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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.

Failure rates for UK business

Courier and haulage companies are the most likely to fail in the UK and restaurants and bars are three times more likely to go bust than other UK businesses, reveals research by accountancy group UHY Hacker Young.

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Have-a-go-heroes do more harm than good

A third of employees would try to rectify a data loss problem themselves, risking further damage to computer equipment, says a survey by data recovery firm Ontrack.

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Apprentice launches Bright Ideas Trust

The first Apprentice winner Tim Campbell has launched The Bright Ideas Trust, a fund that aims to give at least £1 million a year to entrepreneurs.

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SMEs unprepared for new phone law

Nearly one in three small to medium-sized enterprises (SMEs) do not have a policy for in-car mobile phone use, meaning they could be liable to prosecution if their employees make business calls from their mobile while driving, says new research by YouGov for communications specialist Jabra.

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‘NetReps’ mar job applications

A growing number of UK employers are judging job applicants on their internet reputations, according to new research.

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Comsumer Credit Act 2006

If your firm is one of the 100,000-plus firms that holds a Consumer Credit Act Licence in the UK, and you have not already taken steps to prepare for the new rules you will be in danger of breaking the law after 6th April 2007, and could face costs of up to £100,000.

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Family support vital for SMEs

Over half of small businesses feel their families provide more support and practical advice than their financial service provider or local business support organisation, according to research from insurance provider Brighter Business.

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New measure against VAT fraud

Measures aiming to make it harder for organised criminals to steal VAT from the UK taxpayer will be introduced on 1 June 2007 by HM Revenue & Customs (HMRC).

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Family support vital for SMEs

Over half of small businesses feel their families provide more support and practical advice than their financial service provider or local business support organisation, according to research from insurance provider Brighter Business.

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New measure against VAT fraud

Measures aiming to make it harder for organised criminals to steal VAT from the UK taxpayer will be introduced on 1 June 2007 by HM Revenue & Customs (HMRC).

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Major ruling on sexual harassment

Small firms are being warned to prepare for new employee sexual harassment rights following a major High Court ruling.

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SMEs urged to stub out unhealthy practice

Employers are being urged by health and safety adviser Croner to use ‘No Smoking Day’ on 14 March to issue a strong message to employees about the health benefits of a smoke-free workplace.

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HMRC cash incentives continue

The cash incentive scheme for employers annual tax returns is set to continue. Businesses with fewer than 50 employees may be eligible for £150 tax-free, if they submit their Employer’s Annual Return online.

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Employees overworked and underpaid?

A total of eight out of ten employees regularly work beyond their contracted hours without pay, according to a survey of 1,083 workers by employment law firm Peninsula BusinessWise.

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