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Many people dream of starting a business and working for themselves. A recent survey from the Start Up Loans Company revealed that more than 60% of British parents would like to quit their jobs and start their own business. Reasons cited included increased flexibility, the opportunity to be their own boss, the chance to make more money, to turn a hobby or passion into a living and to gain a sense of self-achievement.

Small and medium-sized businesses in the UK are increasingly concerned about their prospects for growth in the coming 12 months, a new survey shows.

Around a third of small businesses are concerned about sales and more than one in ten are worried about access to finance, according to a new survey. However, they are relatively relaxed about issues such as pension auto-enrolment, meeting the obligations of the National Living Wage and attracting and retaining skilled workers.

March saw a record number of solvent companies being liquidated as directors looked to cash-in before tax changes were introduced that could have potentially tripled their tax bills.

The Department for Business, Innovation and Skills (BIS) has published a new consultation paper reviewing the corporate insolvency framework within the UK. According to the department, the review is focused on helping to facilitate company rescue rather than liquidation where this is possible and appropriate.