Our Marketing department have been busy creating a series of short, animated video’s to illustrate how our services can help you and your business grow! Read more…
Fraud is costing the UK economy billions of pounds a year, new research has found.
The Annual Fraud Indicator, compiled by the National Fraud Authority (NFA) and published on 6 June, put the annual cost at £52 billion.
Private businesses were estimated to have suffered total fraud losses of £15.9 billion while the public sector faced a £20.6 billion fraud bill. The cost to individuals was put at £9.1 billion, while charities were estimated to have suffered losses of £147 million. Fraud affecting financial and insurance activities was put at £5.4 billion.
A freeze exempting small businesses from some new regulations is to be extended to larger enterprises.
Business Minister Michael Fallon announced on 6 June that the freeze exempting businesses with fewer than ten employees from burdensome new regulations would be extended to firms with up to 50 staff, and will continue from 2014.
Failure to pay their workers the national minimum wage has cost employers targeted by HM Revenue & Customs (HMRC) £4 million.
HMRC secured an average of £300 in back pay for 26,519 employees, topping up wages that had previously been below the legal minimum rate, in the 2012-13 financial year.
The Information Commissioner says that businesses that fail to handle their customers’ personal data properly will quickly find themselves losing clients.
Speaking at the launch of the Information Commissioner’s Office (ICO) annual report on 20 June, Christopher Graham said consumers were keenly aware of how their data should be handled.
It can be easy to ignore a problem and hope that it goes away – but eventually, it becomes evident that you have to roll up your sleeves and deal with it! If your problem is cleaning the bathroom (even after having all the family in the house over the Christmas period) then that’s not too bad, but it can be a different matter entirely Read more…