Category Archives: SME News

SMEs Should Consider Switching Water Supplier

Over half of SMEs are unaware that they can switch their water retailer according to Populus research. We all rely on water, but busy micro, small and medium sized enterprises (SMEs), face an ever-increasing number of demands on their time, … Continue reading

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Employees Spend Over 10 Hours a Week Procrastinating

Rebootonline.com carried out a study of 865 office workers, laying bare the hours and the cost of time people spend procrastinating at work. Overall it was revealed that this expensive drain is costing companies £8,851.14 per employee annually. It was … Continue reading

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SMEs Given Access to Millions in Export Support Through New Governement/Bank Partnership

UK Export Finance (UKEF), the UK’s export credit agency, has announced plans to help more businesses, both exporters and supply chain SMEs, access financial support through their banks. UKEF will partner with five of the UK’s biggest banks to deliver government-backed financial … Continue reading

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Research Shows SMEs Need to Embrace New Payment Methods

Research by Barclaycard has revealed that SMEs reluctant to adopt new payment methods are losing out on business, online and in store. Customers The research shows that nearly half of all millennial shoppers (18-34 year olds) prefer to pay with … Continue reading

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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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