As a business owner, you take on a lot of risk; indeed, even the act of starting your own business is risky. So, once it’s up and running, you are unlikely to want to consider a time when you cannot run it yourself. But to protect your business, you must think of all eventualities. In […]
For many auto enthusiasts, the world of cinema has long been a source of inspiration and fascination. Iconic movie cars, with their sleek designs and powerful engines, often become stars, leaving an indelible mark on viewers. While most car aficionados can only dream of owning these legendary vehicles, there is a way to turn that […]
Learning how to drive is an exhilarating milestone in life. It unlocks a world of freedom and independence. However, finding the right driving school to guide you on this journey is crucial before hitting the road. With numerous options available, it might feel overwhelming to pick a driving school. Nevertheless, by considering these factors, you […]
The internet has evolved significantly since its inception, from the static web pages of Web 1.0 to the interactive and social web of Web 2.0. Now, the digital landscape is on the brink of yet another revolutionary shift. The concept of Web 3.0 emerges to redefine the way we interact with information, services, and each […]
In an age where financial advice often revolves around diversifying income streams, the concept of a ‘side hustle’ has become increasingly popular. However, the hustle culture, demanding as it is, might not suit everyone’s lifestyle or preferences. For those with valuable assets like a silver collection, there’s an alternative option to consider: turning these idle […]
Accountancy and business advisory firm BDO LLP has promoted 30 new partners and nearly 2,300 people – almost a third of the entire firm – across its audit, tax, advisory and operational teams. Effective from 1 November 2023, the partner promotions follow the appointment of 19 new external partners since January, taking BDO’s partnership to […]
Quarterly company insolvency statistics from the Insolvency Service today revealed that in the period July to September 2023: There were 6,208 (seasonally adjusted) registered company insolvencies, comprising 4,965 creditors’ voluntary liquidations, 735 compulsory liquidations, 466 administrations, 41 company voluntary arrangements and one receivership appointment. After seasonal adjustment, the number of company insolvencies in Q3 2023 […]
Food price inflation falls in the UK, offering relief for shoppers and leading to expectations that the pause button will be pressed on interest rate hikes. Insolvency rates expected to jump again, as the number of firms experiencing critical financial distress jumps by a quarter. Brent crude hovers around $86 a barrel but the World […]
New data from small business lender iwoca reveals that while more than half of SME owners (55%) feel they have a good understanding of AI, the majority are nervous about how it will impact their business. The new research of SME owners across the UK from one of Europe’s largest business lenders also finds that […]
For small business owners, the line between personal and professional is much harder to define than for most employees, and new research by Yell has revealed that a staggering number of business owners are potentially losing out on hundreds of pounds a week as a result. The study, which surveyed just over 250 owners of […]
