Tough new measures to tackle late payments

               Small suppliers, long beleaguered by overdue invoice payments and long payment terms in their contracts with customers are waking up this morning to an announcement that Government is to put an end to the practice. The Press Release from Government is available to read below. It basically says that suppliers will be paid inContinue reading “Tough new measures to tackle late payments”

Britain’s £250bn youth time bomb

               High youth unemployment is hitting the headlines and it’s not just a short‑term labour‑market issue. It is a strategic economic threat that will shape the UK’s productivity, fiscal health, and competitiveness for decades. Even at conservative estimates, unless the number out of work drops, this could cost the UK more than a quarter ofContinue reading “Britain’s £250bn youth time bomb”

One in five entrepreneurs ready to quit UK

               Nearly 9 in 10 entrepreneurs think the Government doesn’t understand their needs and a fifth of them want to leave the UK in the next 12 months. How bad does it have to get before the policy makers listen? The Entrepreneurs Network (TEN) has published the third edition of their Entrepreneurs Survey. The findingsContinue reading “One in five entrepreneurs ready to quit UK”

HOLD OR HIKE? Small Firms Left Hanging as Energy Crisis Derails Rate Cut Hopes

               The Bank of England is ruminating on interest rates and is expected to announce around midday that rates will stay at their current rate 3.75% Last month there was an expectation that this time round, given inflation is creeping down slowly, rates would be cut to encourage growth. However, the Middle East crisis hasContinue reading “HOLD OR HIKE? Small Firms Left Hanging as Energy Crisis Derails Rate Cut Hopes”

Secretary of State for Defence and Irish Minister for Defence Helen McEntee sign refreshed Memorandum of Understanding (MoU) to strengthen bilateral defence cooperation.

            Updated MoU will focus on enhanced maritime cooperation, cyber defence, air domain information sharing, and increased joint procurement. Comes as the Prime Minister meets Taoiseach Micheál Martin in Cork for the UK-Ireland Leaders’ Summit. The UK and Ireland will be better protected against common threats as the two nations sign a refreshed Memorandum ofContinue reading “Secretary of State for Defence and Irish Minister for Defence Helen McEntee sign refreshed Memorandum of Understanding (MoU) to strengthen bilateral defence cooperation.”