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Over 50s increasingly turning to self employment

April 3, 2014: There has been an increase in the number of over-50s opting for self-employment in recent years, according to new data. Figures from the Office for National Statistics (ONS) show that older people have contributed more than 70 per cent to the rise in self-employment during the ...
Posted on Apr 4, 2014 at 16:18

Record numbers of older people in work

March 28, 2014: Around 1.1 million employed people are now aged 65 or over. This is twice as many as in 1992. Pensions Minister Steve Webb said: "These striking figures show that employers clearly see the positive value in employing older staff. Retaining older workers benefits the whole...
Posted on Mar 28, 2014 at 11:38

Record numbers of older people in work

March 28, 2014: Around 1.1 million are aged 65 or over, twice as many as in 1992. Pensions Minister Steve Webb said: "These striking figures show that employers clearly see the positive value in employing older staff. Retaining older workers benefits the whole firm, including younger wor...
Posted on Mar 28, 2014 at 11:37

Younger workers look up to older colleagues

March 27, 2014: Reserach by the Nationwide has found that almost nine out of 10 (88%) people think workers aged 60 or over can be excellent role models or mentors to colleagues who are in their 20s or 30s. But the benefits can flow both ways, the survey found, with 78% saying they thought it ...
Posted on Mar 26, 2014 at 10:45

Older workers hold the key to manufacturing’s future

March 26, 2014: The ageing profile of the UK’s population, coupled with rising pension ages, means employers in all sectors are facing this challenge of ageing workforces, but the issue is particularly significant for manufacturers. Ageing pains Manufacturing already has a workforce o...
Posted on Mar 26, 2014 at 10:41

Consultants and micro businesses are under charging for their srervices

March 25, 2014: Small firms and sole traders in the UK are undercharging for the work they do, according to a report which claims businesses in the UK are spending as much as a third of their working lives unpaid. A poll of 30,000 small businesses conducted by accounting system provider FreeA...
Posted on Mar 25, 2014 at 11:23

Government helps older savers aged over 55

March 20, 2014: The Chancellor has proposed a series of radical reforms to the pension system, giving people unprecedented freedom over how they draw their pension. Currently investors aged 55 or over can normally take up to 25% of their pension as tax-free cash and a taxable income from the ...
Posted on Mar 20, 2014 at 10:31

Budget helps small businesses and start-ups

March 20, 2014: A wide range of measures were announced in the UK’s 2014 Budget today, but SMEs are likely to benefit the most from a range of tax breaks and investment schemes. Britain’s GDP is forecast to grow by 2.7 per cent this year, with similarly strong growth predicted unt...
Posted on Mar 20, 2014 at 10:25

Small businesses get back to sales levels of 2007

March 17, 2014: THE income of small businesses at the end of 2013 was at its highest since before the start of the 2008-2009 recession, research from Barclays Business Banking has revealed. Data on the total quarterly income for current accounts of Barclays’ small business customers als...
Posted on Mar 17, 2014 at 10:25

Confidence high among small businesses

March 13, 2014: Small businesses in the UK are optimistic about their prospects, according to new figures. Data from the Federation of Small Businesses (FSB) shows that individual businesses and contractors have enjoyed an improvement in conditions over the past 12 months and are now looking ...
Posted on Mar 13, 2014 at 10:36

21% of over 75s still paying off their mortgages

March 13, 2014: Thousands of Britain’s oldest pensioners will not be able to rely on their homes to boost their income as they carry mortgages into their 70s. Research by the Personal Finance Research Centre (PFRC) has found that 21% of over-50s still owe money on their mortgage and the...
Posted on Mar 13, 2014 at 10:31

Small companies optimistic about hiring more people

March 11, 2014: An increasing number of businesses want to create jobs amid signs of continued economic growth, according to a report. A survey of almost 3,000 firms by the Federation of Small Businesses (FSB) showed one in seven optimistic about hiring staff, with one in 10 having recruited ...
Posted on Mar 11, 2014 at 11:05

Government to lend £40m to small businesses

March 2014: The government has pledged to lend a further £40 million to small businesses. Last March the state-backed British Business Bank began lending to small businesses through peer-to-peer lending platform Funding Circle. The Bank has exhausted its initial £20 million fundin...
Posted on Mar 5, 2014 at 15:53

