NEWS

The latest from Balance for Business

Changes coming soon for Buy-to-let investors

Buy-to-let (BTL) investors need to be aware that closer scrutiny will be applied to new purchases and capital raising from 30 September 2017. The changes, which are being implemented by the Prudential Regulation Authority (PRA), include stricter affordability tests including Interest Cover Ratio including the impact of recent tax changes and a stress test on […]

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Government steps in to ensure imminent delivery of £124m business rate relief fund

The government has enforced a deadline to ensure the £124m rate relief fund is swiftly allocated to vulnerable firms facing the biggest increase in business rates. Local government minister Marcus Jones called official Whitehall meetings with the three firms providing the necessary software for councils to deliver funds, the BBC has reported. After meeting with […]

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£85.9m programme announced to transform London town centres

Sadiq Khan and Transport for London have announced a new multi-million-pound funding programme which will transform town centres and neighbourhoods in London. A total of £85.9m will be available through the Liveable Neighbourhoods programme to give boroughs the opportunity to bid for funding for long-term schemes. The programme will provide grants of between £1m-10m for […]

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UK consumers reveal the top 5 most intimidating professions

A new study has uncovered the most intimidating professions striking fear into British consumers, as findings reveal how personalities can negatively impact the customer experience. In a nationwide survey of 2,000 adults, undertaken by Fletchers Solicitors, high-octane roles in the hospitality industry were rated as the most intimidating professions. Over two-thirds of respondents said communicating […]

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Stormy journey to refinancing triggers a bright future for Brasserie Bar Co

Article from Real Business, about Brasserie Bar & Co: “When we first worked together my long-time Brasserie Bar Co business partner, Ian Glyn, told me “all we need to do is win”. Easy to say; difficult to do. And never truer than today. We at Brasserie Bar Co, the operators of the 20-year established Brasserie Blanc and […]

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HMRC fails to convince small business on tax fairness and efficiency

Only a third of small UK business owners believe HMRC applies penalties and sanctions equally on those breaking the law, as new survey findings from its official review body revealed significant doubts on tax fairness. In an annual appraisal undertaken by the Charter Committee, a sub-committee of the HMRC Board working to assess the tax office’s […]

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The benefits of non-disclosure agreements for entrepreneurs

Non-disclosure agreements (also known as NDAs or confidentiality agreements) can be used as tools to protect confidential information when you need to share it. Here, Grid Law founder David Walker reveals how small business owners and entrepreneurs can use NDAs to their advantage. As an entrepreneur, there are many occasions when you may need to share confidential […]

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Barclays doubles Farming Loan Fund to support struggling agriculture sector

Barclays bank has announced an extension of its UK Farming Loan Fund, giving small agricultural firms access to £200m of available finance. Unveiling the additional £100m funding at The Great Yorkshire Show, the lender’s CEO, Jes Staley, said farmers would be provided with loans to invest in new technologies and to diversify into new revenue […]

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Cards overtake cash as customers go contactless for low value payments

Debit cards have overtaken retail cash transactions for the first time, according to new research, as consumers take advantage of contactless for low value payments on UK high streets. According to the British Retail Consortium’s (BRC) latest annual Payments Survey, card sales exceeded 50 per cent of all retail transactions in 2016. A combination of […]

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LinkedIn census reveals surge in UK entrepreneurship

More Britons than ever are striking out on their own to start a business, as fresh figures suggest the UK’s largest firms are most vulnerable to the lure of the entrepreneurial world. Professional social network LinkedIn analysed its 23m UK members in the 12 months from April 2016 to find growth among all kinds of […]

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