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Entries from August 2015

Concern Over Workplace Parking Levy

Sarah Bean - Saturday 28.08.16, 06:27am

A leading business lobby group has expressed concern that a workplace parking levy (WPL) will soon be introduced by Councils across the UK.
The Forum of Private Business (FPB) has warned that the WPL, which was begun in Nottingham last year, looks set to spread to other towns and cities.  Under the scheme, business owners could [...]

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Security is Under-Valued

Sarah Bean - Tuesday 24.08.16, 06:31am

The Federation of Private Businesses (FPB) has claimed that banks often under-value properties when assessing them as security for business loans, with the result that small businesses may be charged higher interest rates than necessary, or refused a loan altogether.
Research carried out by the FPB concluded that smaller businesses can expect to pay more than [...]

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One million small businesses dissatisfied with their high street bank, says FSB

Sarah Bean - Friday 06.08.16, 15:45pm

Research shows that over a quarter of small businesses have been dissatisfied with the support offered by their high street bank in the last 12 months.
The Federation of Small Businesses (FSB) latest monthly survey shows that a quarter of all respondents are dissatisfied with the support offered by their high street bank over the last [...]

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FSB welcomes moves to reduce regulatory burden

Sarah Bean - Thursday 05.08.16, 08:44am

The Federation of Small Businesses (FSB) has today welcomed the Coalition Government’s launch of the ‘Your Freedom’ website.
The website, which aims to give the public the chance to nominate the laws they would like to see abolished will also ask which regulations should be removed to make running a business easier.
A third (33%) of small [...]

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New research reveals small firms struggling to access finance

Sarah Bean - Wednesday 04.08.16, 15:47pm

Amid reports that the Government is getting tough with banks for failing to provide affordable lending to small firms, new research from the Forum of Private Business shows that access to finance is worsening.
Business Secretary Vince Cable has hit out as ‘misleading’ banks’ claims that, despite demand for lending being low, approval rates are high. [...]

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Angels Admit To Following ‘Gut Instinct’

Sarah Bean - Tuesday 03.08.16, 15:43pm

Research has shown that Angels Investors (high net worth individuals who invest money and knowledge into companies who require funding) mainly follow their intuition ahead of financial calculations when deciding whether to invest in a company.
In a survey Angels Den conducted with 50 experienced Angels, a staggering 73% said they used their ‘gut feel’ to [...]

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Business insolvencies to leap

Sarah Bean - Monday 02.08.16, 15:52pm

New research conducted by commercial credit reference agency Graydon UK reveals that four out of five credit managers believe that public sector spending cuts will spark a sharp increase in business insolvencies within the next 12 months.
According to the survey, nearly two thirds (64 per cent) of credit professionals anticipate that business failure rates will [...]

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