Managing costs

National minimum wage to rise to £6.70

The national minimum wage for adults will increase by 20p to £6.70 on 1 October 2015, the government has announced.

Small costs result in big expenses for SMEs

SMEs owners often underestimate the small day-to-day costs of running a business, research by AXA has suggested.

Raise minimum wage, says LPC

The national minimum wage should be increased by 3% in October 2015, according to the Low Pay Commission.

Firms affected by late payment

More than three quarters of businesses suffer from late payments, according to research by Bacs.

Freelancers optimistic for 2015

The freelance sector will grow during 2015, according to new research by the Association of Independent Professionals and the Self Employed.

Red tape cuts save businesses billions

Government cuts to regulation have saved British businesses £10 billion over the past 4 years, the Department for Business, Innovation and Skills has announced.

Employment costs for small firms revealed

Small businesses pay an average of £35,500 to hire their first employee, according to research by the Centre for Economic and Business Research and the Federation of Small Businesses.

Shop prices fall 1.8% in September

Shop prices fell by 1.8% in the year to September 2014, according to figures from the British Retail Consortium and Nielsen.

Business insolvencies fall

Business insolvencies fell nearly 7% in the second quarter of 2014 but personal bankruptcies rose significantly, latest figures from the Insolvency Service have revealed.

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