Flooring Headlines

  • Featured Partner
    WIN ENGLAND-V-NIGERIA WEMBLEY TICKETS

    Win England Football Tickets with Floorinsite and Havwoods Accessories

    This is your chance to win two sets of England Football Tickets at Wembley with Floorinsite.com and Havwoods Accessories! Sponsored by HAVWOODS ACCESSORIES Winners will receive a souvenir programme and be able to watch the game from premium viewing seats on Club Wembley Level 2 with access to the private level 2 Concourse, featuring several eateries and bar facilities. ENGLAND V NIGERIA Saturday 2nd June – Wembley Stadium England will take on Nigeria on the…

    Read More »
  • Flooring News
    WIN ENGLAND-V-NIGERIA WEMBLEY TICKETS

    Win England Tickets with Floorinsite.com

    This is your chance to win three sets of England  Tickets from Floorinsite.com and Floors magazine. Sponsored by HAVWOODS ACCESSORIES Winners will receive a souvenir programme and be able to watch the game from premium viewing seats on Club Wembley Level 2 with access to the private level 2 Concourse, featuring several eateries and bar facilities. ENGLAND V NIGERIA Saturday 2nd June – Wembley Stadium England will take on Nigeria on the 2nd June 2018,…

    Read More »
  • Show News
    The Flooring Show 2018 Ocean Media Group

    OCEAN MEDIA GROUP BUYS THE FLOORING SHOW

    The Flooring Show, the UK’s national flooring event, which marked its 55th edition this year, has been purchased by Ocean Media Group, a leading provider of exhibitions, events, awards and specialist publications. Owned and organised by Wendy Adams for the past five years, the show has undergone a period of regeneration and growth under her management and is now gearing up for its 2018 edition, which will run on 16-18 September at the Harrogate Convention…

    Read More »
  • Carpet and Rug News
    Daniel-Wellington-Bolon-carpet

    Visual Drama, Created in Hollywood – Swedish Drama, Hollywood Style

    Daniel Wellington is a leading accessory brand, globally recognised for the sophisticated and minimalist design of its products. Since its inception, the company has sold over 6 million watches and established itself as one of the fastest growing and most beloved brands in the watch industry. At the same time, the brand’s social media community has quickly evolved into a global movement with 3,2 million followers on Instagram helping to grow, define and develop the…

    Read More »
  • Flooring News
    FloorSwitch

    Floorswitch APP to revolutionise the way the world sees floors

    The ‘imagination gap’, the point between a sample request and a loss of custom, currently costs the UK flooring industry an estimated £60 million per year. FloorSwitch is set to solve this problem with their revolutionary augmented reality flooring application. Utilising the latest in mobile technology, FloorSwitch has developed the World’s most technologically advanced edge detection system. This allows users to visualise the floor with minimal to no user input. “Currently, users are required to…

    Read More »
  • Screeds News
    Bostik-Screeds and Adhesives

    Bostik receives top marks for flooring at the University of Huddersfield

      Titan Flooring was the main flooring contractor for the £27.5m development, which includes the new six-storey Oastler building that will house the University’s Law School and part of the School of Music, Humanities and Media. The building has a range of environmental features which have helped it achieve BREEAM Excellent status. A number of products from Bostik’s range were selected to ensure a superior floor finish across the Oastler building. These included the Screedmaster…

    Read More »
  • Flooring News
    flooring manufacturers fines

    French Competition Authority fines three leading PVC and Linoleum manufacturers €302 million over price fixing accusation

    Acting on information submitted by the Directorate General for Competition Policy, Consumer Affairs and Fraud Control (DGCCRF), the Autorité started proceedings ex-officio and, in 2013, conducted dawn raids in the floor coverings industry. The Autorité today published a decision sanctioning the three leading PVC and linoleum floor coverings manufacturers in France, Forbo, Gerflor and Tarkett, together with the relevant trade union, the SFEC (Syndicat Français des Enducteurs Calandreurs et Fabricants de Revêtements de Sols et Murs). The Autorité…

    Read More »
  • Floors Magazine
    Floors Magazine Free Recruitment

    FREE editorial coverage for Retailers, Contractors and Fitters

    The Floors magazine and Floorinsite team have over 30 years experience in flooring media and have led the digital flooring media industry for ten years; we find everything we implement eventually gets imitated. We have six years and over 5,000 fully searchable news stories, features and industry information as well as 4,200 flooring businesses listed in our directory. With more readers and subscribers over any other UK flooring media, a fresh new design on Floorinsite.com brings…

    Read More »
  • Businesses Back Prompt Payment Code

    Businesses have backed the Prompt Payment Code (PPC) to support SMEs who are dealing with overdue payments. 32 big suppliers to the government have voluntarily committed to pay 95% of invoices within 60 days and are working towards making 30 days the standard norm. The PPC sets the standards for best practice for businesses and suppliers dealing with late payments and invoices, ensuring everyone is paid on time and offered clear guidance on procedures. It…

    Read More »
  • Response To Late MTD Payment Sanctions

    The Chartered Institute of Taxation (CIOT) is calling on HMRC to allow taxpayers a limited number of defaults before incurring a late payment penalty under Making Tax Digital (MTD). Most businesses, self-employed people and landlords will be required to use digital accounting software to keep and file tax records on a quarterly basis from next year. The new system is set to roll out from April 2018 for those with an annual turnover exceeding the…

    Read More »
  • Firms Call To End Business Rates Funding Delay

    The Federation of Small Businesses (FSB) has called on the government to speed up the funding process for small firms impacted by the rise of business rates. The most recent business rates revaluation came into effect on 1 April 2017. A business coming out of small rate relief will not face an increase of more than £600 on the previous tax year. A £300 million fund was allocated to local authorities to provide help to…

