The government has appointed Liz Barclay as small business commissioner to spearhead the national effort to crackdown on delayed invoices which cause thousands of small businesses to close every year
Smaller businesses can apply for grants of up to £2,000 to help them adapt to new customs and tax rules when trading with the EU with training costs covered
The government has launched a consultation seeking stakeholders’ views on the insolvency rules that set out the detailed requirements for company and individual insolvency procedures in England and Wales to improve their effectiveness
In a record year for closures, 17,532 shops disappeared from Great Britain’s retail locations in 2020, according to PwC research compiled by the Local Data Company (LDC)
The Office for Budget Responsibility has predicted a default rate of 40.4% on bounce back loans and (BBL) and Coronavirus business interruption loans (CBIL) finance to SMEs, with £27.2bn of loans expected to be written off
In this week’s accountancy career moves, partner promotions at BDO, Grant Thornton and Mitchells, new managing director for IRIS software group, and CFO hires
Growing start-ups and encouraging entrepreneurial spirit can only be achieved with the right financial support. Simon Philips, CEO of ScaleUp Capital, examines the key growth factors and how accountants can drive expansion
In the Budget the government extended the Self-Employment Income Support Scheme (SEISS) setting out guidance on two further grants. Croner Taxwise tax advice consultant Pras Patel outlines the changes and wider eligibility criteria
Small business owners are reporting a mental health and welfare crisis as they wage a constant battle to save their businesses, according to a survey from ACCA and the Corporate Finance Network
As banks prepare to calculate annual bonuses for staff, Melanie Stancliffe, employment partner at Cripps Pemberton Greenish, examines the legal risks of substantially reducing employees’ total compensation
Greensill Capital, the major backer of Sanjeev Gupta’s GFG Alliance steel operation in the UK, has gone into administration under ‘severe financial distress’ as funds are withdrawn
The Financial Conduct Authority (FCA) has announced the dates that panel bank submissions for all Libor settings will cease, after which representative LIBOR rates will no longer be available
Business optimism has turned positive for the first time since the global pandemic started in March 2020 according to the RSM Financial Conditions Index
