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Small business productivity in need of boost

Improving the productivity of UK small businesses is "one of the biggest challenges" for policymakers, according to a report by the All Party Parliamentary Small Business Group.

The report highlights 7 key steps to boosting economic productivity among small businesses. Since the financial crisis, the UK's productivity has fallen behind other developed countries such as France and...

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Three quarters focus on saving

Almost three quarters of British people say they are currently saving, according to research by Scottish Widows.

The savings study found that 74% of the 5000 surveyed adults are actively putting money away each month - up from 63% in 2010.

There has been a 7% rise in the average amount of long and short term savings, increasing from £30,...

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Pension saving highest in 18 years

Pension saving is at its highest level in 18 years, according to official figures.

Data from the Office for National Statistics shows that 59% of all workers are now members of a pension scheme. This is a rise of more than 10 percentage points from 2012, when the figure was 47%.

The number of private sector employees saving into a pension has moved to 49% from 47% in 2012.

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Small firms concerned about cloud computing

Almost 4 in 10 small businesses are concerned about the security of using cloud accounting services, according to research by the Federation of Small Businesses (FSB).

The survey of more than 1,200 small firms found that 38% are sceptical about the safety of cloud computing, despite 60% of firms using the technology.

The top 5 concerns of firms are:

  • data loss or...
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Millions to benefit from marriage tax break

More than 4 million married couples and 15,000 thousand civil partnerships stand to benefit from the Marriage Allowance, according to official government estimates.

From April 2015, the Marriage Allowance will allow a spouse or civil partner to transfer up to £1,060 of their personal allowance to their partner.

To be eligible for the tax break, donors must be...

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