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Managing costs

Raise minimum wage, says LPC

The national minimum wage should be increased by 3% in October 2015, according to the Low Pay Commission.

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Firms affected by late payment

More than three quarters of businesses suffer from late payments, according to research by Bacs.

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Freelancers optimistic for 2015

The freelance sector will grow during 2015, according to new research by the Association of Independent Professionals and the Self Employed.

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Red tape cuts save businesses billions

Government cuts to regulation have saved British businesses £10 billion over the past 4 years, the Department for Business, Innovation and Skills has announced.

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Employment costs for small firms revealed

Small businesses pay an average of £35,500 to hire their first employee, according to research by the Centre for Economic and Business Research and the Federation of Small Businesses.

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Shop prices fall 1.8% in September

Shop prices fell by 1.8% in the year to September 2014, according to figures from the British Retail Consortium and Nielsen.

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Business insolvencies fall

Business insolvencies fell nearly 7% in the second quarter of 2014 but personal bankruptcies rose significantly, latest figures from the Insolvency Service have revealed.

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Service sector optimism increases

Businesses in the service sector want to take on more staff as optimism rises, according to research from the Confederation of British Industry.

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Mobile phones users could save by switching contracts

Mobile phone users could save an average of £104 a year by switching tariffs when their contract is up for renewal, according to uSwitch.com.

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1.4 million on zero-hours contracts

Around 1.4 million people are employed on zero-hours contracts, an Office for National Statistics study has suggested.

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