Figures released today by the Insolvency Service show that just shy of 1,500 companies were lost during yet another disrupted December, up 20% on the same period last year and 33% higher than in December 2019, before Covid hit. Overall, corporate insolvencies …
Small firms sound alarm on company insolvencies as labour shortages bite Read more »
Responding to the announcement that the Covid isolation period has been shortened from seven to five full days, Federation of Small Businesses (FSB) National Chairman Mike Cherry said: “We’re pleased to see this decision from the Health Secretary and UK Health and …
Small Business Index (SBI) shows a third of small firms impacted by poor payment practices in recent months Bulk of exporters report flat or falling international sales as full import checks take effect Cost pressures hit seven-year high as Federation …
400,000 small firms threatened by late payment as costs surge, new study finds Read more »
Responding to the announcement of fresh government support measures for small firms, Federation of Small Businesses (FSB) National Chairman Mike Cherry said: “These positive measures will help alleviate the intense pressures that small firms are currently under, and hopefully arrest a significant …
New support measures should help alleviate pressures, say small firms Read more »
The Federation of Small Businesses (FSB) has today released a ten-point plan of options for economic support that Ministers should urgently consider as current Covid restrictions take their toll, and amid speculation about further measures. The list includes necessary steps …
Economic support measures which should be considered alongside Covid restrictions Read more »
Responding to the news that the Bank of England’s Monetary Policy Committee has raised the base rate to 0.25%, Federation of Small Businesses National Chair (FSB) Mike Cherry, said: “This move will increase pressure on small firms with debt – four in ten of …
0.25% rate set to pressure indebted small firms amid inflation hopes Read more »
Responding to the statement issued by the Chancellor, Mike Cherry, National Chair of the Federation of Small Businesses (FSB), said: “We have had a series of meetings in the last few days with Ministers and officials to argue for further support. Decisions …
Responding to new Office for National Statistics figures which show 14.3% growth in the headline rate of input prices in the year to November, and a 5.1% rise in the consumer prices index over the same period, Federation of Small Businesses (FSB) National Chairman Mike …
Small firms warn of “nightmare before Christmas” as input costs surge 14% Read more »
Responding to the launch of fresh measures from the Cash Action Group to support communities which lose banking and ATM infrastructure, Federation of Small Businesses (FSB) National Vice Chair Martin McTague, who sits on the Community Access to Cash Pilots Board, said: “As …
Responding to new Office for National Statistics (ONS) figures showing that the UK’s gross domestic product (GDP) grew by only 0.1% in October, and its trade deficit widened to £5.2 billion in the three months to October, Federation of Small Businesses (FSB) National Chair Mike …
Small firms call for support as GDP figures show lack of pre-Plan B momentum Read more »