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...
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...
The national minimum wage and national living wage rates will rise from 1 April 2018.
The national minimum wage and national living wage rates will rise from 1 April 2018. Eligible workers aged 25 and over who are not in their first year of an apprenticeship will be entitled to the new national living wage rate of £7.83. Those aged 21-24 will see their...
Home ownership falls for middle-income young adults
Young adults with middle incomes are considerably less likely to own their own home than those born 20 years earlier, new figures show. Research by the Institute for Fiscal Studies (IFS) found that from 1995/96, 65% of 25 to 34-year-olds with incomes in the middle 20%...
3 in 4 SME owners plan to work past retirement age
Most leaders of small and medium-sized businesses plan to work past the age of 65, according to research. A survey by Aldermore of 1,008 senior SME decision-makers revealed that 73% of business owners are planning to work past their state pension age. Almost...
Government reforms funeral payments scheme
The government is going ahead with its proposed changes to the Funeral Expenses Payment scheme, following a consultation in 2017. The scheme offers a contribution towards funeral costs for individuals in receipt of qualifying benefits. In a written statement posted on...
Friday business networking in Warrington
Our regular Friday Business Networking events will now be from 5pm – 6pm at 1 Winwick Park Avenue, Warrington WA2 8XB please contact us to book your place. These events are free and enable business owners to expand their Business Networking Contacts.
Friday business networking in Warrington
We now hold regular Friday afternoon face to face networking events in Warrington. The address is 1 Winwick Park Avenue, Winwick WA2 8XB. These events are from 4.30pm to 5.30pm and are aimed at business people who wish to expand their business contact base and who...
Tax Fraud is Rife
Vulnerable and elderly people are being told they owe large amounts of tax which they can only pay off through digital vouchers and gift cards. HMRC has issued a warning over fraudsters who are preying on victims by cold-calling them and impersonating members of staff...
18% of payments to SMEs are late
Almost 1 in 5 invoices issued by small and medium-sized businesses in the UK are paid late, according to research. On behalf of Sage, Plum Consulting analysed a survey of over 3,000 companies, across 11 countries. Of the countries surveyed, UK companies were shown to...