Category Archives: Business111.com

               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 in a maximum of 60 days to pay and that the Small Business commissioner will be given powers to fine businessesContinue reading “Time to Pay Up: Government unveils toughest crackdown on late payments in over 25 years”

               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 of a trillion pounds in the next 15 years. Youth unemployment and NEET levels (16–24) have risen sharply since the pandemic.Continue reading “Lost Generation Warning: 1 Million Young Brits Idle — £250 Billion Time Bomb Ticking”

               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 findings show how founders across the UK are feeling about the state of the economy, the degree to which politicians understandContinue reading ““Entrepreneurs Revolt: 9 in 10 Say Government Clueless — One in Five Ready to Quit UK””

               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 has changed all that. The Bank could cut rates to encourage growth. It could put them up to attempt to stopContinue reading “HOLD OR HIKE? Small Firms Left Hanging as Energy Crisis Derails Rate Cut Hopes”

               Britain’s traditional jewellers — long the glittering anchors of our high streets — are quietly disappearing as rising costs, falling footfall and online competition squeeze the small craft businesses that have served communities for generations.Jewellers in the UK are the jewel in the crown of the high streets yet they’re facing a quiet crisis as small and micro businesses struggle. With wages, materials, taxes, business rates and energy bills all rising on the oneContinue reading “High Street Jewellers Facing Slow-Motion Extinction”