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Reading Time | < 1 min 14 May 2015

Suppliers reluctant to act on late payments

Reading Time • < 1 minSuppliers are waiting more than 3 months on average before threatening legal action over late payment, according to new figures. Research by commercial debt recovery firm Lovetts shows that businesses are reluctant to take action against la...
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Reading Time | < 1 min 14 May 2015

Over-50s workforce ‘most reliable’

Reading Time • < 1 minPeople aged over 50 take less time off work and show better work ethic in employment than younger generations, according to research by RIAS. The insurer surveyed more than 2,000 people about their attitudes to work and identified older wor...
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Reading Time | < 1 min 13 May 2015

Consumers lose money on unused subscriptions

Reading Time • < 1 minMore than 4 in 10 consumers are paying for unused subscription services, a survey by TopCashback suggests. The poll of more than 1,500 people found that 42% of respondents continue to pay for at least one subscription that they don't use. T...
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Reading Time | < 1 min 12 May 2015

Insurers not providing full payment information

Reading Time • < 1 minInsurers are failing to provide customers with easily understandable information about the costs of insurance products, according to a review by the Financial Conduct Authority (FCA). The review found that consumers are not always made awar...
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Reading Time | 2 mins 12 May 2015

North Yorkshire – the land of opportunity

Reading Time • 2 minsAt a time where confidence in the Northern Powerhouse is growing and our neighbours in South and West Yorkshire have successfully attained devolution deals, the business landscape looks encouraging for North Yorkshire.
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Reading Time | < 1 min 11 May 2015

Small firms voice hopes for new government

Reading Time • < 1 minMore than half of small business owners want the new Conservative government to prioritise reducing regulation, according to research by the Federation of Small Businesses (FSB). The Conservative Party won an unexpected parliamentary majori...
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Reading Time | < 1 min 08 May 2015

Personal insolvencies lowest since 2005

Reading Time • < 1 minThe amount of people becoming insolvent has fallen to the lowest level since 2005, according to official figures. Statistics from the Insolvency Service show that there were 20,826 individual insolvencies in Q1 2015. This is a decrease of 8...
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Reading Time | 2 mins 08 May 2015

North Yorkshire shows its business strength

Reading Time • 2 minsThe trend in North Yorkshire is in line with the national trend which shows companies being more profitable than ever, with the strongest performance in the services sector.
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Reading Time | < 1 min 07 May 2015

Business planning overlooked by SMEs

Reading Time • < 1 minMany small and medium-sized business owners are operating without a formal business plan in place, according to research by Close Brothers Asset Finance. The survey found that 29% of SMEs do not have a business plan, with 43% of these claim...
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