New research has revealed that over two fifths (41%) of British SMEs believe the parameters set out in public sector tenders are too proscriptive and they are stifling innovation in… The post 41% of British SMEs believe public sector tender rules stifle innovation appeared first on London Business News | Londonlovesbusiness.com.
Quarterly insolvency statistics released last Friday for Q3 2021* show that the number of company insolvencies was 17% higher than in Q2 2021 and 43% higher than in Q3 2020.… The post Quarterly company insolvencies show 17% increase with tough times ahead forecast appeared first on London Business News | Londonlovesbusiness.com.
Businesses worried about the cost of going net zero should see the COP26 climate conference as a starting point towards an achievable goal. The advice came as businesses were expecting… The post Businesses shouldn’t be worried about the cost of going net zero as they ‘can make savings’ appeared first on London Business News |…
Business confidence in London rose three points during October to 65%, remaining the highest of all UK regions and nations, according to the latest Business Barometer from Lloyds Bank Commercial Banking. Companies in the capital reported the same confidence in their own business prospects as in… The post London business confidence remains highest in the UK appeared first on London Business News | Londonlovesbusiness.com.
Chancellor Rishi Sunak’s Budget speech has been broadly welcomed by the team at London Harrow and Mayfair accountancy firm, Macalvins Chartered Accountants. Following months of economic challenges, Macalvins Chartered Accountants says the… The post Autumn Budget delivers quick lift to communities and businesses, says Macalvins Chartered Accountants appeared first on London Business News | Londonlovesbusiness.com.
Up to half of the estimated $100trn investment needed to deliver net zero supply chains will have to be directed towards SMEs – highlighting the need for a new front… The post SMEs require $50trn to meet global net zero transition goals appeared first on London Business News | Londonlovesbusiness.com.
At a time of record gas prices and the energy price cap rising, energy costs and potential savings are more important than ever for SMEs. But how savvy are small… The post 70% of SMEs believe their energy bill impacts the growth of their business appeared first on London Business News | Londonlovesbusiness.com.
The home delivery company ParcelHero says supply chain organisations have finally seen some positive help from the Government in today’s Budget. The sector has been at odds with the Government… The post Expert say Budget ‘buries the hatchet’ between supply chain companies and government appeared first on London Business News | Londonlovesbusiness.com.
KFC is struggling to secure chicken, McDonald’s is finding it hard to make enough milkshakes, and supermarkets have been selling out of bread faster than ever. As each day goes… The post UK’s post-Brexit supply chain crisis is hitting SMEs hard appeared first on London Business News | Londonlovesbusiness.com.
As scheduled payments have commenced on the majority (55%) of CBILS and BBLS loans, following the initial 1-year period where neither interest nor principal payments were required, funding those payments… The post Defaults on CBILS and BBLS could run as high as £22bn appeared first on London Business News | Londonlovesbusiness.com.
