New wave of entrepreneurs create 300,000 businesses

A total of 300,000 new businesses have been set up in the UK, according to the latest figures from the Department for Business, Innovation and Skills. The number rose from 4.5million at the beginning of 2011 to a record 4.8million at the start of 2012.Those 4.8 million businesses employ an estimated 23.9 million people and

Rent control being considered by Select Committee

Rent control is one several ideas being considered by a Commons Select Committee looking into the quality and regulation of rented housing. The committee is inviting interested parties to submit views on issues such as the quality of rented housing and how to ensure that standards remain acceptable. It will look at levels of rent,

Business insolvencies reach a two-year peak

The number of firms going out of business reached its highest level for two years in the first quarter of 2012 as the economy hit a “period of stagnation”. Figures released by the financial services firm RSM Tenon showed that more than 400 companies became insolvent every week. This was a 5% increase on the

Estate agents face prosecution over misleading information

Three estate agents face prosecution for printing misleading information about the size of a garden in a property they were selling – even though they included various disclaimers. In the brochure they described the house as a “charming period, detached family house…set within superb gardens of approximately three-quarters of an acre”. The gardens were actually

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