Cedar + Co. Chartered Accountancy Firm in Derby

Leadership

Minister urges businesses to take cyber security seriously

Free tools to help businesses of all sizes The Security Minister, Dan Jarvis, has urged business leaders to act now to strengthen their cyber resilience, warning that cybercrime is one of the biggest threats facing the UK economy.   Speaking at the launch of the National Cyber Security Centre’s (NCSC) 2025 Annual Review, he reminded

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ICO Reminds Businesses to Strengthen Cyber Security

What practical steps can your business take? The increasing prevalence of cyber-attacks has led the Information Commissioner’s Office (ICO) to remind businesses to review their security measures and protect any personal information they hold. According to government figures, UK businesses experienced an estimated 7.7 million cyber-crimes over the past year. Most small businesses store personal

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UK Economy: Growth Falters, Inflation Rises

Practical Takeaways for Business Owners Business owners across the UK are facing an increasingly complex economic picture. Inflation has crept up again and recent figures show the economy has contracted for two months in a row. So, what’s really going on – and what should you be doing as a business owner?   Inflation rises

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FSB Updates Guidance on Employers’ Liability Insurance

Help in checking your insurance arrangements The Federation of Small Businesses (FSB) has recently updated its guidance on Employers’ Liability insurance – a useful reminder of the rules and risks around a business insurance that is legally required in the UK. The guidance explains that if you employ anyone – including part-time, temporary, or even

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Chancellor Releases 2025 Spending Review

Takeaway Points for Your Business The Chancellor unveiled her Spending Review in June setting out how government departments will allocate money over the coming years. While much of the focus was on large-scale public services like the NHS and schools, there are some important signals here for businesses to take note of – both in

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Government Targets £7.5 Billion in Unpaid Tax

Focus on Business Compliance The government has announced plans to raise an additional £7.5 billion by stepping up efforts to close the tax gap – the difference between the tax HMRC expects to collect and what is actually paid. Figures published on 19 June show that £46.8 billion in tax went unpaid in the 2023-24

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No Change for the Bank of England Base Rate

Inflation Still a Concern The Monetary Policy Committee (MPC) decided to keep the Bank of England base rate at 4.25% following its latest review on 19 June 2025. Their decision was not a great surprise. While inflation had reduced in the earlier part of the year, the current figures show that inflationary pressures continue to

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