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small business news
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big business bullies
Alliance Boots is one of the companies that have come under criticism from the small business community, due to its policy of delaying invoice payments.

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SMEs stashing cash under the mattress
Small firms have been depositing "record" amounts of money into their business accounts to prepare for the economic slowdown, according to Lloyds TSB.
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interest rates stay at 5% for another month
The Bank of England's Monetary Policy Committee has held interest rates at 5% for the third consecutive month.

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document FPB urges reform of sick notes back
january 2007
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The Forum of Private Business (FPB) is urging a reform of the way that sick notes are issued to employees when covering time off work.

According to the FPB, the information currently present on sick notes does not adequately explain to employers what the employee is able to do, which can be damaging to smaller firms who may depend upon a small number of staff.

The FPB believes that explanations for complaints such as back pain should be considerably less vague.

"There are also some health complaints that don't stop a worker from being able to do his or her job," said Victoria Carson, campaigns manager for the FPB, speaking at a recent Department of Work and Pensions event.

"Someone with a twisted ankle is perfectly capable of sitting at a desk," she added.

As a result of employee sickness, around 32.9 million working days are lost each year, according to the Health and Safety Executive.



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