UK voters may have the chance to buy discounted shares in Lloyds Bankng Group, as the Policy Exchange think tank unveils proposals to take the bank back into private hands
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Lord Sugar sues Apprentice winner Stella English for £35,000 for tribunal legal costs
Lord Sugar has reacted to Apprentice winner Stella English’s failed attempt to sue him for constructive dismissal by now launched a bid to claw back his legal costs.
Mervyn King apparently outvoted for fifth and final time on bid for more QE
Bank of England holds rates at 0.5% and refrains from fresh round of quantitative easing at governor’s last MPC meeting
Services Sector Expands At Its Fastest Rate In Over A Year
The UK services sector continued to expand in May, according to the latest figures from Markit and the Chartered Institute of Purchasing and Supply (CIPS). The headline Purchasing Managers’ Index (PMI) for the sector stood at 54.9, up from 52.9 in April and the highest level since March 2012. Any level above 50.0 points to output growth.
Business Success: What’s Luck Got To Do With It?
What role does luck play in the success of a business? Do we make our own luck through hard work or is it down to just ‘good luck’? These were some of the questions being asked by Hiscox, in partnership with Royal Institution, at an annual debate to explore the theme of luck versus hard work when it comes to business success, a subject designed to provoke debate amongst the SME and entrepreneurial community.
Scotland needs to adopt a ