Small Business News Roundup January 25th-31st

newsWant a quick update on small business news from this week? Here’s another look at the stories we covered in bOnline’s Small Business Secrets in the past seven days:

On Friday, a report revealed that one sixth of small businesses in the UK fear they could go bust this year. Small retailers and construction firms reported that they felt particularly at risk.

On Monday we discovered that the economy is having an effect on the amount of sick days being taken. A new report showed that six out of ten workers would avoid taking a day off if they came down with a cold or flu.

Next came the good news that fewer small businesses failed in 2012 than in the previous year. A new study found that business insolvencies were down to 1.04% in 2012, with small businesses failing less frequently than large ones.

This was followed by the announcement that 15,000 new business mentors have been made available through a government scheme. The mentors are available to help provide experience and advice to new startups.

And yesterday we reported that small businesses are to be compensated over mis-sold bank products. Four major banks (Barclays, HSBC, Lloyd’s and RBS) are to investigate the mis-selling of interest rate hedging products.

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Kasey writes about the latest small business and website news for bOnline. Find Kasey on Google+, or follow bOnline on Facebook, Twitter, LinkedIn and Google+

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