    Read More »
  • Self-Employed Value Sick Pay Over Other Benefits

    Self-employed people would prefer to receive sick pay over any other statutory benefit, a study by FreeAgent and The Freelancer & Contractor Services Association (FCSA) has found. However, out of 900 micro-business owners surveyed, 76% have no plan in place to provide sick pay, maternity leave, holiday or redundancy pay. Attitudes towards statutory benefits varied depending on business structure with sole traders more likely to value sick pay compared to those working through their own…

    Read More »
  • Landlords Hit By Mortgage Interest Relief Changes

    Landlords with 1 property could be pushed into a higher tax bracket due to changes to mortgage interest relief. The National Landlords Association (NLA) polled 754 landlords and found that 16% with a single property said they will move into a higher income tax bracket – a 7% increase from Q4 2016. Changes to relief on finance costs on residential properties was brought in on 6 April 2017, restricting costs to the basic rate of…

    Read More »
  • Flexible Working Set To Increase

    Almost two thirds (65%) of private sector employers think flexible working will increase over the next 5 years, according to Aviva. The study of 500 employers and 2,000 employees found 51% of businesses said flexible working increases productivity and 68% said it improved staff satisfaction. Of those who currently work flexibly, 37% were happier at work and 34% were able to manage their responsibilities outside of work more effectively. Flexible working also improved retention and…

    Read More »
  • Homeowners Rely On Parents To Move Up Property Ladder

    More than a third (35%) of homeowners rely on financial help from family and friends to move up the property ladder, according to Lloyds Bank. Out of 525 people surveyed, 32% need an average of £21,231 from their parents to secure their next home. 9% would borrow money from their grandparents, while 6% would borrow from friends. Of those who need financial support, 47% believe their parents would have to cut back in order to…

    Read More »
  • Millennials Drive Workplace Pension Participation

    78% of eligible employees participated in a workplace pension scheme in 2016, according to the Department for Work & Pensions. The biggest jump in growth was from those under 30 working in the private sector with the number of people participating increasing from 24% in 2012 to 68% in 2016. By industry, 89% of those working in the energy and water sector took part in a workplace pension, compared to 44% working in agriculture and…

    Read More »
  • Almost A Million Savers Benefit From Help To Buy ISA

    The Help to Buy ISA has helped more than 960,000 people save towards buying their own home, according to the latest government figures. The scheme, which was launched in December 2015, has helped 240,000 first-time buyers get on the property ladder. The Help to Buy ISA allows individuals to save up to £200 a month, with a potential government bonus of up to £3,000 on offer. A deposit of £1,000 is needed to open an…

    Read More »
  • Queen’s Speech 2017: Key Announcements

    The Queen has announced the government legislation for the next 2 years as the UK prepares to leave the European Union (EU). Legislation to deliver Brexit dominated the plans of the minority government, who want to build a “stronger economy” and promote “opportunity and aspiration”. The following bills were included in the Queen’s Speech 2017: Trade Legal framework to allow free trade deals with countries around the world and protect businesses from unfair trading practices.…

    Read More »
  • SME Confidence Falls For First Time In A Year

    Confidence among small businesses fell for the first time since the EU referendum back in June 2016, according to the Federation of Small Businesses (FSB). The latest quarterly Small Business Index dropped 5 points, down from +20 in Q1 2017 to +15 in Q2.  Operating costs for SMEs also increased sharply to 66% in Q2, up from 53% in the same period last year. 52% saw the domestic economy as a threat to expansion plans,…

    Read More »
  • Prioritise Economy In Brexit Talks, Say Business Bodies

    Leading business groups have called on the government to put “the economy first” as the UK begins Brexit negotiations with the European Union (EU) in Brussels today. The letter is signed by the British Chambers of Commerce, Confederation of British Industry, the Institute of Directors, the EEF and the Federation of Small Businesses.  The group calls for the final agreement to be ”a deal that supports growth”, which will allow companies to hire more people,…

    Read More »
  • Most Fathers Have No Life Cover

    More than half (53%) of fathers with dependent children have no life cover, according to research by Scottish Widows. As the country celebrates Father’s Day on Sunday, an estimated 3.9 million dads are potentially putting their family at risk if they were to become seriously ill.  Out of 5,077 fathers surveyed, 21% are more likely to take out mobile phone insurance than to insure against serious illness, while just 16% have a critical illness policy.…

    Read More »
  • Firms ‘Unprepared’ For Post-Brexit Labour Market

    Almost half of businesses (47%) have unrealistic expectations on the post-Brexit immigration system, according to a study. The Resolution Foundation surveyed 503 companies who employ EU workers and found only 17% expect no change to the current immigration system, while 30% expect the current system to be retained for EU nationals offered jobs in the UK. Furthermore, 46% do not see any changes in the number of EU workers recruited for their business over the…

    Read More »
  • Inflation Rate Rises To 2.9%

    Rising prices for recreational goods, including computer games, toys and hobbies contributed to the increase in the inflation rate last month. According to the Office for National Statistics, inflation rose 0.2% to 2.9% in May, up from 2.7% in April and above the Bank of England’s 2% target. The rate has climbed gradually to reach a new four-year high, last seen in June 2013. Prices in food and electricity also went up but there were…

    Read More »
  • Divorce Reduces Pension Pot By 16%

    Divorcees who are due to retire this year will be 16% worse off than married individuals, according to research from a leading financial services company.  Prudential surveyed 1,000 people poised to retire in 2017 and found divorcees are expecting average annual retirement incomes of £16,300 – £3,100 lower than those who have not divorced their partner (£19,400). Furthermore, 32% of divorcees are expected to retire with the burden of financial debts, compared to 21% who…

