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News Thursday, 9 February 2012

Latest News

Ashley launch 100% Invoice Finance Funding!

18 Jan 2012 To help ease the pressure on small businesses in England and Wales a UK-based company, Ashley Commercial Finance, have launched a new 100% invoice finance funding facility.

New Help For Manufacturers could Generate £1.5bn Growth and Create 23,000 Jobs

17 Oct 2011 A new nationally operated Manufacturing Advisory Service will focus on helping small and medium sized manufacturers to grow, Business Minister Mark Prisk announced 14 October 2011.

Quarter day – Retail Rent Due

29 Sep 2011 These are the 4 days in the year when certain payments are due eg rent for the next quarter paid in advance. Landlords put further pressure on businesses already dealing with slow sales while shoppers are saving. Large retailers, such as Asda, Tesco, Morrison and Sainsburys are doing what they can fighting back with a price war to win the shoppers business.

Booming passenger numbers drive record revenues at Virgin Trains

18 Aug 2011 Virgin Trains 07/08/11 announced record sales of £753 million for the year to March 2011 as booming passenger numbers reached more than 28 million and drove ticket sales faster than any other UK train operator.

18 Aug 2011 Virgin Trains 07/08/11 announced record sales of £753 million for the year to March 2011 as booming passenger numbers reached more than 28 million and drove ticket sales faster than any other UK train operator.

Government accepts Pay Review Body recommendations to freeze pay above £21k pa

21 Mar 2011 Today the Government has accepted the recommendations of Pay Review Bodies for public sector pay awards for 2011-12. In line with the announcement made in the June Budget, public sector workers covered by the Bodies earning £21,000 or less will receive a pay increase of £250 for 2011-12.

Unsecured loans from 3.6% flat?

10 Dec 2010 Funding Circle is an online marketplace that enables small businesses to borrow £5,000 to £50,000 directly from people, sidestepping the banks (moving up to £100,000 in 12 months).

The cloud promises Business Continuity Solutions for SMEs

16 Nov 2010 Recent figures from the London Chamber of Commerce* suggest that 20% of all companies will suffer some form of disaster – of those without a continuity plan, 43% will never re-open, 80% fail within 13 months and 53% of claimants don’t recoup losses incurred by a disaster.

HMRC: on the offensive!

10 Nov 2010 The HMRC landscape has changed considerably in recent years and we believe it is fair to say that it remains in a high state of flux!!

Google Analytics Data Not Reporting?

3 Nov 2010 Global businesses have found no data for 02/11/10 in their analytics reports. The software tracks visitors and data. Many companies rely on this for decision making and site improvement. Time to introduce an alternative paid for data collecting service as a back up? Twitter has been hit by users who are afraid they may lose their website data.

More News

Overdraft Funding Levels versus Invoice Finance, Invoice Discounting & Factoring

28 Oct 2010 There has been much talk in the press recently about the need to increase lending to UK businesses, a small survey was recently undertaken to determine what was happening to overdraft lending to a random sample of 100 SMEs (Small and Medium Sized Enterprises).

UK Government publishes draft legislation on the Bank Levy

21 Oct 2010 Financial Secretary to the Treasury, Mark Hoban MP, announced today the publication by the Government of draft legislation on the Bank Levy, which was announced in the June Budget.

Get online week 2010

18 Oct 2010 National Get online week is set to take place 18 – 24 October. It’s the fourth year of the ‘Get online’ campaign, which has grown from a Get online day in October to a full week of activity. The first Get online day got 10,000 people online for the first time, and it’s expanded to the point where this year the aim is to get 80,000 people into nearly 3,000 Get online week events across the country.

Quangos – “quasi-autonomous non-governmental organisations”

15 Oct 2010 What are Quangos? – the answer is “quasi-autonomous non-governmental organisations” – they are arm’s-length bodies funded by Whitehall government departments but not run by them.

Manchester Finance Companies to join forces

13 Oct 2010 Ashley Commercial Finance Limited is to be acquired by Ultimate Finance Group plc. Ultimate, the AIM-quoted factoring, invoice discounting, trade finance and asset finance company, has today (12 October 2010) announced that it has conditionally agreed to acquire Ashley.

10% of businesses with annual turnover of £1 million or more look to borrow £1.97 billion from banks

13 Oct 2010 Research from Investec Bank reveals that between the middle of June and September this year, 10% of businesses with an annual turnover of at least £1 million planned to borrow on average £98,560 each from banks or collectively £1.97 billion. This is roughly about the same as for the previous three month period.

Over-50s apprentices bust the myth of learning-shy older people, says Age UK

6 Oct 2010 As the sixth series of the popular talent show, headed by Sir Alan Sugar and supported by Karren Brady and Nick Hewer on the Board, The Apprentice kicks off on BBC 1 – with the oldest participant aged 31 – new figures released by Age UK show apprenticeships of people aged 50-plus have nearly doubled, dealing a major blow to the stereotype that people in later life are reluctant to learn new skills.

Start your own health club at work, with FREE Advice from The British Heart Foundation

24 Sep 2010 More than 1 in 3 workers too embarrassed to be seen breaking a sweat – Over half chained to their desks for most of the day..