Parents urged to take up tax-free childcare

Parents are being encouraged to take advantage of the government's tax-free childcare scheme to help manage childcare costs over the school holidays. YouGov polled 334 parents of children aged 16 and under on behalf of HMRC, and found that 31% felt stressed trying to...

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Skills shortages hamper exporters

Exporters are struggling to recruit the right staff as a result of labour shortages, a report by the British Chambers of Commerce (BCC) has shown. In a survey of more than 3,300 exporters, the BCC found that manufacturers were worst affected, followed by the services...

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1 in 3 expect 6-month wait for inheritance

More than a third of people underestimate the time it might take to receive their inheritance, according to research from Co-op Legal Services. In a survey of 2,000 UK adults, 37% said they expect to wait 4-6 months to receive their inheritance. In reality, the...

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Over-55s face downsizing challenges

The number of ‘last-time buyers’ who want to downsize their home has increased from 32% to 39% in the past 3 years, research by Legal & General  shows. The study defines a last-time buyer as a homeowner aged 55 or over, whose household is under-occupied, with 2 or...

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Most SME bosses face staff challenges

The majority (67%) of SME business leaders find it difficult to hire qualified members of staff or retain existing talent, research by Aldermore reveals. A survey of 1,008 decision-makers found that 26% were concerned with keeping good members of staff, while 20%...

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Retirees ‘to spend £4,300 a year supporting family’

Around 1 in 3 parents and grandparents entering retirement this year plan to spend more than £4,300 a year supporting family members, according to research by Prudential. In a survey of 9,896 adults, 31% of those planning to retire in 2018 said they expect to use...

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Late payments affect half of businesses

Almost half of small and medium-sized businesses have struggled with late payments in the last year, according to research by the Institute of Directors (IoD). Of the 787 business leaders surveyed, 48% have faced issues with late payments since April 2017. About 3 in...

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