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East Midlands Chamber News

News from June 2005

26 June 2005

Companies House urged to tackle ID theft

ID theft occurs when fraudsters change the details of a registered limited company - such as the names of directors or the company secretary - at Companies House without the knowledge of the company concerned. They then use the established business' good
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26 June 2005

Seize potential to end recruitment trouble, firms told

The CIPD's advice follows its research which found 85 per cent of private sector firms are experiencing recruitment problems.Of these, 68 per cent said they've appointed someone in the last year without all the skills and experience required for a specifi
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26 June 2005

Start-ups fall as consumer spending slows

"Last year the economy was particularly strong and start-ups were at their peak," said a spokesman for Barclays. "However, the fall in consumer spending on the high street and uncertainty surrounding the housing market has dampened consumer confidence. As
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24 June 2005

Monkey Magic Spells Business Success

Two High Peak business partners are hoping to conjure up success with Monkey Magic a new children's indoor adventure playground in New Mills.Marketing and sales executive Jill Simner and photographer Iain Klieve have opened the colourful play space to plu
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24 June 2005

Chance to enter the Dragon's Den

The BBC is looking for business ideas, significant inventions or products with serious business potential that are in the right phase of development, investment ready and are looking for funding. They are especially interested in getting diverse, unusual
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24 June 2005

Buxton salon ahead of the game

Brushing up on business and professional skills is helping Buxton-based hairdresser Huw Ellis and his staff stay at the cutting edge in a competitive and ever-changing service sector.Huw and his eight-strong team, of Huw and Friends, Dale Road, are boosti
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24 June 2005

Late-payment interest remains fixed

Under the Late Payment of Commercial Debts (Interest) Act 1998, businesses can charge other firms interest on late payments. The amount which can be charged is set for six-month periods and is calculated by adding eight per cent to the Bank of England bas
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24 June 2005

Red tape damaging entrepreneurial spirit

A further ten per cent of business owners would be unlikely to start another firm if the opportunity arose because of the amount of red tape involved.According to figures from the British Chambers of Commerce (BCC), legislation has cost businesses £39bn s
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24 June 2005

Information Commissioner gets tough on business

"The Regulatory Action Division has been set up to protect personal information held by businesses, and ensure compliance with the DPA," said ICO assistant commissioner, David Smith."Previously complaints were handled by a compliance team, but now for the
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23 June 2005

Moved to do Better

Business Link has moved to brand new offices at the recently-opened Brian Clough Business Centre on Cotton Lane, Osmaston, Derby. Nearly a dozen administrative staff and business advisers have successfully completed the transition to their new base, which
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23 June 2005

Look who's coming to dinner!

This year’s Derbyshire Chamber and Business Link dinner in October promises to be a prestigious and highly entertaining occasion, with guest speaker Adrian Chiles, presenter of BBC 2’s Working Lunch, providing wit and insight.Raised in Hagley in the West
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23 June 2005

Health for Wealth

The Government firmly believes small to medium sized businesses are the powerhouse of the British economy. That is why they are funding a free independent service, using a Business Performance Diagnostic to help you gauge how your business is shaping up a
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18 June 2005

Tradespeople missing advertising opportunity

A survey of more than a thousand businesses in London found that only 40 per cent displayed a website address on their vehicles.Whether this is because they don't have a website, or just haven't thought to include it in their contact details; in both inst
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18 June 2005

FSB warns that licensing rules penalise small firms

Under the new legislation, businesses have to apply to their local authority for a single premises licence covering all licensable activities. Previously, there were six separate licences for alcohol, public entertainment, cinemas, theatres, late-night re
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17 June 2005

Businesses' understanding of credit management growing

Since the introduction of the directive in 1998, small businesses have had the right to claim interest from large firms and the public sector on overdue invoices. In November 2000, this was extended to include charging other small firms.In 2005, the amoun
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11 June 2005

Firms failing to reap full benefit of temps

IiP believes employers need to give greater thought to temporary workers' roles, provide inductions and motivate temps more effectively, so they will want to play a part in the firm's success.Chief executive of IiP, Ruth Spellman, said: "Employers frequen
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11 June 2005

Agree references to avoid litigation, firms urged

ELAS figures show that 90 per cent of small firms were afraid to act as a referee, with 20 per cent saying they refused regardless of whether the ex-employee was a good worker.Will Clayton, partner and employment specialist at Dent, Raven and Marsdens sol
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11 June 2005

British Library launches online research service

There are currently nine million articles held by the library, going back five years - with a further 150,000 new entries added each month.The service features information on economics, education, engineering, the environment, food and agriculture, law, m
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11 June 2005

Working time opt-out success welcomed

The WTD prevents employees working from more than 48 hours a week, but the UK was granted an opt-out in 1993 allowing workers to decide whether they worked in excess of these hours.In recent months, the European Parliament has pressured the UK to surrende
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10 June 2005

Last chance to win £25,000 for your business!

Derbyshire Chamber and Microsoft are encouraging UK businesses not to miss the chance to enter the British Chambers of Commerce (BCC) Awards 2005. The closing date for entries is the 27th June so there are only a few weeks to make submissions. Now in its
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9 June 2005

Bitesized learning offer

Derbyshire businesses in the food and drink, healthcare, tourism, leisure, culture and hospitality sectors will be able to get free training sessions as part of a one-month offer this June. The Learning and Skills Council (LSC) is teaming up with Business
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3 June 2005

Entrepreneurs invited to find out how investors think

The service, which is called 'The Gauntlet', was developed by research and data services company Library House and the London School of Economics (LSE).Doug Richard, chairman of Library House, said: "Entrepreneurs are at a huge disadvantage. They don't un
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3 June 2005

Three-quarters of small retailers miss out on online sales

The research found that 75 per cent of small retail businesses don't have websites from which their customers can make purchases."The Web is becoming too powerful a sales channel for ambitious small retail businesses to ignore," said Geoff Iddison, chief
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3 June 2005

Employment tribunal claims fall in 2004

According to Manchester-based law firm Peninsula, the number of employment tribunal cases fell from 127,594 in 2003 to 97,896 in 2004.Mike Huss, senior employment law specialist at Peninsula, said: "When you see the large awards that are made and you beco
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1 June 2005

Driving forward

Help is at hand for East Midland businesses who fear they may suffer from the fall-out of the MG Rover collapse.Five thousand people are being made redundant at the Longbridge plant with thousands more jobs at risk in companies that supplied the car maker
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1 June 2005

Female entrepreneurs face loan rate discrimination

The research, which was supported by a consortium of major business organisations and banks, found female-owned businesses typically paid 2.9 percentage points over the base rate on business loans, while male owned businesses paid just 1.9 percentage poin
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1 June 2005

Black and ethnic minority start-ups reach record high

Barclays found the number of BME start-ups increased from 32,000 in 2000 to 50,000 in 2004 - and they now account for 11 per cent of all new businesses.According to Louise Fowler, Barclays' small business marketing director, the rise in BME businesses is
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