Business Daily

Exeter announces its bid to become the UK’s City of Culture in 2029 

Exeter City Council has today announced it will be submitting an expression of interest (EOI) for the prestigious UK City of Culture title. 

The City of Culture bid follows the culmination of five months extensive engagement and consultation with artists, creatives, cultural organisations and residents to shape the council’s commissioned new five-year Cultural Strategy for Exeter.

This will set out a clear ambition to become a leading city of culture. The new Exeter Culture Strategy is ambitious and will be delivered in partnership with the city’s cultural organisations...

Who governs and manages the GST Act - A complete overview of the framework

Authored by David Banks
Posted: Sun, 03/29/2020 - 6:43am

The framework of the GST (Goods and Services Tax) regime is efficient and robust as it has simplified the previous tax regime by removing 17 indirect taxes. There's a complete change in the tax slabs for different goods and services, which keep on changing depending on the revisions and feedback from suppliers and experts. GST council members are responsible for this change and other essential decisions. The council members include the central union finance minister, who is the chairman of the council, and state union ministers. State ministers have a say in the decision-making process,...

Mark Simic, partner at Simpkins Edwards LLP comments on self-employment Covid-19 rules

Support package for self-employed affected by Covid-19 pandemic – action needed now

Commenting on the much-anticipated support package announced by The Chancellor for self-employed workers affected by the  coronavirus pandemic, Mark Simic, partner at Simpkins Edwards LLP, said:

“For many, Chancellor Rishi Sunak’s package for the self-employed - whose income has been negatively impacted by COVID-19 - will have come as a huge relief. It means that - subject to meeting the criteria - they will receive financial support, although there will be a two month wait until grants are payable at the start of June.

“The Scheme provides a grant worth 80% of profits up...

Redmayne Bentley Exeter wins prestigious City of London Wealth Management Award

Authored by Mary Youlden
Posted: Thu, 03/26/2020 - 10:30am

Investment Management firm Redmayne Bentley’s Exeter office was recognised at the 2020 City of London Wealth Management Awards (COLWMA), the firm was named Regional Wealth Manager of the Year: Southern England.

This year’s award saw a record-breaking number of almost 33,500 votes placed by investors.

Individual awards were also presented to Redmayne Bentley staff: Darren Hirsh Outstanding - Individual Achievement and Fraser Robb - Exceptional Customer Service.

Denis Oppong, Head of the Exeter office, said: “We are grateful to our clients in the region who have...

What to Check Before Renting Business Premises

Renting a property for your business is significantly cheaper than buying, and also gives the business more flexibility in cases of growth. There are lots of different types of business and many different sectors to trade in, and each will have their specific requirements when looking at property to rent, but there are some commonalities that all business owners should consider when they start making viewings. Whether you're looking for a new-build retail outlet for your fashion brand or a cutting-edge office space for your SaaS startup, here are the most important areas to check and...

Council pledges support and advice for businesses

Authored by News Desk
Posted: Wed, 03/25/2020 - 5:40pm

Devon County Council has pledged that it will do everything it can to help local businesses through the coronavirus outbreak and ensure a strong recovery for the local economy.

The authority is encouraging businesses to visit the Heart of the South West Growth Hub to find essential information on available support and advice.

The Growth Hub, which is delivered by the County Council on behalf of the HotSW Local Enterprise Partnership, can help provide businesses with details of the Government’s proposals on Business Rate Relief and how eligible businesses can apply for...

Local print firm offers free flyers to local retailers to help support the local economy

Exeter based print firm Stormpress are offering free support to local shops, hospitality and leisure businesses struggling during the Coronavirus outbreak. The print company have offered to print up to 1000 free A5 flyers for up to 50 local businesses to help them get the message out to customers during this difficult time.

Henry Luce, Managing Director of Stormpress, Henry Luce said: “We were receiving emails from local businesses who had decided to move online or start home deliveries and they were clearly struggling to get that message out there. We felt we were in a unique...

Tips to help finance a small business

Obtaining financing for a small business can prove challenging regardless of the prevailing economic climate. Whether looking for money to help you survive during the hard times, capital to grow the business, or are in need of startup funds, it’s now proving to be tougher than ever before to secure the funds you may need. But this is not to mean that all is lost. With the right small business accounting tips, you should manage to get the money that you require. The following tips should help you get started:

Consider Factoring

This is a business financing method where the firm...

6 Facts About Welding Jobs You Probably Didn't Know

Authored by David Banks
Posted: Wed, 03/25/2020 - 7:47am

There can be a lot of misinformation offered by many people on what a career in welding can entail. If you are curious about welding, you should talk to people you know who are involved with the profession. In order to provide accurate details about this thriving industry, we have included 6 facts about welding jobs you probably didn’t know.

You Don’t Need College Education

Most people associate welding with many other trades, they tend to believe that welding requires a college education. In reality you will only need a welding certificate to practice as a welder, and courses...

4 Ways to Protect Your Business

Creating and running a business demands a lot of hard work and good practices to reach success, but it does not end there. You must understand the best way to protect your business to maintain the safe running and development of your product or service. This means understanding the biggest threats to your company and how to best safeguard against them.

Here are four vital ways to protect your business (and yourself).

  1. Stay Safe Online

Cybersecurity is essential in this day and age, with a lot of businesses operating online means the majority of the...

The Rise of the Online Shopper

Authored by David Banks
Posted: Tue, 03/24/2020 - 11:45am

Ecommerce has completely changed consumer habits in recent years and it is only predicted to continue to grow in the coming years. Statistics show that more than half of UK consumers now shop online and online spend is predicted to increase by a staggering 29.6% between 2019 and 2024 .

Benefits of Ecommerce

It is easy to see why so many consumers prefer online shopping to the high street because it can bring so many benefits to the consumer, including the ability to shop from home, much greater variety and the ability find the best prices on all kinds of goods such as a...

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