening legal action unless a small company removes their 2012 from their proposed trademark. The Great Exhibition of 2012 hopes to stage a major event in August outside of London next year during the same time the Olympics are held. The organizers say they are worried the company wants to . . . → Read More: The Great Exhibition of 2012 told ‘2012’ belongs to Olympics

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Expense administration is crippling some SMEs

Expense administration has a large impact on the 1.2million small or medium sized businesses (SMB’s) in operation in the UK. This has been the conclusion of a survey of more than 400 such SMB’s currently active in the marketplace. The results of the survey indicated that an average business will spend approximately thirteen days administering expenses, . . . → Read More: Expense administration is crippling some SMEs

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March brings dire retail sales

The British Retail Consortium said March set a record for a drop in retail sales for the UK as inflation started to squeeze households’ finances and with employment concerns consumers are cutting back. From the previous year sales measured by value fell almost 2% in part due to the date of Easter in 2010. But this . . . → Read More: March brings dire retail sales

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Northern Ireland needs more enterprise zones

Exciting times for the private sector are afoot in Northern Ireland. After the recently announced introduction of 21 enterprise zones in England which will have more efficient planning procedures, fast broadband and reduced rates to promote economic growth in the area, Chancellor George Osborne said that he hoped Northern Ireland could follow . . . → Read More: Northern Ireland needs more enterprise zones

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Social finance changes will hurt business

The recovery of the UK economy will be damaged by the changes to retirement rights and paternity leave, according to the British Chambers of Commerce. As from 3rd April, British men whose partners return to work earlier will be entitled paternity leave of up to 6 months. The default retirement age will be defunct from this . . . → Read More: Social finance changes will hurt business

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Female entrepreneurs could help lead out of crisis

A survey for the makers of Quickbooks, the small business financial management software has found that a needed boost to the UK economy could come from female entrepreneurs. Over 20% of female business owners have said they plan to hire additional staff in the next year even despite the mediocre economic conditions.

At least 8% of those . . . → Read More: Female entrepreneurs could help lead out of crisis

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StartUP Britain wants student entrepreneurs

The development of a pilot StartUp Summer programme to help encourage and support student entrepreneurs will be lead by YouGov and UCL working hand in hand with StartUP Britain with collaboration from Imperial College London.

The entrepreneurs’ development programme StartUpSummer, is to give the students the opportunity to develop their business ideas into an actionable start-up business . . . → Read More: StartUP Britain wants student entrepreneurs

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Low Value Consignment Relief abuse must end says FSB

The Federation of Small Businesses (FSB), in a direct letter to the European Commission is asking the EU for insurance that the end to abuse of the Low Value Consignment Relief (LVCR) will be done via the UK Government.
Mike Cherry, the FSB national chairman, described in a letter on behalf of the 200,000 members the failure . . . → Read More: Low Value Consignment Relief abuse must end says FSB

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Flexible working can work for SMEs

It seems that businesses are finally starting to wake up to the benefits of flexible working, and not before time, as mobile technology now means that workers can be anywhere in the world and still capable of delivering the results. That is the big change in emphasis, according to T-Mobile’s Martin Lyne, that companies are increasingly . . . → Read More: Flexible working can work for SMEs

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The tax system is simply not helping small business

A Treasury commissioned report from the Office of Tax Simplification (OTS) has spelled out all the things that need the Chancellor’s attention such as the tax systems inability to handle self employment, the reform of the national insurance  and taxation of income compared to earnings all these attribute to the UK’s dysfunctional system of small business . . . → Read More: The tax system is simply not helping small business

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