The Chancellor has launched a new consultation to look at how the growing number of alternative funding platforms could help small business owners who have been rejected by traditional lenders.
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Small Business News
New FCA rules which will restrict the amount of money novice investors can inject into crowdfunded businesses to a mere 10% of their assets have received a mixed reaction from the investment community.
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Here are the main points from today’s Budget, specifically as they relate to small businesses.
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With the help of some industry commentators, we look at the measures the Chancellor is likely to announce when delivering his latest Budget on March 19th, and how they may affect small company owners.
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A major new study, carried out by the Centre for Entrepreneurs and DueDil, claims that migrant business people are behind one in seven limited companies in the UK.
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More business owners than ever are running their firms without applying for external sources of finance, according the latest edition of the SME Finance Monitor.
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Following three years promoting the cause of start-up businesses, The Centre of Entrepreneurs is to take over running the StartUp Britain campaign from next month.
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The 2014 edition of the Global 500 – a list of the most valuable brands in the world – has been released, and makes fascinating reading. It includes dozens of British brands – and reflects the varying fortunes of big businesses over the past year.
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New research shows that, despite increasing confidence in the economy, only a minority of business owners would consider applying for a bank loan to fund growth this year, and instead would prefer to spend their personal savings.
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New figures, released by Startup Britain this week, reveal which of the UK’s postcodes are the most entrepreneurial – and some of the results are quite surprising.
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A new Government initiative aimed at helping promote start-ups, with the help of expert advice, has been launched this week. The ‘Growth Vouchers Programme’ will provide up to 20,000 new businesses with up to £2,000 of support and subsidies in a trial to determine the importance of business advice on start-up growth.
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New figures show that amount of assets seized from the self-employed by HMRC, using its controversial powers of ‘distraint’, has reached a new high.
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The Public Accounts Committee (PAC) has released a report providing recommendations on how to improve the funding options available for small businesses, and suggests the Government provides a more ‘coherent’ strategy when it comes to introducing new funding initiatives.
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If you’re self-employed, a company director, or have to fill in a tax return for any other reason, you have just 10 days left before the annual self-assessment deadline arrives on 31st January.
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A major study of the country’s SMEs, by Baker Tilly, concludes that while most small business owners are optimistic about growth in the coming year, many seem unprepared to take the risks required to help create an even economic recovery in the UK.
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Funding Circle, which offers peer-to-peer loans to businesses has lent over £200 million to UK businesses in just over 3 years, as the crowdfunding industry looks set for a bumper 2014.
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The laws governing libel and slander actions in England and Wales have received an overhaul thanks to the Defamation Act 2013 which came into effect last week.
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Given its economic strength, and significantly larger population, it is hard to imagine the UK’s economy overtaking Germany’s any time soon. But, that’s exactly what one respected independent think-tank believes will happen by the end of the 2030.
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Following recent news that a record number of people set up on their own in 2013, we decided to delve further into the official business population statistics to find out how many businesses are currently operating in the UK.
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New business formation data shows that 2013 has been a record-breaking year for start-ups, with over 520,000 new businesses expected to have been formed by the end of the year
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