UK/Ireland Small Business News Round-up – 2009/05/22

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:

  • SMEs see ray of hope: A large proportion of small businesses say they are starting to see the light at the end of the tunnel.
  • Regulations “harming British companies: There is little communication between European Union (EU) and UK regulatory systems for businesses, with the volume of new legislation reducing the competitiveness of firms, says the British Chambers of Commerce (BCC).
  • Health and safety laws ‘restrict businesses: Small businesses find complying with health and safety laws time consuming and costly, with some worried they will be prosecuted by the Health and Safety Executive.
  • Small firms will cut more staff: Small businesses plan to reduce wages, bonuses and staff numbers in the next three months as they continue to struggle to access finance and cope with the recession.
  • New code of conduct ‘may cost small businesses’: Small businesses could pay more in employment tribunals following the introduction of the new Code of Conduct.
  • Small firms given chance to grow: Small businesses in the East Midlands will be given support as the HighGrowth scheme takes on 60 new companies
  • FSB calls for a five per cent flat tax rate on home renovations: Small firms in the construction sector are calling for a lower VAT rate on home renovations while struggling against a backdrop of badly decreasing trade, according to a new survey by the Federation of Small Businesses (FSB).
  • UK’s first Home Enterprise Day announced: The UK’s first ever Home Enterprise Day will be held on Friday, November 20th, as part of Global Entrepreneurship Week. Enterprise Nation will hold its annual conference, where you can expect to hear from inspirational speakers, meet home business owners and be the first to congratulate winners of the 2009 Home Business Awards, announced on the day.

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

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