British SME topic
OPSS, UKHSA and HSE have issued a joint statement on asbestos in some sand-containing consumer products. Small retailers, importers and online sellers should check recall lists, stop affected lines and keep clear records of action…
HMRC and government departments have updated UK preferential tariff reference documents. SMEs that import from trade-agreement countries should check commodity codes, origin evidence and landed-cost assumptions before the next shipment.
The Bank of England has held Bank Rate at 3.75%, but energy price uncertainty means small businesses should still stress-test borrowing, cash flow and costs.
A new Insolvency Service study says Members’ Voluntary Liquidations are generally working effectively. For SME owners, the useful point is knowing when an MVL may be relevant, what it is designed to do, and why…