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This week, John McDonnell announced at the Labour Conference his vision for Britain to work the shortest hours in Europe within a decade if the Labour party come to power. What is being proposed? Labour are proposing a 32 hours (or four day) working week, with no reduction in pay

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Octopus Energy Merger Talks with Co-op Energy

Octopus Energy looks to acquire Co-op Energy

London based Octopus Energy are looking to get their tentacles on Co-op Energy, with reported merger talks taking place. Octopus Energy is rapidly growing with more than 800,000 domestic and business energy customers. According to The Sunday Times, these talks could result in Octopus Energy acquiring “some or all” of

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How Profitable are UK Companies

Today the Office of National Statistics has released its much-anticipated report on the profitability of UK businesses between January to March 2019. With uncertainty surrounding Brexit, and rumours that UK companies have already seen their profits impacted by the decision to exit the EU – do the results measure up

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2018 small business tax return – small business owners file 24/7 to meet deadlines

Small business tax return pressure heating up as final deadline draws closer Sole traders and small business owners find themselves filing self assessment tax returns 24/7 in order to meet the deadline set by HMRC. Failure to file your small business tax return by 31st January 2019 will result in

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Relying on invoices being paid on time to keep a healthy cash flow? Find out how you could release up to 100% of unpaid invoices with a quick turnaround in under 2 days. Whether it's £5,000 or £1 million, invoice finance could be what you've been looking for Learn how

Why are business leaders calling for a tax break?

Business leaders across the UK have called on the government to advance a tax break for small to medium-sized businesses who are spending in productivity technology. According to the Institute of Directors (IoD), they believe a new Enhanced Capital Allowance would push business leaders to invest in the correct technology,

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Are politics limiting your SME?

According to research conducted by trade finance data supplier, Coriolis Technologies, SMEs across the UK are missing out on opportunities due to politics as opposed to economics. The report revealed that trade wars and political tensions between the UK and other countries is causing more of an adverse effect on

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How can you unlock cash from your invoices?

New changes in the law could help small to medium size businesses unlock cash that is delayed in their invoices. Ministers have revealed their plans to stop contract terms that prevent SMEs working for bigger businesses raise finance for invoices that are delayed by them. The clauses are routinely introduced

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Commercial mortgage Did you know that you may be able to borrow up to 100% of the purchase price of a property with a commercial mortgage? Buy-to-let and commercial properties are covered either singularly or as part of a portfolio... Learn how

Are you closing the door to business because of digital barriers?

According to recent research conducted by MyLegalAdviser.co.uk, 60% of UK SME law firms are hiding away from £7.5 billion worth of business due to a lack of or no online presence. Between businesses and consumers in the UK, a grand £21 billion is spent a year on legal services with

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Has your SME been hit by online scams?

Almost half a million SMEs within the UK have felt the effect of cyber-led scams this year. Recent research from Lloyds Bank revealed that this year there has already been a 58% climb in cyber related crimes – however, the report only relates to fraud which implies that the scale

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Does your SME have international ambitions?

SMEs within the tech sector are being asked by investors whether or not they have any international ambitions before any commitment to funding. According to a new UK Business Angels Association (UKBAA) report, 4.2 million investors have admitted that they would be more willing to invest in businesses within the

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