Britain’s “terrible” employment laws are undermining economic growth and should be overhauled, according to a report commissioned by David Cameron which has been conducted by venture capitalist Adrian Beecroft.
Research published today shows that almost half of UK Small and medium sized businesses are holding on to investable cash not needed in their day-to-day operations.
A new nationally operated Manufacturing Advisory Service will focus on helping small and medium sized manufacturers to grow, Business Minister Mark Prisk announced today.
The annual Barclays Business Regional Impact Index has revealed which regions in Britain benefit most from the contributions of their small businesses and crucially, the role they are playing in boosting recovery across the country.
The London Entrepeneurial Exchange, the Voice of UK entrepreneurs warns that initiatives announced so far are not enough and demanded targeted action to help small business.
The European Commission has presented its 2010 small and medium-sized enterprises report “Are EU SMEs recovering from the crisis?” and it is positive reading from a UK perspective.
Businesses have today been called upon by ministers to help tackle employment related law, bureaucracy and red tape in the latest phase of the Employment Law Review.
There is very positive news out today as the latest Insolvency Index, from business risk specialists Experian, has revealed that the rate of insolvencies dropped to 0.08 per cent in August, its lowest point since February.