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A record number of start-ups were recorded in the UK in 2015. New figures released by Companies House show that 608,100 new businesses were launched last year, beating the 581,173 started in 2014 and setting a new record for the fourth consecutive year.

Almost two thirds of British workers feel that they are not paid enough for the job that they do, according to a new study. Nearly half of these respondents said they were currently in the process of looking for a new job as a result of feeling undervalued.

The majority of businesses agree that the way they interact with customers, suppliers and other businesses is important, with more than half claiming to have been on the receiving end of unethical business practices. Despite this, most SMEs do not have a formal business ethics policy in place.

Leading property insolvency and restructuring specialists Arron Kendall and Simon Thomas of Moorfields were appointed as joint administrators over a c. 200,000 sq ft mixed use property development in the centre of Aberdeen on 15 January 2016.

UK production in all major sectors is shown to have declined from the previous month in the latest report by the Office for National Statistics. The Index of Production, released by the ONS on January 12, showed that overall production fell by 0.7% between October and November last year.