Category: small
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Treasury’s bank referral scheme falls flat, securing loans for only 1 in 20 small businesses
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The Treasury’s bank referral scheme, which aims to increase access to finance for small businesses, has come under intense scrutiny after a recent audit revealed it secured loans for just one in twenty referred businesses. Under the scheme, nine major banks are required to refer small businesses that refuse loans…
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Financial Planning for Small Businesses: Avoiding Common Mistakes
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Running a small business is both rewarding and exciting; It can also be very challenging on many levels. It is important that its finances are closely monitored. What are some of the most common mistakes to avoid when creating a small business financial plan? Common mistakes to avoid when creating…
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Financial Planning for Small Businesses: Avoiding Common Mistakes
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Running a small business is both rewarding and exciting; It can also be very challenging on many levels. It is important that its finances are closely monitored. What are some of the most common mistakes to avoid when creating a small business financial plan? Common mistakes to avoid when creating…
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Over 80% of UK small business owners fear Autumn Budget could harm growth plans
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A new study has revealed that 86% of UK small business owners are concerned that potential tax rises and policy changes in the upcoming Autumn Budget could hinder their growth. Key concerns include potential increases in income tax, VAT and National Insurance, as well as higher costs arising from regulatory…
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South East leads in bank loans to small businesses as other UK regions lag behind
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Small businesses in south-east England are benefiting from a strong rebound in bank lending, leaving the rest of the UK behind, according to new research by the British Business Bank. Lending to businesses in the region has surged, leading to a 21% increase in approved loans and overdrafts across the…
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Indonesia asks Apple, Google to block China’s Temu to protect small merchants By Reuters
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JAKARTA (Reuters) – Indonesia has asked Alphabet Inc (NASDAQ:) and Google (NASDAQ:) to ban Chinese fast-fashion e-commerce company Temu in their app stores in the country so it cannot be downloaded, an Indonesian minister said on Friday. . Communications Minister Budi Ari Setiadi told Reuters that the move aims to…
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Indonesia asks Apple, Google to block China’s Temu to protect small merchants By Reuters
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JAKARTA (Reuters) – Indonesia has asked Alphabet Inc (NASDAQ:) and Google (NASDAQ:) to ban Chinese fast-fashion e-commerce company Temu in their app stores in the country so it cannot be downloaded, an Indonesian minister said on Friday. . Communications Minister Budi Ari Setiadi told Reuters that the move aims to…
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How Bitcoin Is Propelling A Small Texas Town Into A New Economic Era: The Rockdale Story
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Recently Opinion articleWard Rodham, the mayor of a town called Rockdale, Texas, has highlighted the profound impact that Bitcoin (BTC) mining has had on his small town, claiming that it heralds a new economic renaissance – the “digital energy boom.” Billion dollar impact on Rockdale’s economy Once known for housing…
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American Express pledges £100,000 in grants to support small businesses through champion small initiative
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American Express has announced a £100,000 pledge to support small businesses across the UK through the Champion Small initiative, a key part of the company’s Shop Small campaign this fall. Ten independent businesses will each receive a £10,000 grant, which can be used for various growth-related activities such as purchasing…
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Government targets large firms in crackdown on late payments to small businesses
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The UK government is set to introduce new measures aimed at tackling the problem of late payments by large companies to small businesses, which contributes to the collapse of 50,000 small and medium-sized businesses every year. On average, late payments cost small businesses £22,000 a year, according to research by…
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Go big or go small? JP Morgan reiterates its call for 50 basis point cut next week.
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Cut or not cut 50 basis points. As the Federal Reserve’s September meeting approaches, JPMorgan reiterated its call for a 50 basis point rate cut, scheduled for Wednesday at 2 p.m. ET. Following Nick Timiraos’s article highlighting the Fed’s predicament, market odds have shifted from 80-20 to a roughly even…
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Wall Street Journal Fed watcher asks on FOMC rate cut next week – Start small or big?
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Nick Timiraos in magazine (Closed) Writes about the Federal Reserve’s questions about whether it should cut interest rates by the traditional 0.25 percentage point or by a larger 0.5 percentage point at next week’s meeting. He says: Powell kept all his options open. The Fed is concerned about keeping interest…
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WSJ Timiraos: Fed has a rate cut dilemma. Go big or go small
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The Wall Street Journal published an article by Timiraos analyzing the upcoming Fed rate decision. The title of the article says it all, as the author describes the decision as a dilemma. Should the Fed make a big or small decision (or 25 basis points or 50 basis points). Some…
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Labour’s affordable housing plan ‘needs more flexibility,’ say small developers
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Labour’s plan to require developers to build affordable housing on at least 50% of “grey belt” land could make 80% of small development sites unviable, according to research by technology firm Viability. The study suggests that reducing the requirement to 35% would significantly improve viability, making 30% of sites viable…
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A Strategic Imperative for Small Businesses
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Small businesses across the UK are increasingly recognising the value of supporting women’s health in their workplaces. Adopting this initiative leads to many benefits, including increased productivity and performance, reduced absenteeism, enhanced employee satisfaction and engagement, attracted and retained a talented workforce, fostered a diverse and inclusive environment, and enhanced…
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Rent remains a pain point for small businesses even as overall inflation cools off
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Breadcrumbs Path Links BMW PMN Business Article author: Associated Press May Anderson Published on August 27, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content NEW YORK (AP) — While many costs have…
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Will rate cuts make Asian small caps more attractive? Bernstein weighs in By Investing.com
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The prospect of lower interest rates in the coming months is a favorable environment for small-cap stocks in Asia, although some risks to that trend remain, Bernstein wrote in a note. Japan and some economies in the Association of Southeast Asian Nations (ASEAN) region have shown positive growth trends, reflecting…
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Small US Inflation Pickup Won’t Derail a Fed Rate Cut in September
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(Bloomberg) — U.S. inflation is likely to rise modestly in July, but not enough to deter the Federal Reserve from a widely expected interest-rate cut next month. Most Read from Bloomberg The consumer price index on Wednesday is expected to rise 0.2% from June for both the headline number and…
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Small US Inflation Pickup Won’t Derail a Fed Rate Cut in September
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روابط مسار الفتات الخبز PMN الأعمال من المحتمل أن يرتفع معدل التضخم في الولايات المتحدة بشكل متواضع في يوليو/تموز، ولكن ليس بالقدر الكافي لعرقلة بنك الاحتياطي الفيدرالي عن خفض أسعار الفائدة المتوقع على نطاق واسع الشهر المقبل. مؤلف المقال : بلومبرج نيوز مولي سميث وكريج ستيرلنغ نُشرت في 10 أغسطس…
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Nearly half of UK small businesses unaware of new simpler recycling reforms, survey reveals
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A new study has revealed that almost half (42%) of small and medium-sized businesses across the UK are unaware of upcoming ‘simpler recycling’ reforms, which are set to significantly impact their operations. The reforms, announced by the Department for Environment, Food and Rural Affairs (Defra) in October 2023, aim to…