It’s just not working… The Federation of Small Businesses has hit out at the Government’s response to the economic crisis by saying that they view the measures that have been taken as a failure. Through the economic downturn the Government has fallen back on their interest rate blanket as well as provided funding for firms [...]
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South West small firms to be the hardest hit through recession
Bad times for the South West. 2009 is set to a dismal year what with the recession, unemployment and loss of profits across the board – well apparently the worst affected area of the United Kingdom is set to be the South West according to researchers of the market. Analysts with the Regional Development Agency [...]
Federation of Small Businesses says Government has to do more
Snow to Cost Economy £1.2 Billion a Day as 1 in 5 Employees Stay at Home
Let it snow, let it snow, let it snow…or not? The majority of us love snow. It falls softly, smothering the streets and cars in a white blanket of peace and tranquillity. However, the flakes may be the worst news a small business could have wished for. The first business day of the month saw [...]
Redundancy costs a firm over £16,000 per employee
Companies have been warned that the cost of redundancy is far more serious than firms would initially think, as the Chartered Institute of Personnel and Development’s has discovered that the cost of letting an employee go and then hiring someone else averages at £16,375. The Institute is aware that many firms fall back to redundancy [...]
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