News

Small businesses struggling to embrace AI

The majority of SMEs are still not using artificial intelligence, despite a growing acceptance by businesses that it will help boost productivity. Steve Bulley, President of Dorchester Chamber for Business, said: “The adoption of AI is not just a trend, but a strategic investment that can spur efficiency, innovation, and growth. It’s time for SMEs to overcome barriers and harness the power of AI or be left behind.”

The state of the public finances summary

The Chancellor of the Exchequer, Rt Hon Rachel Reeves MP, has made a statement to the House of Commons about the state of public finances this week. Dorchester Chamber for Business President Steve Bulley summaries what we heard in this article.

Electric bike hire coming to Dorchester

It’s been announced  by Dorset Council that it has finalised a contract with Beryl Bikes for the introduction and management of a bicycle hire scheme covering Dorchester, Weymouth and Portland.
Locations for the bicycle stands are still being worked on and an exact ‘go live’ date we will be announced soon.

HMRC launches VAT registration estimator

HM Revenue and Customs (HMRC) has launched a digital tool to help businesses estimate what registering for VAT may mean for them.

The VAT Registration Estimator has been developed after feedback from small businesses suggested an online tool would be helpful to show when their turnover could require businesses to register for VAT and its effect on profits.