small business news

self-assessment deadline extended

Sole traders, entrepreneurs and other individuals who are required to fill out self-assessment tax returns will not receive a late filing penalty if they make their submission on the 1st or 2nd of February.

schools must develop entrepreneurs

The Forum for Private Business has called for schools to play a leading role in encouraging entrepreneurship amongst young people.

google targets welsh SMEs

Search engine giant Google has announced a 12 month campaign to get businesses in Wales to start using the web.

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SME lending on the rise

june 2009

Small businesses are getting access to more finance from their banks, according to the British Bankers' Association (BBA).

In April, small business lending rose by £287 million including overdrafts, with 48,000 new SMEs accessing finance.

"The High Street banks' support for the small business sector continues to rise," said David Dooks, statistics director for the BBA.

There is still some concern that there is still not enough money getting to small businesses. Paul Tucker from the Bank of England stated that it would be hard to assess the level of funding availability to SMEs until the end of the year.

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