improve cash flow

Paying bills late could be more damaging than you think...

Posted on Oct 26 2015 by
According to new figures, the problem of late payments straining SMEs finances is getting worse; being owed a total of £67.4bn in unpaid invoices, that’s up 8 per cent from this time last year (1). Between Q2 2014 and Q2 2015,...

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Don’t let petty cash wreak havoc in your company...

Posted on Oct 14 2015 by
Mishandling of petty cash costs UK businesses £1.8billion a year, this amount of money could potentially employ an extra 72,000 people into the UK workforce. The biggest problem with management of petty cash was misplacing...

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Current account switchers top two million within two years o...

Posted on Sep 16 2015 by
More than two million bank customers have opted to use the seven-day account switching service within the first two years of the service's launch. The project was unveiled in 2013, to help improve competition and offer...

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Seven tax breaks for SMEs...

Posted on Sep 11 2015 by
Research and development (R&D) tax credits You are eligible for these reliefs if you’re: developing a new product/process; developing a product or process that already exists in an industry but the information to resolve...

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7 business mistakes to avoid...

Posted on Sep 07 2015 by
Insufficient research Before starting your new company and with so many brilliant ideas running through your head, take the time out to do some thorough research. Research the market that you’re looking to enter, it may be a...

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Dramatic increase in current account fraud...

Posted on Aug 18 2015 by
There has been a huge surge in large-scale targeted fraud attacks during Q2-2015.  Current accounts saw the rate of fraudulent applications soar from 81 in every 10,000 during Q1 2015, to 151 in every 10,000 applications by the...

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Why dusting off dormant accounts is vital to safeguarding sa...

Posted on Aug 17 2015 by
Savers are being urged to complete a quick ID check with their bank, to ensure they continue to enjoy the protection offered by the Financial Services Compensation Scheme (FSCS). It's a simple and straightforward process that...

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Is this the Tipping Point for banks?...

Posted on Jul 16 2015 by
Best-selling author Malcolm Gladwell pretty much nailed it when he wrote in The Tipping Point to explain how an idea, product, message or behaviour develops into a relentless trend. He defined it as: “That magic moment when an...

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New industry body will highlight the cost of fraud in the UK...

Posted on Jul 08 2015 by
A new industry body has been set up to highlight the cost of fraud to UK businesses, charities and the public. The UK Fraud Cost Measurement Committee will seek to revive and enhance the government’s previous Annual Fraud...

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