News Centre

Report warns more than one in four shops could close in next decade

Tens of thousands of shops could close and the retail industry could lose almost a million jobs by 2025, according to a new report.

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Increased Pressures for Dairy Farmers

There have been various articles in the press over the weekend highlighting the difficulties faced by dairy farmers. Milk prices have remained under pressure as the supermarkets continue to use milk as a loss leader.

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Insolvency risk falls for industries in the North East

The risk of businesses facing insolvency has fallen in six of ten key industries in the North East over the past year and three of the other four have remained steady. Research from R3, the industry body for business recovery professionals, supported the view that the economy in the region was gradually recovering.

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Small businesses in London have lowest energy bills in UK

The majority of smaller businesses would like to improve their productivity but many lack the knowledge of how they could potentially use technology to do so, according to a new study.

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UK gas and petroleum companies at greater risk of insolvency

R3, the association of business recovery professionals, has warned that the number of petroleum and gas extraction companies based in the South East that are at risk of insolvency has risen for the second month in a row.

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Alternative finance passes £3 billion mark in 2015

The alternative finance market in the UK almost doubled in 2015, according to a new report. Research from the Cambridge Centre for Alternative Finance and Nesta found that the sector grew by 84% over the year to hit £3.2 billion in investments, donations and alternative format loans to business.

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Self-employment review comes up with 10 recommendations

A new self-employment review has concluded that more should be done to help entrepreneurs and self-employed business owners in the UK.

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UK retail crime costs reach a record high

The annual cost of retail crime to British businesses hit a new high in 2014 - 2015. According to the British Retail Consortium’s Retail Crime Survey 2015, the direct cost of crime to the UK retail industry rose to £613 million. This was a rise of 2% over the previous year and the highest total since records began.

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Sex discrimination cases continue to cost businesses in the UK

Many firms in the UK are costing themselves large sums in Employment Tribunal Awards by breaking workplace discrimination rules, according to new figures.

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Moorfields appointed Receivers over Farm Site in Durham

On 11th February 2016 Simon Thomas and Arron Kendall, Agriculture specialists from Moorfields, were appointed Joint LPA Receivers over High Grange Farm, West Street, Hett.

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UK businesses at risk to volatile currency markets

Many UK SMEs are failing to protect themselves against fluctuations in the currency markets, according to a new report from Reuters.

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Lending to small business improves but problems still remain

Bank lending to small businesses has grown for the first time since the financial crash but problems still remain, according to a new report.

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Cyber-attacks could have a serious effect on SME's reputations

It might be an intangible asset but the reputation of any business can have a huge bearing on that company’s ongoing success. In a new survey, 93% of small business owners said they thought about their company’s reputation frequently or all the time.

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Only a third of small businesses have professional indemnity insurance

Just over a third of UK small businesses and sole traders are protected by professional indemnity insurance, a new survey suggests.

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More than 12,000 shops have stood empty for three years or more

There has been a sharp rise in the number of retail premises in the UK that have been left vacant for three years or more. The overall proportion of empty shops has declined but the increase in long-term vacancies suggests that, once empty, many shops become harder to let.

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Small businesses chasing late payments with CCJs

Small businesses in the UK are increasingly turning to legal measures in an attempt to reclaim bad debt, new figures suggest.

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Half of SME owners are stressed but they’re also happier

Half of small business owners in the UK are more stressed now than they were in previous jobs, a new survey has revealed. The study, commissioned by Instantprint, found that worries and work commitments could lead to a lack of sleep and missed medical appointments but SME owners were happier owning their own businesses.

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Corporate insolvencies fall but firms must be watchful

Company insolvencies fell to their lowest level since 1989 last year, according to the latest figures released by the Insolvency Service. However, firms should remain watchful should the situation change.

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Small businesses see a huge rise in cyber-attacks

Almost three quarters of SMEs in the UK reported experiencing a security breach over the past year, according to the latest Government Security Breaches Survey.

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44% of SMEs believe they are not at risk of cyber-crime

Almost half of all SMEs in the UK said they do not believe they are at risk of becoming the victims of cyber-crime, according to a new survey. This could put them at serious risk if they fail to take adequate steps to protect themselves against attacks.

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