    Read More »
  • Businesses Prepare For Data Protection Regulation

     The British Chambers of Commerce (BCC) is urging businesses to prepare for the General Data Protection Regulation, which comes into force from 25 May 2018. All businesses holding personal data will need to make sure their procedures are fit for purpose and compliant with the new rules. Legislation will impact UK businesses post-Brexit, and if found non-compliant may result in potential fines of up to €20 million – or 4% of annual global turnover. BCC…

    Read More »
  • First Lifetime ISA Launches

    Individuals can start saving money into a Lifetime ISA for the very first time from 8 June 2017. Skipton Building Society will become the first provider to launch the product, with an interest rate of 0.5%. Savers need to be aged 18 to 39 to open a Lifetime ISA where they can contribute up to £4,000 each year until the age of 50.  An added 25% bonus from the government will be provided to top…

    Read More »
  • Delaying Retirement ‘Would Boost Pension Income’

    Adults approaching retirement could add £46,388 to their savings if they defer their pension by 5 years. According to research by Aegon, a 65-year-old could increase their monthly income by £314 – up from £457 to £771 – if they delay retirement and keep on contributing to their personal or workplace pension. Those who delay by 3 years (aged 68) could add an extra £25,542 – increasing their post-retirement income by £164 a month. Out…

    Read More »
  • General Election 2017: The Potential Impacts On SMEs

    All the main political parties have released their manifestos for the upcoming general election, as they compete to form the next government.  We take a closer look at how the 4 mainstream parties are planning to win over the electorate before they head to the polls on 8 June 2017.  The Conservatives Most of the Tory pledges surround Brexit negotiations with the EU, but their manifesto contained several measures which look likely to affect small…

    Read More »
  • Estillon introduce Levelling and Installation in a Day

      Estillon is introducing its underlay range under one name, Floorfixx, including the following products: Floorfixx regular, Floorfixx smart, Floorfixx comfort and Floorfixx fini.   This Estillon underlay range offers you the solution if your customers have little time for installing a new floor! Instead of wet levelling, you can save time with the Floorfixx underlay.   We would like to tell you more about the Floorfixx dry levelling system and its advantages. Floorfixx is…

    Read More »
  • Fuel Rates Changes For Company Cars

    Advisory fuel rates for employees who use company cars have now changed. The following rates apply as of 1 June 2017. Previous rates can be used for up to 1 month after the new rates apply: Engine size Petrol – amount per mile LPG – amount per mile 1400cc or less 11p 7p 1401cc to 2000cc 14p 9p Over 2000cc 21p 14p The following rates apply for diesel cars: Engine size Diesel – amount per…

    Read More »
  • Securenett celebrate new deal with Floors 4 You

    West Midlands-based security and monitoring firm Securenett are pleased to welcome a deal with national flooring retailer Floors 4 You. Securenett will be providing Floors 4 You with a number of security solutions, including the installation and maintenance of intruder alarm and CCTV hardware across all 18 Floors 4 You stores, as well as monitoring the retailer’s intruder alarm systems throughout their state-of-the-art ARC based in Cradley Heath. The long-standing security firm see this as…

    Read More »
  • Tax Rises Drive Up Home Insurance Premiums

    Home insurance prices are increasing due to an impact of government tax rises, according to insurance market research agency Consumer Intelligence. Home insurance premiums rose fastest for over-50 householders with above-inflation growth of 3.6% to £117 in the year to April 2017, compared with just 1% for under-50s to £124. Annual premium prices rose by 2% to £121 in the past year, with prices increasing by just 0.2% in the first 3 months of this…

    Read More »
  • Investing in Education for the Next Generation

    In February 2017, the National Audit Office – a body that scrutinises public spending for Parliament – found that a large number of school buildings in England required substantial repairs. It is estimated that it will cost £6.7bn to return all school buildings across the country to a ‘satisfactory or better’ condition, and a further £7.1bn to bring parts of school buildings up to a ‘good’ condition. These estimates are rooted in a Department of…

    Read More »
  • SMEs Hit By Rates Relief Delay

    Small businesses are still waiting for financial support promised in the Spring Budget to help them cope with rising business rates. Chancellor Philip Hammond announced a £300 million fund over 4 years to provide relief for smaller businesses most affected by revaluated business rates, which came into effect on 1 April 2017. Business rates are defined as a property tax on rental values.  Total funding available to support local authorities’ discretionary relief scheme is: 2017/18:…

    Read More »
  • Retirees Fear Savings Will Dry Up

    More than 1 in 3 (35%) retirees fear their retirement savings will run out before they die, according to research from SunLife. The insurance firm polled 50,000 people over the age of 50 and found a further 28% are concerned about money. Ian Atkinson, director of marketing at SunLife, said: “Our research shows the vast majority of retired people (85%) think they retired too early; while there could be many reasons why they feel this…

    Read More »
  • Almost Half Of Homeowners Go Close To Overspending

     Nearly half (45%) of homebuyers pushed their budgets to the limit when purchasing properties in the last 2 years, according to a study by Which? Out of 2,000 homeowners surveyed by the consumer watchdog, 24% spent less than they had budgeted while 19% who over-budgeted paid more than 15% above their limit. Around 1 in 3 homebuyers aged 25-29 went over their budget when buying a home, with 25% of first-time buyers overspending.  Just 19%…

    Read More »
  • FSB Issues Cybercrime Warning

    Small businesses are being urged to take steps to protect themselves from the threat of ransomware attacks after hackers targeted the NHS earlier this month. Research from the Federation for Small Business (FSB) claims 7 million cybercrimes are committed against SMEs in the UK every year, equating to more than 19,000 a day. FSB figures show the average cybercrime incident costs a small company £3,000 and takes 2.2 days to recover from. Dave Stallon, commercial…

