Archive for Company News

Review of business rates administration announced

A review of the way business rates are administered from 2017 has been announced by the Treasury and the Department for Communities and Local Government (DCLG). The review will examine the application of rates relief and exemptions, improving communication with ratepayers, changes to the valuation process and the frequency of valuations, but will not review the link between business rates and rental property values. James Lowman, Chief Executive of the Association of Convenience Stores (ACS), said: “This review will provide retailers with a great opportunity to communicate the impact of business rates and how the system can be improved.”
There is more about the review at:
https://www.gov.uk/government/publications/business-rates-administration-review-terms-of-reference
And:
http://www.acs.org.uk/en/Press_Office/details/index.cfm/obj_id/8FA3F407-30F6-4DCB-8F7A51A20B3C727B

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Smaller firms set to increase capital spending

Small and medium-sized firms in the UK are set to invest over £45 billion on upgrading equipment and increasing efficiency according to a survey by GE Capital. This represents a 23% increase on investment plans set out in a previous survey in the first quarter of 2012. The survey also claimed that losses made by UK firms due to out-of-date or inefficient equipment were significantly higher than in other European countries. John Jenkins, chief executive of GE Capital UK, said: “After a period of under-investment brought on by broader economic uncertainty, it’s good to see UK businesses once again looking to increase investment in capital expenditure and creating new jobs.”

Read more on the survey at:
http://www.genewscenter.com/content/detailEmail.aspx?NewsArea
ID=2&ReleaseID=15408&AddPreview=False&ClientID=-1&PreviewId

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Dacorum Showcase Event

Find out more about Business in Dacorum.

Come and meet our Dacorum Business Community at this exciting Showcase event taking place at Shendish Manor Hotel in Apsley from 1pm to 7.30 on Friday 9th November.

  • See what great businesses there are in Dacorum
  • Experience the buzz of the world of business
  • Discover what apprenticeship schemes available
  • Hear about regeneration plans for the area
  • Find out about the Dacorum;  Look No Further  campaign

Attendance at the event is free with entry to a Showcase Buffet

hosted by Mike Penning MP, available at £10.00 per head.

 

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Maylands Business Centre marks its first anniversary by exceeding expectations

As the Maylands Business Centre reaches the end of its first year, Dacorum Borough Council is heralding its success in nurturing local businesses.

This month marks the first anniversary of Dacorum Borough Council’s Maylands Business Centre. Opened by the Secretary of State for Communities and Local Government, the Rt. Hon. Eric Pickles MP, the Maylands Business Centre has gone from strength to strength. The Business Centre has proven itself to be a popular and valuable resource to businesses looking for their first premises. Several of the centre’s tenants have expanded and moved on to larger premises, proving the concept behind the Business Centre that with the right kind of support, small businesses can thrive.

The American BBQ Company, a tenant at Maylands Business Centre, said “The Maylands Business Centre has provided us with a base we’ve been able to expand in, a support structure that has helped smooth the transition from home business to limited company, and access to a group of like-minded business people who have provided invaluable advice.”

Cllr Terry Douris, Portfolio Holder for Planning and Regeneration, said, “The Maylands Business Centre represents the Council’s commitment to supporting small and start-up businesses to establish themselves and flourish. The first anniversary is an important milestone. I’m overjoyed at how successful the Business Centre has been and we are now forecasting that the centre will have paid for itself nine months earlier than we originally planned.”

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