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Corporate Crime

Two new corporate criminal offences come into force on 30 September 2017. The new offences can make a company criminally liable if it fails to prevent the facilitation of UK or non-UK tax evasion by an employee, agent or anyone else acting for or on behalf of the company. The offences can catch both UK …read more

Late payment costing SMEs £2bn a year in UK

The UK’s smaller businesses are facing a total bill of £2.16 billion to chase overdue payments, according to Bacs Payment Schemes Limited (Bacs), the company behind Direct Debit and Bacs Direct Credit in the UK. New figures show that UK small to medium size enterprises (SMEs) are owed £14.2 billion. Out of the 1.7 million …read more

UK Employee Absence

UK Employee Absence

This infographic, published in The Talent Management Special Report by Raconteur, reveals the average working days lost per employee per year in the UK. Additionally, it highlights reasons to call in sick and cost of absence

We’re only as rich as our debts!

Money

“Paying on the nail!” No business likes to do this if it can possibly be avoided and deliberate late payment is spreading plague-like throughout large sections of industry in the UK. If companies continue to survive they are left with greatly diminished liquidity, but Richard Pepler, Chief Executive of Optimum SME Finance Limited, suggests some …read more