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Poor mobile networks cause businesses to lose £19 billion annually.

in Technology
Reading Time: 2 mins read
Poor mobile networks cause businesses to lose £19 billion annually.
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According to a study, poor mobile phone service, especially difficulty connecting to the internet, costs small companies £18.8 billion annually.

The UK economy loses £7.7 billion annually due to poor mobile phone service and missed production.

Because of staff struggles with bad connections, microbusinesses, and SMEs who provide workers with work phones are losing an average of one hour of weekly work time per employee.

>See also: How 5G mobile technology will help your small business

Mobile connection concerns cost medium-sized firms 250 hours of labor per week.

A microbusiness was deemed to have less than nine workers, a small enterprise between 10 and 49, and a medium firm between 50 and 250.

The biggest damaged industry is professional services, which lose £5.3 billion in income annually, costing the economy £2.8 billion annually.

>See also: How your rural business can get a £3,500 boost for better broadband

Poor connection costs the retail sector £3.7 billion annually in lost sales, costing the British economy £560 million.

The poor connection costs businesses when almost three-quarters (71%) of SMEs consider where they may cut expenses.

According to mobile network Three, 32% of SMEs think they are overpaying for phone contracts and are searching for ways to reduce expenses.

Meanwhile, 29% of SMEs are concerned that lacking adequate technology may cause them to lose workers. This percentage increases to over 50% (48%) for medium-sized enterprises, which is particularly concerning when a skills shortage affects most sectors.

More than a third of SMEs (36%) feel improved mobile phone coverage would improve their performance, and one in five (20%) are concerned that using outdated mobile phone technology may cause their companies to fall behind.

Insufficient mobile support

This seems to be somewhat the fault of the mobile phone business. Nearly 50% of SMEs (48%) claim that the technical jargon used in the technology sector is difficult to grasp.

According to the Federation of Small Businesses’ Craig Beaumont, who is in charge of external affairs, 57 percent of small businesses in rural areas and 45 percent of those in the city experience unreliable voice connectivity.

“We need economic development and productivity across the UK, and that depends on top-notch digital, mobile, and voice connection – 4G and 5G must be open to everybody,” Beaumont added. Small firms may utilize this to innovate, attract new clients, and accelerate the recovery after really difficult times. Still, they can’t do this if they are struggling with inadequate connection.

YouGov and Development Economics surveyed over 1,000 micro and SME businesses based in the UK for the research.

Further reading

Best UK business phone and broadband deals – how to choose

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Here are five frequently made tax mistakes by self-employed individuals:


Neglecting to Track Expenses: Failing to keep meticulous records of business expenses can lead to missed deductions.


Ignoring Estimated Tax Payments: Not making quarterly estimated tax payments can result in penalties and a hefty tax bill at the end of the year.


Misclassifying Workers: Incorrectly classifying employees as independent contractors can lead to back taxes and fines.


Not Separating Personal and Business Finances: Mixing personal and business funds can complicate accounting and tax reporting.

Overlooking Retirement Contributions: Missing out on retirement plan contributions can limit savings and tax benefits.

Here are five frequently made tax mistakes by self-employed individuals:

  1. Neglecting to Track Expenses: Failing to keep meticulous records of business expenses can lead to missed deductions.

  2. Ignoring Estimated Tax Payments: Not making quarterly estimated tax payments can result in penalties and a hefty tax bill at the end of the year.

  3. Misclassifying Workers: Incorrectly classifying employees as independent contractors can lead to back taxes and fines.

  4. Not Separating Personal and Business Finances: Mixing personal and business funds can complicate accounting and tax reporting.

  5. Overlooking Retirement Contributions: Missing out on retirement plan contributions can limit savings and tax benefits.

Certainly! Here’s a rewritten version of a self-employed invoice template suitable for a small business in the UK, keeping the original meaning intact:

Self-Employed Invoice Template
Your Business Name
Your Address
City, Postcode
Email: your.email@example.com
Phone: 01234 567890  
Invoice Number: [Invoice Number]
Invoice Date: [Date]
Due Date: [Due Date]  
Bill To:
Client’s Name
Client’s Address
City, Postcode  

Description of Services Provided:



Item/Service
Hours/Quantity
Rate (£)
Total (£)




[Service Description]
[Hours/Qty]
[Rate]
[Total]








Subtotal:


[Subtotal]


VAT (if applicable):


[VAT Total]


Total Amount Due:


[Total Due]




Payment Instructions:
Please make payment via bank transfer to the following account:
Account Name: [Your Account Name]
Sort Code: [Your Sort Code]
Account Number: [Your Account Number]  
For any questions regarding this invoice, please contact me at the details above.
Thank you for your business!

Feel free to fill in the specific sections or adjust any parts according to your needs!

Certainly! Here’s a rewritten version of a self-employed invoice template suitable for a small business in the UK, keeping the original meaning intact:


Self-Employed Invoice Template

Your Business Name
Your Address
City, Postcode
Email: your.email@example.com
Phone: 01234 567890

Invoice Number: [Invoice Number]
Invoice Date: [Date]
Due Date: [Due Date]

Bill To:
Client’s Name
Client’s Address
City, Postcode


Description of Services Provided:

Item/Service Hours/Quantity Rate (£) Total (£)
[Service Description] [Hours/Qty] [Rate] [Total]
Subtotal: [Subtotal]
VAT (if applicable): [VAT Total]
Total Amount Due: [Total Due]

Payment Instructions:
Please make payment via bank transfer to the following account:
Account Name: [Your Account Name]
Sort Code: [Your Sort Code]
Account Number: [Your Account Number]

For any questions regarding this invoice, please contact me at the details above.

Thank you for your business!


Feel free to fill in the specific sections or adjust any parts according to your needs!

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