Of the 50 largest towns and cities in the UK, those located in coastal areas suffer disproportionately high levels of personal bankruptcy, according to a new study.
Hull has the highest bankruptcy rate in the country with 26.6 bankruptcies per 10,000 adults. Plymouth came in second with 26 and Poole had 22.4, placing it third.
The research, [...] CONTINUE
The 2009 Business Pulse report was released this week, measuring the current health of UK business in an effort to understand just how much impact the recession is having on SMEs. The report surveyed over 7,000 UK SMEs and reveals the seemingly positive outlook small businesses have about the upcoming months, despite the recession.
According to [...] CONTINUE
IT-friendly SMEs fared better in the recession than firms that dismissed IT, according to the UK’s largest study of the impact of the recession on small and medium enterprises.
The survey of 7,200 UK SME decision makers by Vanson Bourne for BT found that companies with a positive attitude to using technology had a better than [...] CONTINUE
The broadband sector has continued to perform well, in spite of the global economic downturn, a report published this week has suggested.
The survey by Gartner advised that regardless of the state of the UK economy, the demand for high-speed internet services had remained strong.
The study revealed that the sector had continued to carry on “robustly”, [...] CONTINUE
Three quarters of UK small businesses cannot afford to operate a company pension scheme, according to a new survey.
Of those who are in a financial position to run such schemes, only half are able to make regular payments.
The survey of 1,000 UK business owners was conducted by Clifton Asset Management (CAM), which provides financial and [...] CONTINUE
The majority of small-to-medium enterprise (SME) owners do not believe that the worst of the recession is over, according to a new report.
In a study by Clifton Asset Management, it was revealed that just a quarter of small business owners believe that the economic downturn has reached its lowest ebb, the Sunday Mail reported.
The survey [...] CONTINUE
Despite the recession, just 10 per cent of consumers would cut back on their broadband services to save money, research has shown.
This reveals just how important the internet is – as 47 per cent would choose to cut back on going out for dinner, 41 per cent on DIY and 41 per cent on holidays.
Broadband [...] CONTINUE
Ten months of FSB data shows small firms are beginning to enjoy an improved outlook.
Small businesses which were hit hard by the worst of the credit crunch and the recession nearly a year ago are starting to experience a tentative recovery, according to analysis by the Federation of Small Businesses (FSB) which has documented the [...] CONTINUE
Here are five top tips from Anthony Karibian, CEO of XLN Telecom, to help steer your business clear of disaster.
Recognise your strengths
Knowing which areas are driving costs will help you to pinpoint where your business’s weaknesses are so that you can single out specific areas and focus your efforts on improving them.
For example, if your [...] CONTINUE
Three in five UK-based small and medium-sized businesses (SMEs) have not yet felt any negative impacts of the recession, according to a new study.
The poll by Mr Site and PayPal found that almost two thirds of SMEs have not experienced a downturn in turnover since the recession began.
The most ‘recession proof’ SME sectors were found [...] CONTINUE
