Welcome to the This is Money show on Share Radio. From major supermarkets to micro-entrepreneurs we’ll be focusing on businesses big and small. Growing competition, inflation and a weak pound are all spelling problems for the retail sector whilst plans to scrap tax breaks threaten small businesses with bigger bills. Running through the various other issues from 4G to the strength of the high street Georgie Frost is joined by Editor Simon Lambert and Consumer Affairs Editor Lee Boyce. Plus how the new, forgery proof pound coin might not prove as secure as hoped.
In March, rising food and fuel prices pushed UK consumer inflation to 2.3 percent. But, inflation for small businesses rose to 3.2 percent - the highest rate for 8 years. That's according to Barclays' Small Business Cost Index. Share Radio's Sara Macham spoke to Ian Rand, CEO of Barclays Business Banking, to find out more.
Share Radio's Tom Hill meets Ricky Kothari, a former management consultant who created T-Sticks. The one serving packaging sticks double as stirrers as well as tea bags and have been sold around the world, even being sampled by former Prime Minister David Cameron.
Share Radio's Sara Macham meets Deepak Ohri who's won eight entrepreneur and innovation awards since setting up his hotel group, lebua, in 2003. The company has grown from one restaurant in Bangkok to seven hotels and lodges in India, New Zealand and Thailand and is now expanding into Europe.
Shares in the Hertfordshire based tech firm Imagination Technologies have tumbled after Apple announced it would end a deal to use their products. To find out what's behind the move and what it will mean for the companies Share Radio's Joe Aldridge spoke to Oliver Smith, senior reporter for The Memo.
This week look at the lack of female entrepreneurs. The number has fallen for the third year in a row and according to Natwest, it's costing the UK economy £1 billion a year. But, plenty of women do start and run their own business. So what is going on? Georgie Frost was joined by Lindsay Loxley, the MD of the Women in Business Network, Helene Martin Gee, president of the Pink Shoe Club, Julie Baker, NatWest's head of enterprise for business banking and Melanie Lawson, an entrepreneur and founder of Bare Biology.
Lindsay Loxley, Helene Martin Gee, Julie Baker, Melanie Lawson
Worrying numbers of small businesses are feeling increasingly stretched by financial pressures. So much so, that 1 in 5 small business owners with cashflow problems aren't able to pay their staff, and are instead having to dip into their savings. To find out how this has come about, Share Radio reporter Anviksha Patel spoke to former Apprentice winner and Small Business Champion, Tim Campbell MBE.