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Many small and medium sized enterprise leaders in the UK are still carrying out tasks beyond their listed job roles rather than outsourcing them, according to new research.

The Insolvency Service has confirmed that there are plans for debtors to file online petitions for their own bankruptcy and they won’t need sign off from an insolvency practitioner.

Smaller firms can be far more adversely affected as a result of staff absence than larger companies, simply because there are less available people to fill any gaps.

British retailers have asked for government assistance to ensure that employees reach their full potential, a move they believe will aid economic growth.

The top start-up companies in the UK recorded unprecedented growth in the last year, expanding at six times the rate of the rest of Britain’s businesses.