News Centre

An overwhelming majority of Britain’s small and medium sized businesses were not interested in external finance in the final months of 2013, according to the latest figures.

More SMEs are considering the environmental impacts of their businesses as they look to cut unnecessary costs, according to a company that studies environmental and financial business risks.

Various studies have suggested that more SMEs plan to access finance in 2014 to drive sales and profit margins, but what is most important when looking for funds?

How apt these definitions seem now the Court of Appeal has restored what, to many, is the equitable position, overturning the High Court decisions in Goldacre (Offices) Ltd v Nortel Networks UK Ltd and Leisure (Norwich) II Ltd v Luminar Lava Ignite Ltd. In short, tenants who now continue to trade through an administration process are liable for rent accruing on a daily basis and must pay from the outset, regardless of which side of the rent quarter date the administration process starts. No more 3 month rent free periods for administrators attempting to rescue businesses.

Throughout the recession the job market fell flat as many companies were simply not in a position to recruit new staff.