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Business Regulation

Retirement options advice reforms

Pension providers will have to do more to help retirees turn their pension savings into a retirement income, under reforms announced by the Association of British Insurers.

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Business groups call for prompt payment reform

Business groups have called for reform of the Prompt Payment Code after data showed that more than half of Federation of Small Businesses members were not paid by the agreed date.

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Simpler energy tariff rules now in force

A ban on confusing energy tariffs comes into effect today, as energy regulator Ofgem introduces reforms to make the industry simpler and clearer for consumers.

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Zero hours contracts consultation opens

The Business Secretary, Vince Cable, has launched a consultation into the understanding and use of zero hours contracts.

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Car insurance premiums too high

Car insurance premiums are too high and should be reduced through "far-reaching" reforms, a report by the Competition Commission has said.

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Pension costs deter business investment

Seven out of ten businesses say the cost of running a defined benefits (DB) pension scheme is stifling their investment intentions, according to a new survey by the Confederation of British Industry (CBI) and Standard Life.

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Business births up by 8,000 in 2012

The number of new business registrations in the UK increased by 8,000 (3.1 per cent) in 2012, data from the Office for National Statistics has shown.

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Businesses urged to consider succession planning

Farmers in Northern Ireland are being urged to put proper succession plans in place in order to protect their businesses.

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Business group launches guide for new employers

Many growing businesses are unsure about their obligations when taking on employees for the first time, the Forum of Private Business (FPB) has said.

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Forgotten invoices cost SMEs dear

UK small and medium sized enterprises (SMEs) could be losing up to £3.7 billion as a result of poor internal systems and financial accounting, according to a survey by Exact.

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