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small business news
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opt-out over
The European Parliament has voted to end the UK’s opt-out of the Working Time Directive, which restricts people to working a maximum of 48 hours a week.

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unemployment hits new high
1.86 million people were unemployed by the end of October, according to figures from the ONS.
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labour of love
55% of entrepreneurs plan to keep working past the age of 65, many because they enjoy running their business too much.

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document growth stalled back
august 2008
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Economic growth came to a standstill between April and June this year, according to the Office of National Statistics (ONS).

The halt in growth is likely to encourage calls from business groups in favour of cutting interest rates to stimulate the flagging economy.

The ONS had predicted 0.2% growth during the quarter, which would have been a drastic cut from the 1.4% economic growth in the same period in 2007.

This ends 63 consecutive quarters of economic expansion.

 

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