Following the collapse of the banking system and a period of economic uncertainty, the UK is in serious debt, some of which small businesses will be called upon to help pay back. An increase in National Insurance is one the way…

The British Chamber of Commerce (BCC) has revealed today (15 February) that small firms in the UK believe that the planned National Insurance increase should be scrapped and replaced by a less damaging alternative.

In the BCC’s latest Monthly Business Survey, companies were asked what they thought were the Government’s most pressing issues. A considerable 41% answered that reducing the budget … Continue Reading

Small businesses that reported being hit hard by the credit crunch ten months ago are now experiencing the beginnings of a tentative recovery, according to analysis by the Federation of Small Businesses (FSB).

The FSB have carried out research since September 2008 to document the ongoing impact of the economic downturn on small firms.

A comparison of that data suggests that the economic position of small businesses is now starting to improve after reaching a low point at the end of last year. Nearly a quarter (23%) of small businesses report that they are now experiencing an increase in trade, compared … Continue Reading