    Read More »
  • P60 Deadline Final Reminder

    If you have yet to issue your staff with P60s for the 2016/17 tax year, the final deadline is 31 May 2017. Employees recruited by an employer on the last day of the tax year (5 April) must be given a P60 electronically through the payroll system.  If your payroll system doesn’t automatically produce P60s, paper forms can be ordered from HMRC. A P60 summarises their total pay and deductions for the tax year. Employees…

    Read More »
  • Lending To First-Time Buyers Hits 10-Year High

    Mortgage lending to first-time buyers hit a 10-year high in March this year, research from the Council of Mortgage Lenders (CML) shows.   While the number of people moving home decreased year-on-year compared to March 2016, first-time buyers received more loans this year than in any month of March since 2007. According to the CML, first-time buyers borrowed £4.9 billion to get on the property ladder in March 2017 – up 29% in February and…

    Read More »
  • Bleak Retirement Outlook For Millennials

    1 in 10 global workers think Millennials (those born between 1980 and 1997) are in the best position for a comfortable retirement. HSBC polled more than 18,000 people from 16 countries and found 59% of Millennials believe they will live much longer and will therefore require better support for retirement. Millennials planning to retire expect to do so at 59, compared to 61 for Generation X and 64 for Baby Boomers. 68% have started saving…

    Read More »
  • Start-Ups Receive Auto-Enrolment Reminder

    Anyone starting a business or hiring new staff from this October will have instant auto-enrolment duties to fulfil, according to The Pensions Regulator (TPR). All businesses set up before April 2012 have now passed their staging date, while the majority of businesses reaching their staging date this year are confident they will comply with their duties. Out of 476 respondents, 86% of employers who staged between January and April were aware of auto-enrolment, followed with…

    Read More »
  • Trade Deficit Rises To £10.5bn

    Total trade deficit in goods and services widened by £5.7 billion to £10.5 billion between Q4 2016 and Q1 2017, according to the Office for National Statistics. Increased imports of commodities, such as mechanical machinery, cars, oil and chemicals were the main sources of the deficit expanding in the first quarter. Further findings: total UK trade deficit widened by £2.3 billion to £4.9 billion between February and March 2017 – accounting for almost half the…

    Read More »
  • Generation X Owners Cite Business Fears

     More than a third (36%) of Generation X business owners (those between 31 and 50 years old) believe cashflow problems will have an adverse effect on their growth plans in the next 12 months. Out of 400 business owners surveyed by Lloyds Bank, 31% fear increased competition and managing family commitments will affect their plans for growth. 26% expect the challenge of Brexit to impact on their business, compared to 18% of Millennials and 16%…

    Read More »
  • Oerlikon enters into a strategic partnership in the high-growth market for disposable nonwovens

    The Manmade Fibers segment of the Swiss Oerlikon Group is entering into a strategic partnership with the Italian company Teknoweb Materials s.r.l. aimed at extending the nonwovens production systems portfolio to include the high-growth market for disposable nonwovens. Within the context of the most important international trade fair for the nonwovens industry – the ‘Index’ in Geneva, Switzerland – opening today, Oerlikon announced that the two companies have come to an agreement in principle on…

    Read More »
  • Rodolfo Comerio & Alfatherm – An Outstanding Italian Marriage

    When mechanics gives life to design and an outstanding product is developed and exported worldwide. In Milan on last 4th April, 2017 the first date of “ii Fuorisalone di Alfatherm” was held. Alfatherm is the world leading Italian company for the thermoplastics rigid, semi-rigid and laminated films processing. Rodolfo Comerio srl, the historical supplier of the calendering lines used by Alfatherm to manufacture its superior products, did not miss this important event. It is indeed…

    Read More »
  • 500 Women Entrepreneurs gather at Essex Business Women’s Experience in Southend-on-sea

    Business Women in Essex creating more success than ever by working together Businesses set up by women contributed £3.5bn to the UK economy and created 77,000 jobs in 2015. With London being announced as the third best city for female entrepreneurs of course Essex is hot on its heels. More women each year are choosing to have the flexibility of working for themselves and setting up their own business. Having been in business for over…

    Read More »
  • Creating Award Winning Success

    The adage ‘you’ve got to be in it to win it’ may be simplistic and somewhat stating the obvious, however when it comes to awards, it is the quality of the entry and supporting evidence that will capture the judges attention. Roy Casey, Director of Success Train, who as part of their business service offer, develops submissions for tenders, PQQs and awards – shares a little of what they have learnt over a decade of…

    Read More »
  • BGNFS 2017: Heritage flooring brands refreshed for consumer tastes

    Interfloor will showcase new contemporary looks for its market-leading heritage brands Tredaire and Duralay at this year’s BGNFS at Cranmore Park, as well as the latest additions to its sales and marketing support package for retailers. Top-selling Tredaire, which has been on the market for over 50 years, and Duralay, the contractors’ brand of choice for more technical applications in the home such as under wood flooring and with underfloor heating, have undergone a brand…

    Read More »
  • Hultafors Group Acquires Puvab – To Complement The Snickers Workwear Range

    The Hultafors Group has acquired Puvab – the specialist in protective clothing for workers in energy and utility markets as well as those in other industries that need flame resistant safety wear.  The acquisition is part of the growth strategy for the Hultafors Group, and further strengthens and compliments the Snickers Workwear brand in the UK. Puvab is a Swedish company established in 1989, specialising in designing and developing functional and certified high-quality garments with innovative designs…

    Read More »
  • Mapei Wood Flooring Products Featured in Westminster Apartment Development

    Mapei UK has specified and supplied products for the installation of wood flooring on an area of 13,000m2 throughout the prestigious Berkeley Homes Abell & Cleland Westminster apartment development. The apartment building comprises 1, 2, 3 and 4 bed apartments and penthouses which have been completed to the highest specification and using Eco-rated products from Mapei’s range of resilient products, for substrate preparation ready to receive the engineered wood flooring. Jason Mortenson, Project Director from…

