UK Business News

Over 5,000 companies in England and Wales have gone into liquidation during the second quarter of 2009 according to official figures released today.
The number of companies going into liquidation has grown by a massive 39.1% over  the same period in 2008, while the number of unemployed rose by 281,000 in the second quarter, the biggest [...]

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British small businesses can now, with a single click, pay all of their staff via Paypal thanks to their tie up with Kashflow, the UK’s leading web-based accounting software company.
By loading account details into the software, with the press of a button, Kashflow can pay staff whilst producing accounts which are HMRC recognised.
The fully integrated [...]

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Budget Airline Ryanair’s outspoken CEO, Michael O’Leary has said that his company will continue to offer European consumers better value for money, “Just like Aldi, Lidl, Ikea and McDonalds are doing in their respective industries”, despite posting it’s first full year loss in 20 years.
Ryanair had written down the fall in the value of it’s [...]

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Small Businesses dealing with FTSE100 companies will be hoping that the Department of Business Secretary Peter Mandelson’s promise of a quicker turn around on payment will be adhered to by the larger corporations.
Many of the FTSE100 organisations  have agreed to adhere to the Prompt Payment Code, the latest initiative from the government. The Code means [...]

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