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Home » Latest News » Business News Roundup – 19th August 2024
Welcome to the DPC round up of the latest business news for our clients for 19th August 2024.
Please contact us if you want to talk with out team of experienced Stoke-on-Trent accountants about how these updates affect your business. We are here to support you!
A small business from Barnsley, Slime Party UK, has successfully secured government-backed financing, enabling it to significantly expand its operations, create new jobs, and develop new product lines.
This success story provides a valuable blueprint for other small businesses seeking to grow, especially those looking to enter or expand in export markets.
Andrew Paul Bird, a 60-year-old former investment firm director from Quarndon, Derbyshire, has been subjected to the maximum 15-year bankruptcy restrictions after being found guilty of defrauding investors. Mr Bird misled 13 individuals and couples into investing in a fraudulent scheme between 2011 and 2016, promising secure returns while exposing them to significant financial risks for his personal gain.
The latest annual update to Student Loan interest rates was made last week by the Department for Education.
Different rates and thresholds apply depending on the type of student loan and the new rates will apply from 1 September 2024 to 31 August 2025.
Those running payroll may want to be aware that the rates are changing in case of queries from staff with student loans who notice a change in their deduction in their September pay packet.
A recent case involving a former employee of Enterprise Rent-A-Car highlights the importance of robust data protection measures.
Jonathan Riches, 46, was fined £10,000 and ordered to pay £1,700 in costs after pleading guilty to illegally accessing motorists’ personal details. This breach, which occurred between 2009 and 2011, involved Mr Riches using his former connections at Enterprise to obtain sensitive data for personal injury claims. According to the Information Commissioner’s Office, he made hundreds of thousands of pounds in financial gain as result.
The recent riots have left many small businesses dealing with damage and disruption.
The Federation of Small Businesses (FSB) Insurance Service has created some guidance to help businesses that have been affected.
The guide includes practical steps that businesses can take when experiencing or expecting problems.
Rural business owners across Britain are on the cusp of a significant digital transformation, thanks to a landmark deal between the UK Government and Openreach that’s part of an initiative aimed at modernising outdated broadband infrastructure.
With up to £800 million in investment, this ambitious project is aiming to deliver lightning-fast gigabit-capable broadband to around 312,000 homes and businesses in some of the most remote areas, including parts of Wales, Scotland, and England.
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Jamie Batt2024-09-30 I cannot recommend DPC highly enough! From the moment I reached out for an audit, their professionalism and expertise were evident. The team was incredibly thorough. What sets DPC apart is their genuine commitment to their clients. They approached everything with a friendly and professional demeanour, making the experience feel collaborative rather than just transactional. I felt supported and informed throughout. Thanks to their meticulous work, I’m grateful for their help and will definitely be returning for future audits. If you're looking for a trustworthy and friendly audit firm, look no further than DPC. Deian Tecwyn2024-09-02 I was recommended to ask Esther Hancock, Angie Bowker and their colleagues at DPC to act for our business in a reorganisation of the group structure, involving the establishment of a new holding company and a share-for share exchange. The team did a great job, demonstrating real expertise, quick communication, efficient and effective liaison with HMRC, and a commitment to getting everything done in good time. I'd unhesitatingly recommend DPC for this type of work. Atomar Holdings Ltd2024-04-21 We have been using DPC for quite a number of years and it has always been a pleasure to work with Simon Owen and the team. In particular the time and patience they spare for those of us who need the finer points of accountancy explaining to us in its most simplistic form. alistair burns2024-04-18 I have a long-standing relationship with DPC and many of its employees. The invaluable help they've given me and my colleagues over many years now has helped me get on with running and growing the various businesses with which I am involved. I would highly recommend DPC and the multitude of services on offer to anyone who is serious about their business and solving the various financial complexities that come with it. Edward Copestick2024-04-17 Excellent service from lovely people. My needs were quite particular and they made everything sound so easy. C Harris2023-11-03 Provided good service for several years Ajay Nayyar2020-11-12 I cannot praise DPC enough. They have been absolutely amazing. When I first met Michelle Coates and we had conversations about my businesses, she understood and created a picture from day 1. Since that day, there's seems like nothing is too big or complex and this defnitiely makes my life far easier as a business owner. 100% in every aspect, and I would recommed them to absolutely everyone I know. Andrew Knibbs2020-09-16 Michelle and her Team at DPC have been fantastic for us over the past 5 years. She has taken the time to understand how our business works and helped us significantly grow over that time. She is great at explaining the important details in simple terms and has a wide range of industry contacts who have been equally great when we have needed them.
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