£100k growth grants for Sussex SMEs

February 2014: Grants of up to £100,000 are available to small to medium sized businesses (SMEs) looking to expand in Sussex. Firms seeking growth but struggling with finance can get funding for up to 25% of a project’s cost. Coast to Capital Local Enterprise Partnership and G...
Posted on Feb 12, 2014 at 10:28

Small firms can apply for vouchers to help growth

February, 2014: Small businesses across the country are being given the chance to access new ‘vouchers’ to help them grow. The £30 million Growth Vouchers scheme, which is being launched by the Department for Business Innovation and Skills (BIS), is available to businesses w...
Posted on Feb 6, 2014 at 10:45

Crowd-funding lobbies for ISA status

February 5, 2014: Crowd-funding platforms that raise money for small businesses could get a massive shot in the arm in April under plans by the Treasury to enable them to offer greater tax efficiency. Representatives of the crowd-funding industry have begun talks over enabling savers to hold ...
Posted on Feb 5, 2014 at 12:06

£2.6m Mentor Challenge Fund launched to mentor UK small businesses

January 31, 2014: Small businesses in the UK will now be able to receive sector specific mentoring from thirteen projects that are participating in the GBP2.6m Mentor Challenge Fund, the Department for Business, Innovation & Skills (BIS) revealed on Wednesday. The projects have been award...
Posted on Jan 31, 2014 at 10:37

Small businesses could double their size

January 30, 2014: The Advertising Association’s exclusive report released today shows that SMEs account for 40 per cent of UK turnover, but only 18 per cent of ad spend, and this week the government launched its Growth Vouchers scheme to help small businesses get access to expert help. ...
Posted on Jan 30, 2014 at 10:39

Small businesses to recruit more people in 2014

January 27, 2014: Seventy-two percent of small UK businesses will recruit in the coming 12 months compared to just 56% in 2013, according to new research. A survey of more than 2,600 UK small businesses, by Peninsula Business Services the UK’s largest Employment Law consultancy, found ...
Posted on Jan 27, 2014 at 10:31

How workers over 50 add value to the workplace

January 24, 2014: It isn’t an easy task for any age group to find work sometimes. But workers over 50 have the most difficulty finding work of any age group. Before putting older workers out to pasture, employers should consider the benefits and skills that workers over 50 bring to the work...
Posted on Jan 24, 2014 at 12:43

Employment boost for the over 50s - but it is still hard for older people to find a job

January 23, 2014: More older people are finding - and staying - in work, according to the latest job figures. But it is still much tougher to get back into the employment market if you lose your job in middle age. While welcoming news of falling unemployment, Saga's director of communica...
Posted on Jan 23, 2014 at 11:08

Setting up a business in your 50s can 'keep you healthy'

January 22, 2014: Setting up a business in your 50s may keep you healthy in old age, according to cognitive neuroscientist, Dr Lynda Shaw. Shaw, who is also a business strategist, said changing jobs in your 50s is the ideal time because we naturally reinvent ourselves as we mature. She sa...
Posted on Jan 22, 2014 at 13:40

Over 50s cash in £1 billion from thrir homes in 2013

January 20, 2014: The amount of cash released from properties through 'lifetime mortgages' broke the £1billion barrier in 2013 - with some homeowners using equity release to clear interest-only loans they cannot pacy back. Figures from Key Retirement Solutions estimate that over...
Posted on Jan 20, 2014 at 11:23

Over 50s savings accounts are a rip off

January 16, 2014: There was a time when savings accounts aimed at people aged 50 and above paid better rates than accounts available to people of any age, but nowadays, this isn't the case according to the consumer champions Which? The best over-50s instant access savings account pays le...
Posted on Jan 16, 2014 at 11:06

Rogue SME owners failing to pay minimum wage face Government fines

January 16, 2014: UK small business owners who fail to pay their employees the minimum wage will face Government fines of up to £20,000, according to reports. Previously rogue SME employers were required to pay underpaid wages in full including a fine of 50 per cent of unpaid wages up t...
Posted on Jan 16, 2014 at 10:58
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