The coronavirus pandemic has worsened a longstanding late payment problem for British businesses, according to The Institute of Directors (IoD). The institute has called for 'more firepower' the UK's small business commissioner Philip King to help address the issue.
Institute Of Directors
The coronavirus pandemic has spurred widespread business innovation across the UK according to a new survey from the Institute of Directors (IoD), however, the organisation has warned that action from the UK Government is needed to maintain the momentum.
The Institute of Directors (IoD) is urging the UK Government to reinstate a key insolvency protection for company directors to prevent a sharp rise in insolvencies as restrictions come into place across the country. Earlier this year, the government suspended ‘wrongful trading’ rules, un
Business leaders fear a potential double hit from Covid and no-deal Brexit, new figures from the Institute of Directors reveal. In a survey of almost a thousand company directors conducted in late September, the majority said that the pandemic would magnify the impact of a no-deal Brexit on their or
Jim Galbraith, director of Scottish Friendly, and Sarah Deas, non-executive director of Bank of Scotland Foundation Wellbeing Economy Alliance (Scotland), have won top accolades at the IoD Scotland Director of the Year Awards.
Business groups, trades unions and leaders from local government and the third sector have committed to putting fair work at the heart of Scotland’s economic recovery.
A debt repayment system similar to student loans payback schemes where companies only start repaying debt undertaken during the coronavirus crisis once they have turned a profit, has been proposed by the Institute of Directors (IoD) as critical to economic recovery. Directors of UK businesses
One in four UK businesses using the Coronavirus Job Retention Scheme have warned that they will not be able to top up salaries after the scheme is cut back in September, according to a new survey released by the Institute of Directors (IoD). The UK Government announced earlier this month that it wou
The UK Government has today introduced the Corporate Governance and Insolvency Bill in Parliament, which will put in place a series of measures to amend insolvency and company law to support businesses and to address the challenges resulting from the impact of coronavirus.
The Institute of Directors (IoD) has called for help for companies and entrepreneurs currently 'falling through the cracks' of government support, as new figures underline the impact of the coronavirus outbreak on firms.
Directors across the UK are asking the government for a temporary indemnity which allows them to keep technically insolvent firms in operation during the coronavirus pandemic without fear of legal action. Under current legislation, company boards can be sued for failing to wind up a company if it is
The Business Barometer produced by Bank of Scotland has revealed that overall confidence in October was -3%, an improvement of 15 points from September. Scottish companies show a net balance of 2% in terms of their own business prospects last month, which is a seven-point increase from Septembe
Scottish business leaders Pauline Howie OBE and Robin Watson have been recognised by the Institute of Directors (IoD). Ms Howie, CEO of the Scottish Ambulance Service, and Mr Watson, CEO of Wood, were among the winners at the national final of the Director of the Year Awards on Friday night.
UK start-up founders are defying the economic gloom and have managed to grow their businesses within the last year, according to a new survey conducted by the Institute of Directors (IOD).
Malcolm Cannon has begun his role as national director for Scotland at the Institute of Directors (IoD). Mr Cannon will be responsible for leading the organisation through a transformative era to establish greater autonomy in IoD Scotland and to attract directors and other leaders from across all se