Managing costs

Inflation unexpectedly rises to 3.5%

Inflation in the UK rose in March to 3.5 per cent, up from 3.4 per cent the previous month, driven by higher food, clothing and recreation prices, according to the Office of National Statistics.

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Temporary agency workers drive business growth but lower wages

Using temporary agency workers can improve company performance but cause anxiety amongst permanent staff who receive lower wages for the same roles, a new study by the National Institute of Economic and Social Research (NIESR) has found.

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Big six energy deal to benefit households and businesses

An agreement between the UK's 'big six' energy companies, meaning they will be required to tell customers if they are overpaying and allow them to switch to a better deal , is to cut the bills of millions of consumers and businesses, according to the Government and business groups.

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Stamp prices to increase by nearly 40%

The cost of first and second class stamps is to rise after the regulator Ofcom granted Royal Mail greater freedom to set its own prices.

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Businesses encouraged to join Government’s prompt payment drive

The Department for Business Innovation & Skills (BIS) is launching a new initiative to promote wider cooperation between businesses and suppliers so that payments are received on time.

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Energy bills to be simplified

Energy bills look set to be simplified as the big energy suppliers recognise the confusion that their tariffs cause.

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Small firms must prepare now for winter weather

Small businesses are being urged to prepare now for winter weather, as the unseasonably mild conditions across the UK look set to end later this month.

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Late payments to small firms hit record highs

Small and medium-sized businesses are owed £33.6 billion in late payments - a record high - according to Bacs.

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Business confidence rises despite economic fears

Businesses remain confident of their prospects for the next six months, despite losing confidence in the global economy.

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Proposed employment laws will add to business costs

A range of new employment laws that are due to be introduced over the next few years could cost UK businesses as much as £22.87 billion, the British Chambers of Commerce (BCC) has claimed.

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