News

Our small business news section covers the latest reports, research, stories and updates on regulations that affect the UK’s small and medium enterprises.

Construction sector growth

Steady Growth in Construction Sector

The UK Construction sector has maintained steady growth in the year so far… »

Award for Business Excellence

The 2008 Queen’s Awards for Enterprise are now looking for entries from UK Small Business. To be eligible your business needs to have two or more staff and be based in the UK. The Queen’s Awards for Enterprise are renowned for indicating significant achievement in business excellence but are also a valuable business tool, giving recognition, a sense of achievement, openings to potential new markets, new suppliers and new investors. Winning businesses add commercial value, gain free national press coverage and can continue using their award to promote their business for five years. The three categories for this year’s business Awards are: International Trade Innovation Sustainable Development You can find out more about these business categories at www.gov.uk/queens-awards... »

Millions Lost as Small Businesses Fail to Answer Phones

Millions Lost as Small Businesses Fail to Answer Phones

The mere act of failing to answer the telephone is costing UK companies millions of pounds in lost business… »

One in Five Small Business Owners Previously Fired

Findings from accounting software firm Kashflow sheds light on a fact that connects 20% of the country’s entrepreneurs… Research has revealed that as many as one in five small business owners had been fired from previous jobs before starting up their own business. The research, commissioned by small business accounting software firm, Kashflow, was compiled from the feedback of 1146 businesses across the UK in order to better gauge user needs. The SME survey also found that 44.2% of business owners started up on their own because they were “sick of their jobs and could do better themselves” 37% had recognised a niche idea or found a gap in existing markets 7.6% started their own small business because of redundancy and 5.4% revealed there was no alternative as they c... »

Manufacturing Sees Strong Growth

Small Business News – Monday 3rd September 2007 UK Manufacturers have recorded their best performance figures in over 10 years according to a joint report by the EEF business group and financial firm Grant Thornton. In addition the survey also found that domestic orders have exceeded exports for the first time since Q4 of 2002. Despite the current turbulence in world financial markets, this news is a boost for the UK’s small business sector, although caution is advised. The key findings of the report also include: Strong activity in Q3 Export orders being exceeded by domestic orders Increased strength in investment intentions & employment Improved business optimism for Q4 Revised upward growth forecasts revised for 2007 & 2008 »

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