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Public sector contracts: social value rules lifted for bids under £1 million

From 1 January 2027, central government will assess social value in contract bids using a new model set out in Procurement Policy Note 026, published by the Cabinet Office in
News

Companies House identity verification: the first directors have been prosecuted

The Insolvency Service has secured its first convictions for failing to meet Companies House identity verification requirements. Three directors from two companies were fined at City of London Magistrates' Court
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VAT and PAYE: HMRC consults on making Direct Debit compulsory

HMRC has consulted on a proposal to make Direct Debit the required method of paying VAT and PAYE return liabilities for most businesses and employers. The consultation ran from 23
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Business outlook: slow growth and weak investment forecast into 2027

The British Chambers of Commerce expects the UK economy to grow by 1% in 2026 and by the same amount in 2027, according to its latest quarterly forecast, published in
News

Late payment reform: a bill that works in SMEs’ favour is now before Parliament

The Commercial Payments Bill was introduced in the House of Lords in May 2026, following the government's response to a public consultation on late payment. Once in force, likely no
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Business rates: the new multiplier system has not meant lower bills for everyone

From 1 April 2026, the business rates system moved from two multipliers to five, with lower rates for retail, hospitality and leisure properties under £500,000 rateable value, funded by a
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Employment Rights Act: the next wave of changes lands on 30 October

The next phase of the Employment Rights Act 2025 takes effect on 30 October 2026. Employers will be required to take all reasonable steps, rather than simply reasonable steps, to
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Companies House identity verification: the deadline is closer than it looks

Companies House now requires directors and people with significant control to verify their identity.
Blog

Business Exit Strategy: Why It Should Start Years Before You Sell

Most UK business owners have no exit plan. Here is how to assess your business, define the outcome you want, and start preparing early.
Blog

The Loneliness of the C-Suite: Why Business Mentoring Is the Structural Answer

C-suite isolation is a structural problem, not a personal one. Here is why senior leaders benefit from a business mentor and how it changes decision-making.
Blog

AI in the SME: Practical Tool or Expensive Distraction?

The SME owners getting the most from AI are not the most technically minded. They are the most commercially clear. That distinction matters more than most of the content being
Blog

Where Is Your Business Profit Really Going, and Why Is It So Easy to Miss?

Revenue growing but profit not following? Here is why profit quietly disappears in most SMEs, and how thexton armstrong's profit leakage research can help you find it.
Blog

How to Use a Business Mentor and Get Value

Many owners do not get the value they expect from mentoring. Here is what business mentoring actually is, and how to get real value from it.
Blog

Build From Scratch or Join a Franchise? A Guide for Senior Executives

Considering business ownership after a senior career? Compare the real cost of building independently against joining an established franchise.
Blog

My Turnover Is Growing. Why Isn’t My Bank Balance?

When owner managed businesses see growth, their order books are fuller, activity levels are up, and, on paper at least, the position looks healthier. Despite this, a familiar concern often
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