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Channel: Politics news, features and blogs | SME Magazine
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Opinion: UK’s post-Brexit economy hinges on SMEs and innovation

By Carlos López-Gómez, Head of the Policy Links unit at the Institute for Manufacturing, Cambridge University The decisions that the next UK government makes in response to Brexit could either add...

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Data protection: Why GDPR compliance is a requirement for SMEs

While many UK-based SMEs might expect Brexit to exempt them from compliance, the Information Commissioner has confirmed that the EU General Data Protection Regulation (GDPR) will apply to the UK and...

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GDPR: Bigger data breach fines on the horizon for SMEs

Penalties for businesses hit by cyber breaches are set to increase in 2018 when the European Union’s General Data Protection Regulation (GDPR) comes into effect. Penalties for businesses hit by cyber...

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Late payments an issue for 80 per cent of SMEs, survey reveals

Four in five SMEs struggle with late payments – and the problem seems to be worse for mid-sized companies than for small firms, according to a new report. In a survey by Ultimate Finance, 81 per cent...

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SMEs sacrificing profits to pay National Living Wage, survey finds

Nearly two thirds of small British businesses affected by the introduction of the National Living Wage have cut back their profits to cover the cost, according to a new report. A survey by the...

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Brexit: How to prepare if your firm buys EU products or services

528 Advisory’s Nigel Ransom explains what businesses can do to minimise the impact of Brexit on their supply chains and workforces. No one knows what the final Brexit deal will look like yet – but that...

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Brexit: SMEs expect export volumes to stall

Nearly half of UK SMEs expect to see their export volumes stall or decline after Brexit, according to a new report examining attitudes towards the UK’s EU departure. In the latest edition of...

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Why talent management is a bigger issue than Brexit for SMEs

Jan Chmiel explains why talent management will be a more pressing issue than Brexit for SMEs over the next year. Talent management tops Brexit when it comes to the main concerns for UK SMEs over the...

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SMEs win international trade funds to explore World of Opportunity

SMEs from across the United Kingdom have been awarded funding and support from Heathrow Airport to help them export their goods and services internationally. In partnership with the Department for...

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GDPR: Why we need it and how it affects your SME

Dr Guy Bunker explores the reasons behind why the GDPR is coming into effect and how it’s going to protect your data on the digital streets. Come May 2018, the way businesses and consumers handle the...

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Why Carillion’s smallest businesses must be prioritised

By Seb Maley, CEO, Qdos Contractor Carillion is the second largest construction firm in the UK, employing 20,000 people, not to mention thousands of subcontractors and independent workers. And so far,...

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Best of UK business talent heads to Asia to boost trade

Watch video HERE Some of the world’s most inspirational business figures are supporting the GREAT Festival of Innovation, taking place at the end of March in Hong Kong. They include Ian Stuart, CEO,...

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Most SMEs have done no logistics planning in event of no-deal Brexit

Majority of SMEs unprepared for disruption if Britain crashes out of EU The majority of British SMEs have done no planning for the various possible outcomes of Brexit on their supply chains. Just 47...

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Government puts SMEs at heart of target to boost exports to 35%

Export strategy has warm words for SMEs but few specifics The government has put SMEs at the heart of its plans to boost exports to account for 35 per cent of GDP. Currently, overseas exports account...

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Unlucky 13 for UK business start-ups

Research by card payment solution’s provider Paymentsense reveals the top 27 countries around the world to start a business Starting a business can be an exciting endeavour, but getting through the...

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Europe’s ‘SME capital’

Small business in Belgium are enjoying their most successful period for ten years, despite seven months of political uncertainty, according to a new report from the business intelligence provider...

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Brexit: How to prepare if your firm buys EU products or services

528 Advisory’s Nigel Ransom explains what businesses can do to minimise the impact of Brexit on their supply chains and workforces. No one knows what the final Brexit deal will look like yet – but that...

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Welsh shadow minister highlights ‘gaps’ in business support  

Opinion: Welsh Tory Business and Economy spokesman Russell George says that while the pandemic needs political collaboration, governments must still be held to account. It goes without saying that a...

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Sunak’s summer statement – key points and how business reacted

Chancellor Rishi Sunak has announced VAT cuts worth £4.5 billion as a lifeline for the struggling tourism and hospitality sector. In his summer statement to MPs he also announced that VAT will be...

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Businesses demand Boris backs British with post-Brexit contracts

A CROSS party group of MPs and business leaders will today call on the Prime Minister to back manufacturers to lead Britain’s economic recovery from Coronavirus. They want major infrastructure...

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