Small business news - January 2020

UK SMEs stockpile £86 billion of surplus cash

Small and medium-sized firms in the UK have accumulated £86 billion of cash and they are keeping it in current accounts that pay little or no interest...

Date: 21 January 2020 By:

Woman using online banking

Most small firms wary of Open Banking

A new survey by the Federation of Small Businesses (FSB) has found that business owners are worried about sharing banking data electronically, despite the benefits...

Date: 14 January 2020 By:

Has the UK economy hit bottom yet?

The latest quarterly economic survey by the British Chambers of Commerce has found "protracted weakness" across most indicators of economic health in the final quarter of 2019...

Date: 2 January 2020 By:

Laughing barista giving paper bag to customer at coffee shop

National Living Wage to increase by 6.2%

The government's acceptance of the Low Pay Commission's 2019 recommendations means that the NLW will reach the target of 60% of median earnings in April 2020...

Date: 31 December 2019 By:

Do you need a career reboot in 2020?

New research has found that half of UK employees fear they're in the wrong job; while a survey of freelancers has found many are lonely and stressed...

Date: 17 December 2019 By:

Young mixed race woman smiling while standing in the door of her cafe with her arms folded proud to be the owner of a small business

UK business population hits new heights

As 2019 draws to a close, the latest government statistics show that the total number of businesses in the UK has risen to 5...

Date: 17 December 2019 By:

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