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Comment about retail Christmas trading figures
Friday, 12 January 2018
“The past 10 days have seen many UK retailers report their Christmas trading figures. The picture remains mixed, although it is possible to identify some trends. Firstly, food retailers seem to have benefitted from food inflation, with the three listed ones (and obviously the discounters, Aldi and Lidl) posting positive like-for-like sales. However, we remain concerned that all the good news is due to higher prices and volumes have slowed down or even declined. Furthermore, sales of non-food items (which used to be one of the few positives until 2016) declined at both Tesco and Sainsbury. At Marks and Spencer, food sales also suffered, as the UK consumer seems more reticent to spend on more upmarket food items. 
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Asset finance new business holds steady
Thursday, 11 January 2018
New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) in November was £2.5 billion, a similar level to the same month in 2016.  
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Begbies Traynor strengthens Yorkshire region with partner promotion
Wednesday, 10 January 2018
Leading professional services firm Begbies Traynor has promoted Andrew Mackenzie to partner.  Based in the firm’s Hull office, he works across the Yorkshire region.  
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Moore Blatch advises on Coach in a Box sale
Wednesday, 10 January 2018
Coach in a Box, a global consultancy group offering innovative coaching services, has been acquired by BTS Group AB (BTS), with legal advice being provided by Moore Blatch and financial advice by Assay Advisory. 
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Rising fuel prices add to operating cost surge for small firms
Wednesday, 10 January 2018
Responding to the announcement that the price per litre of petrol (£1.21) and diesel (£1.24) are at their highest since December 2014, Mike Cherry, Federation of Small Businesses National Chairman, said:  “The proportion of our members reporting a rise in operating costs it at its highest in five years. Almost a third say fuel prices are a main cause of that increase, up from less than a fifth at this time last year.
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Kash Ahmad joins Bibby Financial Services as Specialist Director
Tuesday, 09 January 2018
SME partner, Bibby Financial Services (BFS) has appointed Kash Ahmad as UK Specialist Director as it looks to grow its support for businesses trading domestically and overseas.  
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UK ‘zombie business’ numbers drop to record low – R3
Monday, 08 January 2018
The proportion of UK companies which are only paying the interest on their debts – one of the signs of a so-called ‘zombie’ business – has dropped to 3% in December from 5% in April this year, according to research by R3, the insolvency and restructuring trade body.  
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Scottish small business confidence nears record lows
Friday, 05 January 2018
Scottish small business confidence slid to near record lows in the final quarter of 2017, according to new figures from the Federation of Small Businesses (FSB). 
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Construction output growth eases slightly in December
Wednesday, 03 January 2018
UK construction companies indicated an uneven recovery in business activity at the end of 2017. A robust rise in residential building contrasted with falling work on commercial projects and stagnating civil engineering output. 
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Cut out these annoying phrases in the office for your 2018 New Year’s Resolution
Wednesday, 03 January 2018
Kit Out My Office, an online retailer of office furniture, have compiled their annual list of the most annoying office phrases that it believes should be stamped out as part of our New Year’s resolutions.  
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Invoice Finance reaches record levels in Q3 as UK SMEs plan growth
Wednesday, 03 January 2018
Figures released from the UK Finance reveal that the balance of pure Invoice Finance has grown from £18.6 billion at the end of Q2 2017 to £18.9 billion at the end of Q3 2017.
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