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Only a third of SMEs predict 2016 first quarter growth

A slowdown in growth and uncertainty in the wider economy has seen confidence amongst SMEs decline sharply over the past two years, according to a new survey.

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A fifth of SMEs still do their admin with pen and paper

A significant proportion of small and medium-sized UK businesses are still using nothing more than pen and paper to carry out their business admin tasks, according to a new survey. This could be hampering both productivity and profitability.

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SMEs facing hidden costs for international payments

Small and medium enterprises in the UK could be paying up to £4 billion a year in hidden charges on international money transfers. According to a new report, 96% of the costs charged to make international payments are hidden from the customer as they are built into exchange rates.

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More than 100,000 UK businesses are creditors in insolvency cases

More than 100,000 businesses in the UK were owed money by insolvent companies and individuals over the course of the past 12 months, according to figures released by insolvency trade body R3.

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Small businesses need to be watchful of auto enrolment deadlines

Small businesses who have not yet implemented auto enrolment for employees eligible for workplace pensions are being urged to make sure they meet their obligations. The Pensions Regulator (TPR) has been writing to small and micro-businesses (those who employ between one and nine people) to let them know their staging dates.

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