A new small business commissioner will help small businesses to tackle the increasing problem of unpaid debts and to tackle the nearly £30bn that it costs small businesses in chasing late payments. The move has been widely praised, although groups have said that it needs to be a high profile position and that the help […]

Figures released by the Insolvency Service show that the number of individuals that have declared insolvent has dropped to a ten year low, and also said that the number of businesses that have declared as being insolvent has fallen to the lowest figure in seven years. The news has been attributed to a strengthening of […]

Prime Minister David Cameron has announced the new members of the Business Advisory Group, which will meet quarterly to discuss industry concerns over policies and governmental issues. The group will discuss a wide range of topics, including the renegotiation of terms between the UK and Europe, as well as financial and business related matters. The […]

Official figures show that, despite a slow first quarter, GDP grew 0.7% in the second quarter. Growth over ten consecutive quarters means that this is the third longest spell of growth since 1955 and senior figures have said that we are “motoring ahead” and that “we’ve rarely had it so good.” However, despite the positive […]

An increase in the amount of overdraft repayments made by large companies has seen the total outstanding loans to UK businesses fall by £5.5bn in June; following 6 months of increases averaging £0.2bn per month. The figures were flat for small to medium sized businesses, which means that the fall was concentrated primarily on large […]

The introduction of the Alternative Business Structure was one that was initially met with limited action and movement on the part of companies. However, it has begun to pick up pace and organisations ranging from breakdown companies to brand extension companies have applied for and been granted ABS licences. Tesco is one of the biggest […]

Claimants and consumer groups have started the process of challenging new government legislation set to introduce lower personal injury fixed costs. Critics opposed to the new system claim that smaller claims will be disadvantaged although there are those that believe larger claims will become quicker and easier to manage. Two groups, the Association of Personal […]

In an unusual move, Italian boutique law firm the Employment Law Plant (hELP) has expanded and added a new London office to its expanding network of bases. It is not uncommon for large European firms to add a London office but hELP is a relatively small business and expanding to include a London office is […]

The Welsh Government has published the Flood and Water Management Act 2010 (Commencement No. 8 and Transitional Provisions) Order 2012 (SI 2012/2048). This order brings into force section 42 of the Flood and Water Management Act 2010 on 1 October 2012, in relation to sewerage undertakers whose areas are wholly or mainly in Wales. Section […]

The Department for Communities and Local Government has published the results of Sir Adrian Montague’s review of the barriers to institutional investment in private rented homes. The review was commissioned as part of the government’s Housing Strategy launched in November 2011. The review considered how to increase investment in private rental properties. The report makes […]