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The news section on Small Business UK allows you to keep up to date with the latest news, economic trends and regulatory developments affecting new and established UK small businesses.

FPB: Keep records to avoid fine

The Forum of Private Business is warning small firms to keep proper financial records or face fines in excess of £3,000.

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Government scraps retirement age

The government has confirmed the Default Retirement Age will be phased out from April this year.

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Employees think bosses live the good life

Almost a third of employees think the boss of their firm has an extravagant office, research finds.

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SMEs concerned about squeezed profits

Pressure on profit margins and the VAT increase are seen as the biggest threats for 2011 by small business managers.

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FSB: Save SMEs from fuel duty hikes

The government must deliver on its pledge to moderate petrol prices to ease the burden on small firms, insists the Federation of Small Businesses (FSB).

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HMRC warns of corporation tax changes

HM Revenue & Customs (HMRC) has issued an urgent alert about important changes to corporation tax.

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Government grant scheme expanded 

The government has announced that the New Enterprise Allowance scheme is to be expanded with the aim of creating up to 40,000 new businesses over the next two years.

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FSB: Let’s boost economy with targeted VAT cuts

Targeted VAT cuts would help stimulate economic growth, according to the Federation of Small Businesses (FSB).

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Government grant scheme expanded 

The government has announced that the New Enterprise Allowance scheme is to be expanded with the aim of creating up to 40,000 new businesses over the next two years.

News

FSB: Let’s boost economy with targeted VAT cuts

Targeted VAT cuts would help stimulate economic growth, according to the Federation of Small Businesses (FSB).

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Businesses skimp on pension provision

Two-thirds of businesses in the UK do not offer a pension scheme to employees, according to research.

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SMEs fear VAT hike

More than two thirds of companies expect to suffer from today's VAT rise.

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CBI: Growth will be slow

The Confederation of British Industry (CBI) has warned of a sluggish rate of economic growth at the start of 2011.

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SMEs contribute more to national business turnover than FTSE 100

Small and medium-sized enterprises (SMEs) account for £1.6 trillion of total national business turnover, greater than the whole of the FTSE 100.

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