The recent publication by the Audit Commission of its Striking a Balance report, which states that “reserves are an essential part of good financial management”, is a timely reminder to firms in the private sector that regular internal audits need to be undertaken to ensure that they maximise their own cash reserves.
The annual poll from the Association of Investment Companies has found that 87 per cent of fund managers expect markets to rise next year, as opposed to only 71 per cent in last year’s poll.
With the growing interest this year in mergers among voluntary and community organisations, it is interesting to consider why any small companies decide to join forces.
As part of the Government’s efforts to rejuvenate the high street through a multi-million pound strategy, the Department for Communities and Local Government will today open a new pop-up shop in its own London offices, in association with national enterprise campaign StartUp Britain.
As the amount lost by small businesses in various fraudulent scams, from online to employee theft, starts to soar, employers are beginning to realise that it is vital to conduct regular internal audits to combat this before the amounts lost get out of hand.
Recent analysis has revealed that interest rates on savings accounts have been depressed since the introduction of the Bank of England’s Funding for Lending Scheme (FLS), which was launched in August.
In the draft tax legislation to be included in the Finance Bill 2013, published this week, large businesses will benefit from a reduction in corporation tax to 21 per cent, with a corresponding effect on marginal rate companies, while the rate for small companies will remain the same at 20 per cent. These changes will…Details
Following data released by the Office for National Statistics (ONS) last week, which revealed that UK M&A deal volume and value had dropped by nearly 30 per cent in the third quarter, the outlook continues to be volatile.
Chancellor George Osborne’s Autumn Statement offered a mixed bag to entrepreneurs starting new businesses and the investors and lending schemes that fund them.
Savers who make a contribution to their pensions even as soon as next spring could find that it counts towards their annual savings in the following tax year, meaning that they would be caught out by the cut in the tax-free allowance from £50,000 to £40,000 announced in the Chancellor’s Autumn Statement yesterday.