UK/Ireland Small Business News Round-up – 22/02/2008

Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from the United Kingdom and Ireland:

  • EC cuts euro zone growth forecasts – Euro zone economic growth is expected to slow to 1.8 per cent this year from 2.7 per cent in 2007, and inflation should stay well above the European Central Bank target, the European Commission (EC) said today.
  • Credit crisis turmoil claims new victims – Losses resulting from the credit market turmoil – until now largely limited to the world’s biggest investment banks – are starting to be felt much more widely, by wealthy individuals, local government and even sports teams, presaging a new and potentially litigious phase in the crisis.
  • Office waste cost UK business £15bn, campaigners say – Campaigners are taking a giant rubbish bin to the streets of London today to highlight how much waste is generated in offices in a single day.
  • FSB calls for Peers to save small retailers – The Federation of Small Businesses today called on Peers to support the Retail Development Bill, which will receive its second reading in the House of Lords today.
  • FSB urges integrity of Camden Market re-development – With up to three hundred small businesses having suffered in last weekend’s catastrophic fire at London’s famous Camden Lock Market the Federation of Small Businesses (FSB) is warning that the subsequent re-development needs to retain integrity and loyalty to the small business owners affected.
  • Invest in telecoms without breaking the bank – With research showing that, struggling to compete with bigger businesses, small firms spent more last year on IT and telecommunications than in 2006, the FPB is advising members to take advantage of the savings available through its partnership with Chess.
  • FPB joins campaign against road pricing in Manchester – The FPB is warning that a proposed road-pricing scheme in Greater Manchester will prove disastrous for many smaller businesses, which could struggle to find the money to pay it. In addition, it is likely to deter potential entrepreneurs from setting up business in the region.
  • FSB Conference 2008 attracts big speakers – Boris Johnson (Conservative), Brian Paddick (Liberal Democrat) and Sian Berry (Green Party) will all undergo a grilling in a London Mayoral Question Time session at the Annual Conference of the Federation of Small Businesses’ (FSB). Present Mayor Ken Livingstone has also been invited and is expected to attend. The Mayoral Question Time will be independently chaired by the former news presenter, Moira Stuart.
  • Entrepreneurs’ attitude towards work’ determines their success‘ – ‘Focus’ and a ‘realistic’ approach are essential for a successful home business, according to BT Business.

As always this list is not exhaustive, but I hope it will give you a little overview. — ST.

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