Tag Archives: News & Views
Running a Business: Keep It Simple (Stupid)
For some unknown reason, business owners and managers make things more complicated and complex than they need to.
Frankly business is not that complicated. A business exists to make a profit. If it doesn’t then give it up. In order to make a profit a business must offer a product or service that has appeal within a market, it must [...]
Yet Another Costly Labour Flop
£130 Million wasted in yet another “quick fix” Labour initiative!
Three years ago the Labour government announced that the UK Passport & Identity Service (part of the Home Office) had estimated that 10,000 false passports were issued every year. This was, they said, unacceptable and a new procedure which would see all new applicants face an in-depth [...]
Business and Personal Bankruptcies Soar
Official figures release today show that there have been massive increases in both personal and business bankruptcies as the credit crunch continues to bite.
The lack of working capital, usually provided by bank overdrafts or secured lending together with the problems of obtaining credit insurance have been blamed for a 98% increase in companies going into [...]
Burying Yet More Bad News
The UK Labour government has a well earned reputation for timing announcements it knows will be unpopular to coincide with major new stories so that the bad news gets buried. Remember the infamous memo on 9/11 “[today] is a very good day to get out anything we want to bury” sent by Jo Moore, advisor [...]
Full StoryWarning – PayPal Scam Email
There has been a sudden upsurge in scam emails purporting to come from PayPal. These look like a receipt for a bogus payment to various named people. If you get one of these then DON’T CLICK ON THE CANCEL LINK – that’s where the phishing bit is!!!
The emails have the giveaway salutation “dear Paypal member” rather than your real name, but [...]
Reforming the Law on Bribery and Corruption
The Law Society has just published a report entitled Reforming Bribery setting out proposals which it intends should clarify and simplify the existing laws.
Anyone in business should be aware that there already are established offences of bribery and corruption on the United Kingdom statutes. International pressure is increasingly being applied to stamp out activities which [...]
Good News! – Yet Another U-Turn from the Labour Government
In his Pre-Budget Statement on Monday Alistair Darling quietly dumped legislation intended to outlaw income splitting arrangements among individuals that would have effectively forced small, family-run businesses to pay more tax.
For some years now the Labour government has tried to take action against income splitting arrangements which it considers “unacceptable tax avoidance”. Leaving aside the [...]
