FSB calls for late payment reforms

The Government's planned reforms to late payment culture should be delivered in the next month, the Federation of Small Businesses (FSB) has urged. The FSB has called for Prime Minister Theresa May to use the final days before her resignation on 7 June 2019 to push...

Tenant fees ban takes effect

New rules for landlords and letting agents in England came into force on 1 June 2019, including a ban on letting fees and a cap on holding and tenancy deposits. The Tenant Fees Act has now made it illegal to charge tenants any fees aside from rent, deposits, and other...

Pensions Regulator issues £68.6m in fines for employers

The Pensions Regulator (TPR) issued fines worth a total of £68,626,923 to employers that failed to meet their pension obligations in 2018/19. A Freedom of Information Act request revealed that the total value of fines handed out by TPR has increased over each of the...

71% of SMEs plan to increase sales

Small business ambition is on the rise, according to Government research, with more small and medium-sized employers planning to grow their sales in the future. In a survey by the Department for Business, Energy and Industrial Strategy, 71% of SME employers said they...

Construction industry warned about late payment rules

A Government minister has reminded large companies in the construction industry that new prompt payment rules are set to take force this year. From 1 September 2019, new legislation will mean large companies may be prevented from winning government contracts if they...