Valentines Day

Businesses Kiss Goodbye £8.72bn Managing Expenses

Businesses Kiss Goodbye £8.72bn Managing Expenses

UK small businesses kiss goodbye £8.72bn every year by just managing expenses, it’s been revealed on Valentine’s Day. A survey of 1,200 small firms, conducted by Soldo and YouGov, has revealed that employees who work for smaller enterprises spend just over four hours a week completing financial admin, including invoicing, accounting, expenses, budgeting and forecasting. While money can’t buy you love, the resources in real cash terms needed to complete the management of expenses actually equals billions of pounds. When respondents were asked to identify particular struggles, day to day cash flow management was signaled by 15% as being a significant problem – with the smaller the business, the more likely they’d struggle. Just last week, it was revealed that 35% of small firms waste t... »

Loved-Up Consumers To Spend £28m On Red Saturday Alone

Loved-Up Consumers To Spend £28m On Red Saturday Alone

Loved-up UK consumers will spend an extra £28m this Saturday 4 February as the annual Valentine’s Day rush begins. According to figures from eHarmony, the period from ‘Red Saturday’ up until Valentine’s Day (Tuesday 14 February) will see over £700m spent on flowers, cards, chocolates and various gifts – with the average lover kissing goodbye to £22.58 on gifts. Scots appear to be the most romantically inclined, with an average spend of £31, compared to Londoners (£26) and those in the North West (£23) – while the Welsh and those in the West spend just £17. While it’s long been believed that money can’t buy you love, UK shoppers don’t seem to think so with 13% more people saying they’ll buy something for that special someone compared to last year. Rachael Lloyd, spokesperson for eHarmony.co... »