SmallBusinessNewz

Small Businesses Welcome Rate Cuts

Well, you asked for it, and in what's being seen as a positive turn of events, you didn't get it.  Instead of the requested one percent cut in interest rates, the Bank of England saw fit to slash things by 1.5 percent.  Small business groups are rather happy as a result.

FPB Pushes For Lower Interest Rates

For better or for worse, the Forum of Private Business seems to have adopted as its motto the cliche about squeaky wheels and grease.  In the group's mission to get money to small businesses, lower interest rates are the subject of its latest request.

Banks Asked To Bring Back Old Lending Levels

It's Halloween, and at our office, a couple of kind people have ensured that the donuts and candy are flowing freely.  What's more, money moving from banks to small companies will soon behave in a similar manner if the Forum of Private Business has anything to do with it.As usual, we should note that the FPB's actions tend to be UK-centric, but Americans can feel free to copycat everything.  The gist of the FPB's position is that, since the bailouts have occurred, everybody should be getting back to business as usual.

Barriers To Developing Businesses

It's not great that businesses have been saddled with another problem; credit restrictions are liable to act more like a brick than a straw on the figurative camel's back.  Still, a new report from the Forum of Private Business at least indicates that the restrictions may be less harmful than we thought.

FSB, FPB Happy About Interest Rate Cuts

It seems like every economic development these days has a couple of results that most people understand, more that most people don't, and an untold number that nobody knows about.  Yet two small business organizations have announced their approval of the recent interest rate cuts.

UK Bank-Small Business Relationships Worsening

It's a common, if unfortunate, type of scenario.  The Red Cross runs low on blood after a disaster.  Grocery stores have less food before big storms.  And it seems that UK banks are making things harder on small businesses even as these businesses need more help than usual.

UK Businesses At Risk Of Missing Minimum Wage Hike

What you don't know can most definitely hurt you, and a new report concerning small business owners in the UK proves this point.  It seems that a great many owners will face fines and prosecution if they fail to find out about and acknowledge a change in the minimum wage.

FPB Addresses Issue Of Late Payments

The ideal business cycle isn't really that complicated; some money comes in, less money goes out, and the owner makes a profit.  Only it seems that customers' payment practices are posing a major problem for small businesses.

Report Says Small Biz Is Turning To Layoffs

It's August, and according to the UK-based Forum of Private Business, layoffs are in the air.  The FPB claims that a full 53 percent of private businesses are planning to cut jobs in response to the recession.