View more on these topics

&#39Small firms are dealing with Year 2000 bug&#39

Warnings that small businesses face meltdown because of the millennium com puter timebomb have been exaggerated, according to business finance specialist Alex Lawrie.

A survey of 200 small and medium-sized businesses with turnover between £1m and £10m shows that small businesses are tackling the computer crisis.

IT experts warn that many small businesses are failing to deal with the Year 2000 crisis.

The problem could send computer systems crashing because they are unable to recognise the switch in date from 1999 to 2000.

But the survey shows that 78 per cent of companies have already checked their computers for Year 2000 compliance.

Over 60 per cent of those firms surveyed say they have, or will, upgrade their existing technology.

Alex Lawrie managing director Keith Higley says: "It is encouraging that small businesses appear to have taken heed of warnings and are ensuring that their systems are compliant with the new millennium."

Recommended

Over half public back compulsory pension scheme

More than half the UK population believe they should be made to save for their retirement, according to a survey for Standard Life. Around 53 per cent of those covered in the survey by Mori agreed that everyone earning a wage should be forced to invest some of it in a pension scheme for their […]

ICS declares four ex-IFAs in default

The Investors Compensation Scheme has declared four former IFAs in default, opening the way for clients to lodge formal compensation claims. The firms are Richard K Thompson Associates of Cedars Avenue, Wombourne, Staffordshire; Manbury Personal Financial Advisers of Plaistow Lane, Bromley; Dyer Bussey Associates of Belle grove Road, Welling and W J Shore (Financial & […]

Marshall replaces Ions at Aberdeen Prolific

Gary Marshall has been named sales and marketing director at Aberdeen Prolific, replacing John Ions who has left to join Société Générale Asset Management.

BoS offers James Bond fans a licence to spend

Bank of Scotland plans to give James Bond fans a licence to spend when it launches a new 007 credit card in the New Year. The MasterCard will be marketed by TransNational and backed by the Bank of Scotland. It will sport a Bond logo that should be the envy of all would-be secret agents. […]

Developing your personal relationships – Webex

Read more 9amFinancial advisers and solicitors working together Presented by Ian Muirhead, director & chairman at Solicitors for Impartial Advice (SIFA) Listen to Ian’s expert insight and experiences of how financial advisers and solicitors can work together to deliver mutual benefit and enhanced client outcomes. Register here 10am Financial advisers and accountants working together Presented […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment