News and events
News this week is the declaration by the taxman of its intention to spare the smallest businesses the burden of quarterly tax reporting. But will this move lead to some unexpected problems when it comes to smaller companies securing credit?
They say the truth is the first casualty of war. It’s certainly been a casualty of the vicious public debate about Brexit.
As we head towards negative interest rates, we ask if moving your business bank account is the right thing to do?
The care sector is in a financial mess. What's the current situation and is it likely to improve?
BHS (formerly British Home Stores) - files for Administration with potential 11000 job losses - the biggest British high street failure since Woolworths.
The study, carried out by Company Watch, shows that half of the 22 UK-listed companies with operations in the North Sea are making losses, and that in the last reported 12 months those losses add up to £6.4bn.
The study, carried out by Company Watch, shows that half of the 22 UK-listed companies with operations in the North Sea are making losses, and that in the last reported 12 months those losses add up to £6.4bn. Read the full article.
The decision by the US Federal Reserve to lift interest rates yesterday by 0.25% considerably increases the chances of the Bank of England raising the UK base rate next year.
Given the likelihood of costlier business debt, Company Watch, the corporate health monitoring firm, has modelled the effects that higher interest rate costs would have on UK companies.
Hundreds of British care homes are facing financial ruin as a result of the Living Wage, with the sector expected to come up against a £500m funding gap next year.
According to data from corporate health specialists Company Watch, costs across the sector could rise by as much as £900m with the introduction of the Living Wage in April. Read full article.