Businesses are being urged to join one of the UK’s most robust and trusted consumer codes of practice schemes after the total amount it protects topped £50 billion per year. The Consumer Codes Approval Scheme (CCAS) is a growing family of sector-specific consumer codes, each sponsored by an industry body and vetted by the Chartered Trading
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UK businesses are more inclined to expand operations overseas since Brexit vote
by Owen Gough • • 0 Comments
As the nation awaits the triggering of ‘Article 50’, the uncertainty over Brexit is making UK businesses more open to expansion, 42 per cent of UK businesses confess to having more appetite now than previously to expand their business presence overseas, according to a new research released today by the DMCC, a Dubai government entity on
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SMEs call for faster and more flexible business loan approvals
by Owen Gough • • 0 Comments
Small business’ call for fast, flexible loans to cover short-term funding needs or take advantage of unexpected business opportunities. In response to this call, a small business lender has launched a loan available in under 12 minutes in a bid to offer British businesses the fastest finance in the world. Ultimate Finance, part of the Tavistock
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Media planners rely less on insights for advertising strategy
by Owen Gough • • 0 Comments
A new report entitled ‘Digital Re-imagined: Context and Predictability’ from ExchangeWire Research, in association with xAd, reveals that media planners rely less on demographic data and insights to inform advertising strategy, and instead favour contextual data and insights when it comes to defining campaign strategies and optimising performance. Although demographic data is still used by marketers, shortcomings
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Plan ahead to avoid Easter payment delays
by Owen Gough • • 0 Comments
Businesses must plan ahead to avoid payment delays to staff and suppliers over the Easter Bank Holiday weekend, says Bacs Payment Schemes Limited (Bacs), the company behind Direct Debit and Bacs Direct Credit. With Good Friday (14th April) and Easter Monday (17th April) classed as public holidays and therefore non-processing days, payments must be scheduled to
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Cash-only SMEs are losing over £23,000 of profit every year
by Owen Gough • • 0 Comments
New research by B2B marketplace Expert Market reveals that SMEs could be losing out on over £23,000 of profit a year because they cannot accept card payments. The report crunched business transaction figures in 2015-2016 and consumer attitudes to purchasing to find out how much additional revenue businesses risk losing out on by operating as
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The security of confidential documents is a significant problem for most companies
by Owen Gough • • 0 Comments
There is a widespread and growing need to improve security practices surrounding confidential documents in most organisations today, according to a new study by the Business Performance Innovation (BPI) Network. In a global survey of managers and information workers, six out of every ten respondents said they or someone they know have accidentally sent out a document
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Act now to prepare for new HMRC digital tax system
by Owen Gough • • 0 Comments
Businesses in the South West should take urgent action ahead of the government’s sweeping changes to the digital tax system. That’s the advice from chartered accountants Thomas Westcott, ahead of the introduction of the new Making Tax Digital regime. Making Tax Digital is an HMRC initiative to compel businesses to keep digital records and file
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Asset based finance to businesses jumps to £22.2 billion in a year
by Owen Gough • • 0 Comments
Asset based finance to businesses is up 13 per cent since last year, hitting an all-time high of £22.2 billion, rising from £20.6 billion the previous year, says the Asset Based Finance Association (ABFA), the body representing the asset based finance industry in the UK and the Republic of Ireland. The ABFA says that a key
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SMEs target overseas trade outside EU
by Owen Gough • • 0 Comments
The majority (55 per cent) of small to medium-sized firms plan to enter new markets in the next two years and of these, more plan to look beyond the Eurozone for new overseas trade than within it, according to a recent study by Albion Ventures. Despite being the UK’s largest overseas trading partner, more than one in five (21 per
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