    Read More »
  • Inflation Forecast Rises To 2.8%

    The Bank of England has raised its forecast for inflation this year to 2.8% – up from its February forecast of 2.4%. Economic growth has also been trimmed to 1.9% from 2%, according to the bank’s quarterly inflation report. Interest rates were held at 0.25% to stay in line with the Monetary Policy Committee’s inflation target of 2%. The inflation rate remained at 2.3% in March due to a fall in sterling and rise in…

    Read More »
  • Workers Saving More To Meet Retirement Goals

    Nearly three quarters (72%) of workplace savers are expressing an interest in personalising their pension to suit retirement needs. Out of 672 people surveyed by Aegon, 71% would make more proactive choices to support their retirement goals instead of accepting default auto-enrolment options made on their behalf. When it came to retiring, almost 4 in 10 employees (38%) expected to be working beyond the state pension age of 65. Among recent retirees, 29% would select…

    Read More »
  • EU Support Proving ‘Vital’ For SMEs

    Almost 8 in 10 (78%) small businesses have sought support services, such as EU-funded schemes, over the last 12 months. Out of 1,659 members surveyed by the Federation of Small Businesses (FSB), firms in Yorkshire (25%), North East (22%) and North West (18%) were most likely to submit applications for EU-funded schemes. Of those who have applied to such schemes, 68% said EU funding has had a positive impact on their business despite encountering varying…

    Read More »
  • Firms Ignoring Auto-Enrolment Duties

    Small businesses are becoming more complacent with their auto-enrolment duties, according to a study. Research by NOW:Pensions found only 35% of firms had planned 6 months or more in advance to register their staging date, falling slightly from 38% in Q4 and Q3 2016. Of the businesses that signed up with the pensions provider in Q1 2017, a record-breaking 46% registered their staging date either very close or after the deadline. 1 in 4 (25%)…

    Read More »
  • Employee P60 Deadline Reminder

    The deadline for issuing employees with P60s for the 2016/17 tax year is 31 May 2017.  All staff employed by an employer on 5 April must be given a P60 form, either on paper or online, through payroll software. Alternatively, P60 forms can be ordered through HMRC. A P60 will summarise an employee’s total pay and deductions on their salary for the tax year. Employees are required a P60 if they need to: claim back…

    Read More »
  • Brexit: Businesses Support Current Employment Laws

    Employers are in support of the current employment law regime as negotiations to leave the EU take place. The CIPD asked 500 employers about the necessity of 28 areas of employment law and found that most employers thought all areas are necessary. Areas included: unfair dismissal laws (93%) the national minimum wage (87%) parental rights at work (82%) agency worker laws (75%) working time regulations (74%). However, some employers thought that some regulations are poorly…

    Read More »
  • Employees In Favour Of Flexible Working

    Working adults favour flexible working to traditional office hours, according to research by Maintel. Out of 1,000 employees surveyed, 73% think that their employer offers good flexible working policies, while 66% would be comfortable requesting flexible working from their manager. Further findings: those living outside of London were more likely to take advantage of flexible working. over 55s were also more likely to work away from the office compared to those aged 18-24 58% said…

    Read More »
  • Bank Of Mum And Dad To Lend £6.5bn In 2017

    The Bank of Mum and Dad (BoMaD) is set to lend £6.5 billion in 2017, up from £5 billion in 2016, to help their grown-up children get on the property ladder. According to research by Legal & General, BoMaD will provide deposits for more than 298,000 mortgages this year, helping to purchase homes worth up to £75 billion. This accounts for 26% of all property purchases taking place, putting BoMaD level with the 9th biggest…

    Read More »
  • 1 In 7 People Without A Private Pension

    1 in 7 people aged 55-65 are approaching retirement without a private or workplace pension, according to research by Aegon. Out of 2,000 people surveyed, 20% of women have no retirement savings, compared to 12% of men. Younger people are less likely to have a pension – 41% of those aged 18-24 do not have a pension, compared to 16% of people aged 25-34.  Aegon has highlighted the importance of auto-enrolment for those in work…

    Read More »
  • Businesses Urged To Simplify Worker Benefits

    More than 8 in 10 (82%) employees believe businesses are over-complicating workplace benefits, making them difficult to understand or use. Recruitment firm Michael Page surveyed 1,000 workers and found 64% believe employers are investing in expensive workplace benefits which they neither want or need.  73% said workplace benefits are a key factor in their decision to turn down a job, highlighting the importance of employers needing to do more to provide competitive benefits for employees.…

    Read More »
  • Beissier’s ACÉNIS plasters and fillers keep indoor air clean

    Beissier has unveiled a new range of plaster and filler solutions specifically designed to improve indoor air quality. The move follows the introduction of ACÉNIS plaster and filler, which includes an active formula that captures a volatile organic compound (VOC) and prevents its re-emission into the atmosphere. Beissier’s research and development team developed ACÉNIS after recognising the potential harmful effects that formaldehyde, a VOC, can have on health and wellbeing. This new ACÉNIS plaster and…

    Read More »
  • Stationery wreaks havoc in the workplace

    Nearly a quarter (24%) of employees have stolen stationery items from their workplace This flies in the face of in spite of fears it could lead to an employer warning, disciplinary procedures, getting fired, or even a criminal prosecution 10% of workers have suffered injuries as a result of stationery Stationery items will be redundant in the next few years however, according to nearly half (48%) of the population Office Genie’s online research found that…

    Read More »
  • Skilled Staff Shortages May Impact Business Growth

    More than half (59%) of small businesses fear skilled staff shortages in post-Brexit Britain, according to research from the Federation of Small Businesses (FSB). In a poll of 1,236 of its members, the FSB found 72% currently employ skilled workers from the European Union. 47% mainly recruit mid-skilled staff, such as care and construction workers, mechanics and office managers. However, if additional barriers to recruiting EU workers were formed, firms would consider moving their business…

