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‘Skill-shortage vacancies’ a challenge for businesses

The challenge that many businesses are facing in trying to get the right people for their workforce has been detailed in a UKCES Employer Skills Survey. Of the 91,200 employers surveyed, 19% had a least one vacancy, up from 15% in 2013. “Skill-shortage vacancies”...

Skill shortages and finance top concerns for start-ups

Obtaining finance and skills shortages are the top concerns among start-ups. According to a survey by the Institute of Directors (IoD) of 650 entrepreneurs under the age of 35, revealed that finding skilled employees and accessing scale-up finance are the most...

Business closures at lowest rate since 2008

The number of business starting operations increased by 1.2% from 346,000 to 351,000 between 2013 and 2014. Latest figures from the Office for National Statistics show that the growth rate for new businesses decreased from 14.1% to 13.7% in 2013/14. The number of...

Autumn Statement 2015: Personal announcements

Chancellor George Osborne has now delivered his Autumn Statement 2015. Here’s our summary of the key measures effecting personal finance. Tax credits: Tax credit taper rate and thresholds remain unchanged. The Chancellor has promised to achieve the £12 billion per...

Small businesses haven’t grown since 2010

1 in 3 small businesses haven’t grown in the last 5 years, according to research by Association of Accounting Technicians (AAT). In a study of 1,000 small businesses, 33% hadn’t experienced revenue growth, and 31% hadn’t seen profits increase since...