UK 'heading for new recession' - Today's small business news roundup

  • By Josh Hall
  • 28 November 2011
UK 'heading for new recession' - Today's small business news roundup

New recession looming, auto-enrolment in the long grass, and a Mega Monday for online retailers - here's your need-to-know news roundup.

The UK is heading for a fresh recession according to new forecasts from the OECD.

The think tank says the UK economy will contract in the final quarter of 2011 and the first quarter of 2012. [Independent]

Small businesses will not have to offer pension schemes to their employees after a government u-turn on auto-enrolment.

In his Autumn statement the Chancellor is expected to announce a delay to auto-enrolment for firms with fewer than 50 employees. [Telegraph]

Online retailers are expecting their busiest day of the year as the Christmas rush begins.

‘Mega Monday’ will herald the beginning of a two week period in which analysts expect consumers to spend £3.72 billion online – some 14 per cent higher than last year. [Guardian]

Read more about: Staying legal , General business , Employee and HR , Online