    Read More »
  • Fitness comes first with Gerflor

    Flooring for the evolving fitness facilities of the hospitality and leisure industry are in good shape. It’s an evolution that international flooring and interiors specialist Gerflor have been embracing for some while. Britain seems more aware of the need to keep fit and healthy as we see an upsurge in leisure facilities like specialist gyms, health and fitness centres, aerobic studios and new concept exercise parks in open spaces. Dedicated fitness and spa breaks are…

    Read More »
  • New Oil Lacquer System – UN1CO-FORTICO

    UN1CO is one of our newest oils to color and protect your wood in just one coat! To have the best possible protection with a minimum amount of maintenance, you can apply our anti-scratch lacquer FORTICO 2C on top of UN1CO. By applying our invisible lacquer FORTICO 2C NATURAL on top of the UN1CO,  the natural look and feel of an oiled floor will be retained. If you want some more shine, you can apply FORTICO 2C…

    Read More »
  • Tax-Free Childcare Now Available

    Working parents with children aged under 12 or under 17 for children with disabilities can now apply for the government’s tax-free childcare scheme. Eligible parents can visit the government website and open an online tax-free account. For every £8 they pay into the account, parents will receive a top-up bonus of £2 from the government. The scheme will help cut childcare costs by up to 2,000 per child per year or £4,000 for children with…

    Read More »
  • Pensions Freedoms Encourage Saving

    14% of people are saving more into their pension pot as a direct result of the pension freedoms. Introduced in 2015, the pensions freedoms gave people greater access over how they access their savings. According to research by Aegon, people have saved on average £50,000 in pensions, up from £29,000 in April 2015. Out of 2,000 people surveyed, 15% said they need to plan more for retirement, up from 10% in April 2016. The number…

    Read More »
  • Property And Trading Allowances Need More Guidance

    Clarity and guidance are needed on the new property and trading income allowances, according to the Low Incomes Tax Reform Group (LITRG). A £1,000 allowance for property income and a £1,000 allowance for trading income are available for 2017/18. Individuals who have income below the allowance will be able to deduct £1,000 instead of claiming the actual allowable expenses. The tax group recommends the following guidance: who can use the allowances when business records need…

    Read More »
  • Bereavement Support Payment Changes

    Changes to payments to those suffering from the death of a spouse or civil partner have been introduced. Under the new support system, the widowed will receive: tax-free lump sum of £3,500 for people with children and £2,500 for those without a monthly tax-free payment to the surviving spouse or civil partner – £350 for those with children and £100 for those without – for 18 months. The payment replaces the previous 3 tier system…

    Read More »
  • Personal Tax Changes

    A number of new rates and allowances as well as some changes to tax rules have been introduced on 6 April 2017. Here is an overview of some of the main changes for 2017/18 affecting personal finances. Income Tax The personal allowance is £11,500 for 2017/18 and the basic rate limit is £33,500. The basic rate limit for Scotland is £31,500. Inheritance Tax An additional residence nil-rate band is available to those passing on a…

    Read More »
  • Digital Tax Pilot Begins

    HMRC has launched the Making Tax Digital (MTD) pilot which will allow individuals and businesses to trial digital tax reporting. Businesses will be able to test the digital system by: using accounting software to record income and expenses for the quarter they join sending summary reports directly from digital records quarterly going paperless. Based on the information reported, businesses will receive an estimated tax calculation. MTD will require most businesses, self-employed people and landlords to…

    Read More »
  • Corporation Tax Rate Falls To 19%

    The tax rate for corporation tax rate is now 19%. The tax rate is payable on profits made before 1 April which must be filed through a company tax return.   Financial year to 31 March 2018 31 March 2017 Taxable profits 19% 20%   The accounting period is the time covered by your company tax return during the financial year. All tax and annual accounts must be paid and filed with Companies House. The…

    Read More »
  • Business Premises Renovation Allowance Ends

    Business premises renovation allowance (BPRA), which started on 11 April 2007, ends on 31 March 2017 for corporation tax and 5 April 2017 for income tax. The 100% allowance applies to qualifying spending when converting or renovating unused business premises in a disadvantaged area. Spending that qualifies for the relief includes: building work architectural and design services planning applications. The building must have been unused for at least 1 year to qualify. It needs be…

    Read More »
  • National Minimum Wage Rates From April 2017

    The national minimum wage rate for workers aged 21-24 will increase to £7.05 an hour on 1 April 2017. Eligible workers who are aged 25 and over and not in their first year of an apprenticeship will be entitled to the new national living wage rate of £7.50 an hour. Age From 1 April Current rates 25 and over £7.50 £7.20 21 to 24 £7.05 £6.95 18 to 20 £5.60 £5.55 16 to 17 £4.05…

    Read More »
  • VAT Thresholds From 1 April 2017

    The taxable turnover threshold for registering for VAT will increase from £83,000 to £85,000 from 1 April 2017. The threshold for deregistration will rise from £81,000 to £83,000. Rates The standard VAT rate will remain unchanged at 20% for most goods and services. The rate for some goods and services, such as children car seats and home energy will remain at a reduced rate of 5%. VAT Flat Rate Scheme Businesses classified as ‘limited cost…

    Read More »
  • Trade Deal Priority For Small Businesses

    Continued access to EU markets is top priority for smaller businesses, according to the Federation of Small Businesses (FSB). Out of 1,758 members surveyed, 63% regarded the EU market as an important trade destination. 58% said that trading in the EU single market is easier than trading with non-EU markets. Further findings: 53% of importers and 45% of exporters find trading with the single market is cheaper than with non-EU markets 20% exclusively trade with…

