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:
- Think tank says small businesses will be ‘drivers of the recovery’:A think tank has urged a radical rethink of the Government’s financial strategy, including a call to break up the banks, split retail and investment banking, and provide a lot more support for small companies, who provide most private sector jobs in the UK
- Increasing redundancy payouts could backfire on small business, warns business lobby group: The FPB is warning that a plan to increase redundancy pay to help workers laid off as a result of the recession could backfire, forcing businesses to close rather than attempting to recover and grow, adding to unemployment and leaving the taxpayer to pick up the bill.
- FSB calls on local authorities to listen to business: The Federation of Small Businesses (FSB) today celebrated a new agreement given by local authorities to include small businesses in decision-making.
- 3% increase in VAT registered companies: Estimates of the number of enterprises registering and de-registering for VAT in 2007 have been published by the Department for Business, Enterprise and Regulatory Reform (BERR). The stock of VAT-registered enterprises at the start of 2008 has also been released.
- Small business sees costs fall as deflation bites: SMALL businesses in Scotland are benefiting from deflation, but not to the same extent as firms south of the Border, according to new research.
- Small business costs are falling:Operating costs for small business have fallen significantly, according to figures out today from insurance firm More Than Business
- Jobless Brits face influx of foreign IT workers: Small business organisation the British Chamber of Commerce has increased its predicted unemployment figures – it expects 3.2m people in the UK to be looking for work in the second half of next year – or just over ten per cent of the workforce.…
- Business confidence on the rise: The latest Business Trends report by business advisors and accountants, BDO Stoy Hayward, suggests that both short and medium term business confidence has risen for the first time in 13 months.
- Small businesses outraged at plans to tax their own car parking spaces: Small businesses are outraged at the Government’s plans to tax them for using their own car parking spaces. Under the Transport Act 2000, local authorities have the power to introduce Workplace Parking Levy (WPL) schemes, allowing them to charge firms which provide employees with private parking.
As always this list is not exhaustive, but I hope it will give you a little overview. — ST.