Online payment group PayPal, which has moved into territory once dominated by mainstream banks, has more than doubled its UK volumes of lending in the last year and has now extended more than £400m of credit to UK businesses. Continue reading
CBI study suggests key sector is booming
Britain’s manufacturing industry continues to perform strongly, new figures suggest. Continue reading
SMEs: ‘Internet issues’ are the biggest barrier to business productivity
A new study suggests that more than two thirds of UK small and medium-sized enterprises (SMEs) believe that ‘internet issues’ – such as slow broadband and website failures – are the biggest barrier to workplace productivity. Continue reading
Half of UK businesses hit by at least one cyber-attack last year
Worrying new research has revealed that approximately half of all UK businesses were hit by at least one cyber-attack or security breach in 2016. Continue reading
Bridge is a sport
According to Advocate General Szpunar, adviser to the European Court of Justice (ECJ), the game of bridge is a sport and should be exempt from VAT because it involves ‘mental effort’ and training as part of the challenge of playing it. Continue reading
FSB study suggests fall in business confidence
A new study carried out by the Federation of Small Businesses (FSB) has revealed a drop in business confidence among Britain’s small and medium-sized enterprises (SMEs). Continue reading
Funding plans for small businesses
Following the outcome of the General Election, a number of business groups have called on the Government for “certainty and stability” around issues such as business rates and funding. Continue reading
Latest personal tax scams
Criminals are yet again trying to cash in on people hopeful of getting a tax refund by sending out scam emails suggesting that taxpayers are owed refunds on income or vehicle tax. Continue reading
Economy to grow by 1.7 per cent this year, says ICAEW
The Institute of Chartered Accountants (ICAEW) has predicted that the UK economy will grow by 1.7 per cent this year, despite a slump in growth during the first quarter (Q1). Continue reading
Two-thirds agree with NHS tax, says poll
Exactly two-thirds (66 per cent) of people would be happy to pay more tax if it means the quality of the NHS improves, a new poll has revealed. Continue reading