    Read More »
  • Tax-Free Childcare To Start In April

    The government’s new tax-free childcare scheme will launch on 28 April 2017. The scheme will be phased in gradually throughout 2017, with parents of children under the age 2 able to enter the scheme first. Eligible parents who open a tax-free childcare account will receive £2 from the government for every £8 they pay in. The scheme is available to working parents with children aged under 12 or under 17 for children with disabilities. The…

    Read More »
  • UK Inflation Rate Jumps To 2.3%

    The inflation rate, measured by the Consumer Prices Index (CPI), rose to 2.3% in February 2017, up from 1.8% in January. Rising transport costs were the main contributors to the highest rate since September 2013. Food prices increased for the first time in 31 months, rising by 0.3% between February 2016 and February 2017. The new rate exceeds the Bank of England’s 2% target. Suren Thiru, head of economics at the British Chambers of Commerce,…

    Read More »
  • Tax Changes Introduced In Finance Bill 2017

    The government has published draft legislation to implement policies announced at Spring Budget 2017 and Autumn Statement 2016. Some of the legislation to be implemented: expanding the business investment relief ending the permanency of non-dom status reforming tax rules on salary sacrifice schemes tax avoidance: a new penalty for those enabling the use of tax avoidance schemes and deterring those gaining an unfair tax advantage through transferring pensions abroad soft drinks levy: the levy will…

    Read More »
  • Over 55s Risk Missing Out On Family Home Allowance

    Over 55s could miss out on the family home allowance for inheritance tax (IHT) by passing on their family home to siblings rather than a direct descendant. 10% of people surveyed by LV=Legal Services said they plan to leave their home to siblings rather than their children or grandchildren. The family home allowance will be introduced from 6 April 2017, potentially providing an additional band of £100,000 per person if they pass a family home…

    Read More »
  • Brexit Round-Up: Brexit Bill Receives Royal Assent

    Here’s a round-up of the top Brexit-related stories this week. Brexit Bill Receives Royal Assent The Queen has given Royal Assent to the European Union (Notification of Withdrawal) Bill, allowing the government to formally trigger Article 50. The Bill was approved by MPs this week following discussions in the House of Commons and House of Lords. May has said that Article 50 will be triggered by the end of March as planned, beginning the process…

    Read More »
  • Self-Employed NICs Rise Dropped

     The chancellor has announced that plans to increase national insurance contributions (NICs) for the self-employed have been dropped. Introduced in Spring Budget 2017, class 4 NICs were set to increase to 10% from April 2018 before rising again to 11% in April 2019. MPs criticised that the plans were not in line with the general election manifesto commitment not to increase NICs, income tax and VAT. Due to reaction from individuals, media and businesses alike,…

    Read More »
  • Reminder: Residence Nil-Rate Band From April

    The residence nil-rate band, also referred to as the ‘family home allowance’, will come into effect from 6 April 2017. The allowance is an addition to the £325,000 nil-rate band for inheritance tax and will apply to those passing on a home to a direct descendent. The band begins at £100,000 for 2017/18 and will increase by £25,000 each tax year until it reaches £175,000 in 2020/21. Tax year Residence nil-rate band Individuals: maximum nil-rate…

    Read More »
  • Maple is back! Connor sports flooring systems available now!

    In 2015 International flooring specialist Gerflor announced their acquisition of Connor Sport Court International in a move that subsequently expanded the company’s global market reach and sports product range portfolio. Founded in 1872, Connor Sports is the leader in hardwood sports flooring and in 1974 Sport Court was formed, providing the market with the original modular sport surface used for outdoor athletics. With 250 employees Connor Sports® flooring and Sport Court® are registered trademarks of…

    Read More »
  • ADVERTISE YOUR VACANCY FREE!

    Floorinsite.com – Now offering FREE – Permanent – Contract and Temporary recruitment adverts for all readers, from manufacturers to sole traders – Looking for the right candidate! We have over 4,000 archived fully searchable news stories and features all published over the last 8 years, as well as 5,000 listed companies in our directory. If you want to advertise your companies vacancy please email with full details to info@floorinsite.com. Whilst other publishers will charge, we provide FREE recruitment as a service…

    Read More »
  • Resin News
    CONICA Resin

    Global hotel chain chooses CONICA resin flooring

    CONICA LTD is thrilled to have had its CONIFLOOR industrial resin flooring installed in the basement of the new Tower of London citizenM hotel. citizenM hotels offer an affordable, luxury boutique experience with a distinctly stylish feel. The hotel chain is undergoing significant expansion to create a global portfolio of hotels, located in prime locations in major cities and international airports. CONICA’s CONIFLOOR IPS resin flooring was chosen to be installed in 459m2 of basement…

    Read More »
  • FeRFA – New Apprenticeships start 22-23 March – Last chance to enrol

    FeRFA will be starting new Apprenticeships in Resin Flooring, Screeding and Surface Preparation on 22 & 23 March at the Ibis Rugby East.  The two-year schemes all lead to an NVQ Level 2 Diploma and the scheme is fully grant funded for CITB registered employers and the grant of over £8,000 is available. The cost of the scheme is £6,000 per candidate payable over two years. The current CITB funding for specialist apprenticeship schemes is…

    Read More »
  • Quarter Of Homeowners Will Need To Downsize For Retirement

    Around 63% of homeowners favour of downsizing their property to fund their retirement, according to research by Now: Pensions. Of the 2,000 people surveyed, nearly 39% think that unlocking housing wealth will be a fundamental aspect of funding their retirement. Of those, 24% are relying on their home as they don’t expect to have any private pension savings once they retire. 64% of homeowners aged by 50-69 said that they wish to downsize their home…

    Read More »
  • Explore Offsite at Ecobuild Hailed a Great Success by the Structural Timber Association

