Category: Commercial

New sanctions for directors who dissolve companies to avoid paying wages and pensions

Directors who allow companies to go insolvent to avoid paying workers and pensions will now face harsh sanctions, the Insolvency Service has announced.

Commercial property popular among domestic investors

UK-based investors have pumped some £18.8 billion into Britain’s commercial property market over the last 12 months, new research from Savills reveals.

NASDAQ closed door meeting regarding cryptocurrency

On Friday 27 July 2018, NASDAQ held a secret meeting in Chicago with attendees from half a dozen cryptocurrency companies and traditional exchanges.

Data misuse “top threat” faced by SMEs, study finds

Small and medium-sized enterprises (SMEs) consider data loss, breaches or misuse to be the number one potential threat they face this year, a new study suggests.

First six months of 2018 see a boom in mergers and acquisitions among UK financial services firms

A new study carried out by accountancy firm EY has found that 83 deals valued at £12 billion were conducted in the financial services sector in the first half of this year.

“Unprecedented” growth reported in UK tech sector

Trade within the UK’s tech and digital sector grew by 20 per cent between 2015 and 2016, according to official figures.

SMEs still chasing £14.9 billion in late payments

A new study suggests that UK small and medium-sized enterprises (SMEs) are still chasing billions of pounds worth of late payments, despite recent efforts to crack down on the problem.

Figures show record number of underpaid workers

The number of underpaid workers in the UK has more than doubled since 2016/17, according to official figures.

Facebook’s data protection disaster and the GDPR

It has been a rough few weeks for Facebook.  The world is watching the outcome of the Cambridge Analytica scandal, which raises accusations that millions of US voters had their Facebook data misappropriated by consultants working for Donald Trump’s presidential election campaign.

Almost half of SMEs adversely affected by late payments crisis, study finds

New research carried out by the Institute of Directors (IoD) has found that almost half (48 per cent) of small and medium-sized enterprises (SMEs) have been adversely affected by the UK’s so-called late payments crisis.