Business news

Cyber insurance ‘should be norm within 10 years’ - 3 June 2015

Cyber insurance should become as common a purchase for UK businesses as property insurance within the next decade, says the Association of British Insurers (ABI). The ABI said that any business using the internet was vulnerable to threats, including deliberate

Experts issue warning over investment relief reforms - 3 June 2015

Tax specialists have warned that planned changes to schemes designed to encourage investment in small and growing businesses could deter some investors from taking advantage of the reliefs. The warning came from the Chartered Institute of Taxation (CIOT) following plans

Drive targets first time exporters - 3 June 2015

A new government initiative has been launched to help businesses expand into international markets for the first time. The First Time Exporters (FTE) initiative, run by UK Trade & Investment (UKTI), includes training and advice for companies selling overseas for

HMRC issues guidance on employment intermediary reporting - 3 June 2015

HM Revenue & Customs (HMRC) has issued updated guidance on the new reports that employment intermediaries – like employment agencies and recruitment firms – need to provide for agency workers if they do not operate PAYE. The guidance, published on

Businesses sit on cash as AIA ‘deadline’ approaches - 15 May 2015

UK businesses are waiting for the right moment to start investing, says a leading accountancy body. The Institute of Chartered Accountants in England and Wales (ICAEW) surveyed 500 of its members working within businesses and found that 62 per cent

Firms warned to beware fraudsters - 15 May 2015

Fraudsters are using a new scam to target small firms with established finance facilities, according to a small business finance specialist. Ashley Business Finance warned other businesses to beware after two of its clients, in Wigan and Manchester, lost more

British Business Bank programme set to boost lending - 15 May 2015

The British Business Bank is opening its ENABLE Guarantee programme to all banks that lend to smaller UK businesses, following completion of the first transaction under the scheme. The programme encourages participating banks to lend more to smaller businesses by reducing the