UK Business News

The Law Society have sent out a warning to Small and Medium sized Enterprises (SMEs) in the UK, who the society says are overlooking ways to protect against potentially crippling cash flow problems.
Despite often clearly spelling out their payment terms SMEs are having to wait an average of 41 days over the agreed payment terms [...]

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Lloyds TSB business banking customers can expect many things from their bank when opting for a small business account and many of these may go beyond what they might otherwise expect. Setting up a new project can be tricky and for this reason the bank offers a wide range of tools and guidance to help [...]

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In a week when the state owned bank Lloyds announced along with other European banks that it had returned to making a profit, the financial crisis for most of us remains a long way from being resolved.
Restrictions put in place by the financial institutions to make the business of borrowing money may have been eased [...]

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The Forum of Private Business (FPB) has hit out at so called ‘phoenix companies’, companies that fail owing huge debts only for the directors to purchase the company assets for a fraction of their true value and start trading in a different name.
This is of course all perfectly legal in the UK and is not [...]

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Talk of recovery from the financial crisis in the UK was dealt a crucial blow with the release of the highest insolvency figures since records began, last week, showing over 35,000 people were declared bankrupt in the three months up to September 2009.
The actual figure from the Insolvency Service recorded 35,242 people in England and [...]

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