UK/Ireland Small Business News Round-up – 07/11/2008

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:

  • Business Idea Of The Week: Special Events Videos: OnlineOffice_business_ideas.png If you enjoy making videos of family gatherings and special occasions then you should consider this business idea. Many people choose to hire someone to film the event so that they can concentrate on participating in it. Once you have the equipment needed you could cover any type of event, ranging from corporate functions to band gigs and weddings.
  • Many small businesses will emerge from the downturn stronger than before: The coming months look certain to bring more turmoil. Even if events do not turn out to be quite as cataclysmic as those of recent weeks, it is still highly likely that we will – in the words of the Chinese proverb – live in interesting times.
  • FSB tells government committee: Banks and big business must act now to save small businesses: Small businesses are still being overlooked by big business and banks despite promising proposals from the Government, the Federation of Small Businesses (FSB) told the Business and Enterprise Select Committee today.
  • Small business delegates gather in Belfast: More than 1,000 delegates from the small- and medium-sized business sector across the globe are meeting in Belfast today to discuss how to maintain their competitiveness in the current economic downturn.
  • FSB calls for interest rate cut: The Federation of Small Businesses (FSB) is calling for an interest rate cut to save millions of small businesses across the country as the Bank of England’s Monetary Policy Committee starts its meeting tomorrow (05 November).
  • Gordon Brown snubbed over rate cuts as EU warns slump will hit UK hardest: Gordon Brown’s attempts to promote himself as the man to lead Britain through the economic crisis suffered a double setback yesterday as banks warned they would not pass interest rate cuts on to customers and the EU said the recession would hit the UK harder than any other country in Europe.
  • UK Banks Must Apply For SME Euro Funds:An increase in funds available to small business has been announced by the European Investment Bank (EIB). The EIB aim to increase the funds available by £4bn over the next four years.
  • Landlords hit back at empty property tax: Small businesses are threatening a revolt against Government rates imposed on vacant commercial properties by demolishing them or refusing to pay up
  • UK slowdown crippling small businesses north of the boarder: SCOTLAND’S small businesses are the second-worst hit by the slowdown in the UK with many crippled by rising costs and poor cash flow, a report will warn this week.

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

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