    The recent Timber Trends report commissioned by the Structural Timber Association (STA), predicted another year of double digit growth for the industry. If Explore Offsite at Ecobuild is anything to go by – interest in offsite timber systems is certainly on the increase. Andrew Carpenter, Chief Executive of the STA has just spent three days at the event and reported: “This was the first year of Explore Offsite at Ecobuild, which showcased offsite innovations supported…

    Read More »
  • Landlords Prepare For Tax Relief Changes

    Almost a third of buy-to-let landlords are unaware of upcoming mortgage interest tax relief changes, according to the Council of Mortgage Lenders. Out of 925 landlords surveyed, over 80% of those earning more than £100,000 per year said they are aware of the changes. 30% said that the changes would not affect them, however most landlords said it would damage their business. Measures to manage the impact of higher tax bills included: 19% said they…

    Read More »
  • OBR Upgrades UK Growth Forecast For 2017

    The latest economic forecast from the Office for Budget Responsibility (OBR) shows a modest upgrade on the previous predictions published at Autumn Statement 2016. Growth has now been forecast at 2% in 2017, up from the 1.4% previously predicted. The new forecast shows this will slow to 1.6% in 2018 before picking up to 2% in 2021. Borrowing in 2016/17 is forecast to be £51.7 billion. This is £16.4 billion lower than forecast last autumn.…

    Read More »
  • National Insurance Rise For The Self-Employed

    The main rate for national insurance contributions (NICs) will increase for the self-employed. From 2018, class 2 NICs will be abolished and class 4 NICs will rise to 10% from April 2018. The rate will rise again to 11% in April 2019. The change aims to provide balance to payments made by the self-employed when compared with those in employment. A self-employed person with profits over £16,250 will have to pay more as a result…

    Read More »
  • Thoughts on the spring 2017 Budget

    Dawn Whiteley MBE, Chief Executive at National Enterprise Network, publishes an open letter with her thoughts on the spring 2017 Budget Like millions of people across the country, I was glued to the livedawn website broadcast of Philip Hammond’s spring 2017 budget statement today. No matter what age, position or background, today’s announcement affects everyone in the country on some level; including the small business community. This community of ambitious, passionate and driven people who…

    Read More »
  • Spring Budget 2017: Reaction

    Philip Hammond has now delivered his Spring Budget 2017 to the House of Commons. Here is a round-up of immediate reactions from some of the UK leading industry groups to the Spring Budget 2017 speech: British Chambers Of Commerce Dr Adam Marshall, director general at British Chambers of Commerce has welcomed the support with business rates but has asked for more to be done on investment: “While business people appreciate a steady hand on the…

    Read More »
  • Spring Budget 2017: Personal Announcements

    Chancellor Philip Hammond has finished delivering his Spring Budget 2017. Here is our summary of the key measures affecting personal finance: National Insurance Contributions Main rate of class 4 national insurance contributions will increase to 10% in April 2018 and to 11% in April 2019. Dividend Allowance The tax-free dividend allowance will reduce from £5,000 to £2,000 from April 2018. Tax-Free Childcare From September 2017, working parents with 3 and 4 year old children will…

    Read More »
  • Spring Budget 2017: Business Announcements

    Chancellor Philip Hammond has finished delivering his Spring Budget 2017. The chancellor said that his last Spring Budget contained measures that aimed at “reducing our deficit, preserving fiscal flexibility and investing in Britain’s future.” Here is our summary of the key business announcements from his speech: Making Tax Digital Businesses with turnover that is less than the VAT registration threshold (currently £83,000)  will have the introduction of quarterly digital reporting delayed by 12 months. Business…

    Read More »
  • Making The Most Of The Pension Annual Allowance

    People carrying forward any unused pensions allowance from the 2013/14 tax year must do so before 6 April 2017. The current annual allowance for pension contributions is £40,000. In most cases contributions above this do not receive tax relief. People can top up their contributions for the current tax year with any unused allowance from the previous 3 tax years. The annual allowance was £50,000 between 6 April 2011 and 5 April 2015. Any unused…

    Read More »
  • Brexit Round-Up: Business Solutions Priority Among Negotiations

    Here is a round-up of the top Brexit-related stories this week. Business Solutions Priority Among Negotiations The British Chambers of Commerce (BCC) has put forward key priorities for the government to consider for the upcoming Brexit negotiations. The report, based on feedback from over 400 businesses, outlines several key areas including: trade – minimising tariffs and seal existing free trade agreements with third countries customs – develop future customs procedures in partnership with businesses tax…

    Read More »
  • Firms Reduce Investment To Cover Business Rates Rise

    Small businesses are preparing to reduce investment and raise prices to cover their business rates, according to the Federation of Small Businesses (FSB). Out of 675 business members surveyed, 36% expect to see their business rates increase as part of the revaluation from 1 April 2017. Of those facing a rate rise, 44% said their business rates will reach more than £1,000 per year. 1 in 5 members said they will see their annual bill…

    Read More »
  • Advisory Fuel Rates Update For Company Cars

    Advisory fuel rates for employees who use a company car have changed as of 1 March 2017. The following rates will now apply. Previous rates can be used for up to 1 month after the new rates apply. Engine size Petrol – amount per mile LPG – amount per mile 1400cc or less 11p 7p 1401cc to 2000cc 14p 9p Over 2000cc 22p 14p   The following rates apply for diesel cars: Engine size Diesel…

    Read More »

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Privacy Settings
NameEnabled
Technical Cookies
In order to use this website we use the following technically required cookies: wordpress_test_cookie, wordpress_logged_in_, wordpress_sec.
Cookies
We use Cookies to give you a better website experience.
Privacy Policy
Check if you have accepted our privacy policy.
Terms & Conditions
Check if you have accepted our terms & conditions.
Cloudflare
For perfomance reasons we use Cloudflare as a CDN network. This saves a cookie "__cfduid" to apply security settings on a per-client basis. This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.
Close