Category Archives: SME News

Is International Trade Slowing Down For UK SMEs?

WorldFirst’s latest Global Trade Barometer shows a significant slowdown in international trade, as UK SMEs transfer 17% less on average per currency transaction in Q1 2017 versus Q4 2016 – a fall from £48,000 to just £39,000. When asked, two … Continue reading

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Brits Don’t Want Gimmicky Work Benefits

According to new research released by global recruitment specialist Michael Page, more than eight in ten (82%) Brits think businesses over-complicate workplace benefits, making them difficult to understand, and hard to use or claim. The survey – conducted among 1,000 … Continue reading

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SMEs Encourage to Apply for Healthcare Sector Business Funding

SMEs in the healthcare sector are invited to apply for a share of up to £12 million to develop innovative ideas that will help to detect, manage and treat disease. The Biomedical Catalyst project, managed by Innovate UK, has up to … Continue reading

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Significant Increase in the Number of Degree Apprenticeships Forecast

A report from Universities UK is predicting a significant increase in the number of people opting for degree apprenticeships in England. Degree apprenticeships – first introduced in 2015 – enable apprentices to split their time between university study and the … Continue reading

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Using Your Voice to Log into Your HMRC Account

HMRC is making it faster and simpler for customers to confirm their identity to access its services however they choose to do it. Customers using the HMRC mobile app can already use their fingerprint to access their information. Now HMRC is introducing technology that will … Continue reading

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SEPA – A New Business Status for Sole Traders Looking to Grow

Sole Enterprise with Protected Assets (SEPA) is a new business trading structure that could help small businesses looking to grow from Sole Trader status, who are not yet comfortable with the reporting responsibilities associated with becoming a Limited Company. SEPA … Continue reading

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New Funding Opportunity for SMEs in the Technology Sector

Businesses are invited to apply for a share of up to £6.5 million to research advanced analytical technologies that could improve business performance. Innovate UK, Science & Technology Facilities Council (STFC), National Physical Laboratory (NPL), LGC and NEL are to invest up to £6.5 million in innovation projects … Continue reading

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Is Your Business Bucking The Gender Pay-Gap?

A new online tool that allows the public to find out the gender pay gap for their occupation has been launched by the Minister for Women and Equalities, Justine Greening. The online tool, created by the government and the Office for National Statistics, … Continue reading

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Is Your Business Ready for the New One Pound Coin?

The Royal Mint is urging businesses to get ready for the new, 12 sided, £1 coin, being released in March 2017. Businesses or all shapes and sizes are being encouraged to visit the New Pound Coin website, providing businesses with … Continue reading

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Targets Set to Reduce Business Red Tape by £10 Billion in Question

The Government set a target to reduce the cost to business of regulation by £10 billion between 2015 and 2020. The Public Accounts Committee has been reviewing progress and its report is damming. So far the government has achieved less … Continue reading

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