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Managing costs

Insolvency proceedings costs increase

The fees charged by courts and tribunals for insolvency proceedings have increased as of 22 April 2014.

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Minimum wage rises to £6.50 an hour

The National Minimum Wage for adults is to rise by 19p an hour to £6.50, the Government has announced.

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Households planning Christmas cut-back

Two thirds of consumers are planning to cut back on Christmas spending this year, according to new research by Which?

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Business costs rise well above inflation

The cost of doing business in the UK has increased well ahead of the rate of inflation in 2013, according to new research from business group the Forum of Private Business.

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'Big six' energy companies questioned about rising costs

The UK's six largest energy firms have been questioned by a committee of MPs over recent increases in electricity and gas prices.

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Tighter rules needed for Prompt Payment Code, says business group

The Forum of Private Business (FPB) has called for changes to the Prompt Payment Code (PPC) after learning that large companies with payment times as long as 90 days are planning to sign up.

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Small businesses failing to make long term plans

Many small and medium sized enterprises (SMEs) are failing to plan ahead for the long term because of economic uncertainty, research from Npower has found.

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Business group disappointed with OFT fuel pricing report

Business and motoring groups have voiced concern over an Office of Fair Trading (OFT) report that concluded fuel prices in the UK were fair.

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One in five still clearing Christmas 2011 debt

With many Brits nursing their financial hangovers from Christmas 2012, almost one in five is still paying off debt from Christmas 2011, research from comparison service uSwitch has found.

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Businesses ignoring Prompt Payment Code to be named

Big businesses that do not sign up to the Government's Prompt Payment Code (PPC) will be publicly 'named and shamed', business minister Michael Fallon has warned.

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