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Business management

Firms urged to update business records or risk penalties

Business owners are being reminded to keep their business records up to date, following a report that HMRC issued large fines to a company who failed to notify the authority of a change of name.

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Entrepreneur an outdated term?

Only four per cent of business owners consider themselves to be entrepreneurs, research from business software provider Sage has found.

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A quarter of small businesses affected by crime

One in four small businesses (24 per cent) have fallen victim to business related crime in the past two years, research from Direct Line has found.

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Trust in senior management falters in wake of executive scandals

Corporate and executive scandals are eroding employee trust in their employers, warns the Chartered Institute of Personnel and Development (CIPD).

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Late payment improving amongst businesses

UK firms are waiting less time to receive payment from their debtors, according to data from Experian.

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Network upgrades to push energy bills up £11 a year

Plans to upgrade Britain's gas and electricity networks could push household energy bills up by £11 a year, the energy regulator Ofgem has said.

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Lack of retirement support could affect businesses

Two thirds of employers offer no structured retirement support to their older workers, research from Aviva has found.

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Number of employment tribunal claims down, but backlog continues to grow

The number of employment tribunal claims fell to 186,300 during 2011-12, figures from the Ministry of Justice show.

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New IT security guide for SMEs launched

A new guide aimed at helping small and medium sized enterprises (SMEs) make their IT systems more secure has been launched by the Information Commissioner's Office (ICO).

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Automatic pension enrolment: Employer duties outlined in guidance

The Pensions Regulator has published guidance for businesses that will be subject to automatic pension enrolment duties which are being phased in from this October.

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