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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.

Average wait time to be paid now 31 days

January saw a sharp spike in the length of time clients are waiting to pay overdue invoices to small businesses

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Four-day work week found to boost revenue

A six-month experiment of a four-day work week was found to be successful by nine in ten participating companies, boosting revenue and decreasing staff turnover for many.

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Nearly 60% of businesses face going under

Six out of ten business owners consider throwing in towel, buffeted by inflation, soaring energy bills and an economy heading into recession

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Government proposes to revamp R&D tax credits for small businesses

A consultation document from the Government published on Friday acknowledged there was “merit to the case for further support” to small and medium-sized businesses

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Sunak eyes plans to entice over 50s back to work

The Government is looking at plans to encourage the over 50s and long-term sick back into work, but won’t budge on immigration

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How the new energy support scheme will work for SMEs

The Government has announced the Energy Bills Discount Scheme, which will replace the current energy support from April. Here are the details

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50 shops closing a day in the UK

Number of shop closures across the country hits five-year high with up to 18,000 expected to close this year

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Small firms forced to use savings to survive

Investec research shows that SMEs are running down their savings to keep their businesses afloat in the face of rising costs

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50 shops closing a day in the UK

Number of shop closures across the country hits five-year high with up to 18,000 expected to close this year

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Small firms forced to use savings to survive

Investec research shows that SMEs are running down their savings to keep their businesses afloat in the face of rising costs

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Brexit is not working, say small businesses

Nearly 80% of firms that trade with the EU say that the current Brexit deal is not helping them increase sales or grow their business

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Hunt delays details of business energy support extension

Chancellor wants more time to design replacement of current Energy Bill Relief Scheme – leaving millions of small businesses in limbo

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Energy cost support to be extended for all businesses

Previously Government said energy cost support for businesses would only be extended for ‘vulnerable’ sectors post March 31 2023

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Apply for this £5,000 software discount before February

The Government is closing its flagship Help to Grow: Digital scheme in February 2023. Apply for your software discount before the deadline

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