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Entries from November 2013

SMEs React Badly To ‘Mini Budget’ VAT Cut

Mary Thomas - Tuesday 25.17.08, 14:40pm

Small business owners are perplexed by the governments VAT reduction introduced by Alistair Darling in yesterdays so called ‘emergency mini budget’.
The chancellors call to stimulate spending by cutting the VAT rate to 15% until the end of the 2014 is almost laughable, in fact it would be funny if it did not entail so much [...]

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Tags: Cash Flow · Retail · SME · Small Business · UK Economy

SMEs Need Payment Support Not More Lending

Mary Thomas - Monday 24.17.08, 15:49pm

Once again it would seem that the government has got it totally wrong regarding it’s proposed help for SMEs, as a recent poll by the UKBusiness Forum shows that only 8% of small businesses believe that forcing banks to lend to SMEs would make it easier for them to remain competitive.
What most small businesses would prefer [...]

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Tags: Cash Flow · Retail · SME · Small Business · UK Economy

Government To Underwrite SME Loans

Mary Thomas - Thursday 20.17.08, 10:51am

The Financial Times reports that chancellor Alistair Darling is set to introduce new measures aimed at helping small businesses secure finance during the economic downturn.
The report suggests that Darling is preparing measures that will underwrite  new loans to small business and by extending tax payer guarantees to the banks that lend money to SMEs.
Increased funding  [...]

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Tags: Banking · Cash Flow · Funds & Subsidies · SME · Small Business · UK Economy

Insurance Comparison Website Aimed At UK SMEs

Mary Thomas - Wednesday 19.17.08, 17:04pm

The Caerphilly based commercial insurance broker, Moorhouse Group has expanded it’s online insurance comparison site to offer a full range of cover to the SME market.
The website was launched in February last year, initially as a one stop insurance shop aimed at the construction industry, but recently the comparison site has been upgraded to cover the [...]

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Tags: Business Insurance · SME · Small Business · UK Economy

Post Office To Retain Card Account As Labour Backtrack (Again!)

Mary Thomas - Friday 14.17.08, 15:29pm

It seems that common sense has prevailed in the Post Office Card Account fiasco, with the government Works & Pensions minister James Purnell seemingly bowing to pressure from all corners and confirming that the current contract with the Post Office will be renewed.
The decision comes two weeks earlier than expected, following criticism that delays were [...]

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Tags: Banking · SME · Small Business · UK Economy

Small Business Finance Forum Launch By Government

Mary Thomas - Thursday 13.17.08, 14:04pm

The Small Business Finance Forum has been set up by the governments business secretary Peter Mandelson, in a bid to monitor how high street banks treat SME business lending.
Following the first meeting of the Forum it has emerged that the UK’s high street banks have agreed to furnish the business secretary with data determining the [...]

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Tags: Banking · SME · Small Business · UK Economy

UK SME Wiggly Wigglers Wins Dell Global Award

Mary Thomas - Tuesday 11.17.08, 18:15pm

Back in September we reported that UK SME Wiggly Wigglers emerged as the winner of the UK Dell Small Business Excellence award. Part of the prize for winning that award, was to go on to the World finals of the competition.
Innovation and leadership in social media has earned the rural England based natural gardening mail [...]

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Tags: Business Awards · SME · Small Business

SME Kashflow Scoops Software Prize

Mary Thomas - Friday 07.17.08, 14:28pm

The Sift Media Software Satisfaction Awards took place at The Brewery in London this week. These awards are unique in that the results are based on customer satisfaction and not by a judging panel.
The input came via almost 6,000 members of small business campaigners BusinessZone.co.uk, AccountingWEB.co.uk, Finance Week, MyCustomer.com, Finance Week, HRZone.co.uk, TrainingZone.co.uk and UK [...]

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Tags: Business Awards · SME · Small Business · UK Economy

Three Lessons Of Business, Obama Style

Mary Thomas - Wednesday 05.17.08, 20:39pm

On the day that the USA  elected it’s first black president, I have just a short post.
The headline grabber on BusinessWeek suggests that small business owners can learn from Barack Obama’s victory by following these three lessons for business.
1. Clear Vision
2. Clean execution
3. Friends in high places!
Now who do I know?

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Tags: Business Growth · SME · Small Business

UK Banks Must Apply For SME Euro Funds

Mary Thomas - Monday 03.17.08, 18:10pm

An increase in funds available to small business has been announced by the European Investment Bank (EIB). The EIB aim to increase the funds available by £4bn over the next four years.
Despite funds already being available for the UK’s small business owners, British banks must first apply to the EIB to access the finance. This [...]

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Tags: Banking · Europe · FSB · SME · Small Business · UK Economy