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MOORFIELDS ADVISORY SECURE SALE OF CRAFT SODA COMPANY TO US BUYER
Moorfields Advisory, administrators of Gunna Drinks Limited are pleased to have completed a share sale of Gunna Craft Soda Inc.
Read more>HSBC sets up £10 billion funding pot for SME support
HSBC is to commit at least £10 billion in loans to small and medium businesses this year. This is the bank’s largest funding package for SMEs to date, topping the fund of just more than £8 billion it announced a year ago.
Read more>Small businesses face twice the wait to get paid
SMEs in the UK are being forced to wait almost twice as long for invoices to be paid than larger companies, according to a new study.
Read more>Half of UK SMEs are frustrated by delayed bank payments
Nearly half of UK small and medium businesses say they are frustrated by delayed payments reaching their bank accounts. 48% of SMEs surveyed by YouGov and ACI Worldwide said they had been frustrated by delayed payments and the study also found that this had negatively impacted the ability of SMEs to conduct their businesses successfully.
Read more>New PSC legislation comes into force
The Small Business, Enterprise and Employment Act 2015 received Royal Assent in March 2016. The Act had various implications for businesses, which were due to be implemented in staggered stages.
Read more>60% of women want to start their own business
Nearly two thirds of women in the UK would ideally like to start their own business, a new survey has found. The poll, by Avon, found that 60% of women wanted to run their own business as they felt it would improve their own work/life balance.
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