Best Small Business Accounting software UK for 2024
As we look ahead to 2024, the nest small business accounting software UK is expected to grow even more. More and more UK small businesses are becoming more reliant on technology than ever before.Whether...
Number of Businesses closing hits record levels
A record number of businesses closed across the UK last year, official figures have shown.The data from the Office for National Statistics (ONS) also reveals that the so-called business death rate surpassed the “birth...
Extra Energy supply Director hit with 6 year ban
A former Director of Extra Energy Supply has been banned from running a business for six years.Mordechay Ben-Moshe, 48, was a Director of Birmingham-based Extra Energy Supply, which supplied around 130,000 household and business customers...
Directors Personal guarantee usage on the rise says research
Latest research is suggesting that the use of a Directors personal guarantee is on the rise in the UK.There has been a rise in The difficulty small business owners are experiencing accessing funding without...
Personal Insolvency rising sharply according to new figures
New figures released show a massive increase in Personal insolvency.The latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvency numbers increased by 35.7% in October 2023 to...
UK Business insolvency rises by 18%
Uk Business insolvency is officially on the rise.The latest figures from the Insolvency Service have shown that the number of business insolvencies in England & Wales for October 2023 was 2,315, 18% higher than...
Cash Flow is Small Business owners biggest concern
Small business owners have revealed that cash flow is the biggest challenge for nearly half of the respondents.Almost half (48%) of small to medium enterprises cited cash flow as the largest single challenge their...
Double glazing giant facing liquidation
Yorkshire based Doubled Glazing giant Safestyle is facing liquidation.Only last week, the company, which has its HQ in Bradford, announced administrators had been appointed.Around 680 of its workers were made redundant as a result...
Freelancers being hit by rise in Late Payments
Late payments are a quiet, yet powerful economic disruptor. Whilst they impact businesses of all sizes, studies have shown small and medium enterprises (SMEs) and freelancers are particularly at risk, with the impact of...
Number of Insolvent Restaurant Companies rising by the week
The number of insolvent restaurant companies is increasing week on week it has been reported.In new data, it has been revealed that the number of insolvent restaurant companies has has risen by 46% in...
