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Image for 17 hike insolvencies debt storm breaks

Business | 17% hike in insolvencies as ‘debt storm breaks’

Tough trading conditions have seen the number of company insolvencies in February shoot up to 2,102, 17% higher than a year ago and nearly double pre-pandemic figures

15 Mar 2024

Business

Companies

Restructuring & Insolvency

Image for rd tax firm rdi solutions shutters business

Business | R&D tax firm RDI Solutions shutters business

Chatham-based research and development (R&D) tax claims business RDI Solutions has stopped trading and suspended its website

13 Mar 2024

Business

Companies

Image for covid carry over leave must be taken end march

Business | Covid carry-over leave must be taken by end of March

Any employees with carried over leave from the Covid period will have to take their holiday by 31 March or lose it

12 Mar 2024

Business

Companies

Careers

Leadership & Management

Image for fca review small business banking personal guarantees

Business | FCA to review small business banking personal guarantees

Following a super complaint from the Federation of Small Businesses, the Financial Conduct Authority (FCA) has agreed to look the use of personal guarantees although this is outside its regulatory remit

12 Mar 2024

Business

Companies

Accountancy Firms

Image for accountancy still too male dominated

Business | Accountancy still too ‘male dominated’

The adaptability and flexibility of the accounting sector are major draws for women looking to follow a career in the profession, according to 88% of top women accountants

8 Mar 2024

Business | Tips: observing Ramadan in the workplace

Ramadan falls between 10 March and 8 April this year and to avoid significant impact in the workplace there are a number of ways to support staff

8 Mar 2024

Business

Companies

Image for smes loses out ps75bn interest bank accounts

Business | SMEs loses out on £7.5bn of interest on bank accounts

An industry-backed campaign to shake up the SME business savings market has launched with a call for banks to offer smaller businesses the same interest rate as larger companies

4 Mar 2024

Business

Companies

Accountancy Firms

Image for 5 bounce back loans are arrears

Business | 5% of bounce back loans are in arrears

Only £20.45bn of the total of £77bn of loans given to businesses during the pandemic have been paid back with the latest fraud related figure up by another £200m

4 Mar 2024

Business

Companies

Image for what changing holiday entitlement zero hour workers

Business | What is changing with holiday entitlement for zero hour workers?

Calculation of holiday entitlement for workers on zero hours contracts is due to change from April affecting part time workers

1 Mar 2024

Business

Companies

Accountancy Firms

Image for stuffy and dull perception accountants wrong

Business | ‘Stuffy and dull’ perception of accountants is wrong

Almost half of accountants think their career choice is viewed as stuffy and dull, a stereotypical image which is putting people off entering the profession

1 Mar 2024

Leadership & Management