23 August 2011
Government introduces deregulatory measures to help SMEs access equity financing
The Financial Secretary to the Treasury, Mark Hoban MP, has announced that two deregulatory amendments to the EU Prospectus Directive have been brought into effect a year early by the UK to help small businesses access equity finance more cheaply and effectively.
The new requirements come into law on 31 July 2011, allowing businesses to take advantage of the measures from 1 August this year. Implementing the amendments a year early means that fewer small issuers are caught by the prospectus regime. SMEs will now be able to raise equity finance up to €5 million (doubled from €2.5 million) before a costly prospectus must be produced and will also be able to target a larger pool of investors (up to 150 investors, from 100).
The Treasury believes that lifting a significant number of small companies outside of the obligations to issue a prospectus will make accessing equity finance more efficient and save UK SMEs around £12 million per year.
Pay Review Data, Wage Benchmarking and Cost of Living – FEB 2024 UPDATE
14 February 2024
We have collated data from multiple sources that should be useful for BPIF members that are approaching internal pay reviews, and/or are having a closer look at their pay and benefits structure. The datafile, first published in February 2023, has been updated with the latest available data - and additional content on factors exerting pressure on pay settlements in 2024.
Slight recovery of output and orders falls short of expectations in Q4 - confidence concerns mount in 2024
22 February 2024
Performance in the UK's printing and printed packaging industry did improve in Q4, as far as output and orders are concerned. However, it didn't come close to what would historically be considered the seasonal norm, nor quite match the subdued expectations for Q4.
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