Small Business News Articles For Directors | Forbes Burton

UK’s Distressed Businesses List 2024

Robbie Meechan — Thu, 19 Dec 2024 13:08:35 +0000

An estimated 146,500 workers either lost their jobs or were at risk of redundancy this year. 441 banks and 115 Post Offices close, restricting banking services for those without internet access. The high street loses around 8,000 branches of household names. A surge in the number of breweries struggling, with around 900 jobs lost or […]

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What Went Wrong for Typhoo Tea?

Robbie Meechan — Tue, 26 Nov 2024 10:31:43 +0000

UK tea manufacturing stalwart, Typhoo have recently called in administrators from EY to oversee a possible rescue deal. The troubled brand is one of Britain’s best-established tea companies, having first started trading over 120 years ago. Typhoo’s Chief Executive, Dave McNulty explained that a notice has been filed at court “which affords the company some […]

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Time at the Bar: Will the Budget Hurt the Pub Industry?

Robbie Meechan — Thu, 07 Nov 2024 11:47:54 +0000

A “painful” budget was promised, and for some, that’s exactly what was received. As expected, it was businesses that were deemed to have the ‘broad shoulders’ needed to carry the burden of the treasury deficit. The chancellor’s measures will hit some industries harder than others, with UK pubs being an interesting case. A number of […]

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How the Autumn Budget Affects SMEs – A Quick & Simple Guide

Robbie Meechan — Thu, 31 Oct 2024 13:20:48 +0000

There were few surprises in the chancellor’s budget announcement. Rachel Reeves had long been bracing the nation for what the Prime Minister had described would be a “painful” budget, and although the measures announced weren’t quite as difficult to swallow as many first imagined, there will certainly be an impact on the UK’s businesses. There’s […]

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September 2024 Insolvency Statistics – Slow Progress?

Robbie Meechan — Mon, 28 Oct 2024 10:08:29 +0000

The end of summer brought with it mostly good news as the number of corporate insolvencies this September dropped from the same period in 2023. Of course, these figures are still very high compared to pre-pandemic records but has at least halted the steady increases that had become the norm over 2024. In England and […]

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Autumn Budget 2024 Predictions for SMEs

Robbie Meechan — Tue, 15 Oct 2024 14:56:53 +0000

Ever since the government revealed that it had found a £22bn deficit in the nation’s coffers, UK business owners have been wondering what that might mean for them. After all, the prime minister himself has warned that the autumn budget will be “painful”. Those concerns only intensified when he stated that “those with the broadest […]

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Is Old Jamaica Being Discontinued or Just Marketed Well?

Robbie Meechan — Wed, 02 Oct 2024 08:46:21 +0000

The last few days have seen ginger beer lovers outraged by the apparent discontinuation of Old Jamaica. But is Old Jamaica really being discontinued? If it is, then it’s certainly going about a retirement of a brand in a novel way. Instead of the quite retiring of brands often done out of sight of consumers, […]

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Is a Capital Gains Tax Hike on the Cards?

Robbie Meechan — Thu, 26 Sep 2024 14:50:39 +0000

After finding a “black hole” in the treasury’s coffers, new Prime Minister, Kier Starmer warned that the next budget would be a “painful” one. Understandably, this has sparked concern among many as to what that may mean for them. Chancellor of the Exchequer, Rachel Reeves, has ruled out any rises in National Insurance, VAT, personal […]

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Forbes Burton’s ‘Networking with a Twist’ Event Takes Over Streetlife Museum

Robbie Meechan — Thu, 26 Sep 2024 13:38:23 +0000

Hull’s Streetlife Museum played host on Friday to several competing teams of local businesspeople frantically looking for clues among the transport exhibits. Bemused onlookers must have wondered what was happening around them, but they’d have hardly believed it was a business networking event even if you’d explained. After the huge success of a similar event […]

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Four-Day Working Week – How New Laws Could Affect UK Firms

Robbie Meechan — Fri, 13 Sep 2024 14:09:18 +0000

As one of the policies suggested by the new government, the right to ask for flexible working has reignited calls for a four-day working week. The number of businesses adopting a four-day week for their staff has increased in recent years, and could rise further still. But what would such a change mean for your […]

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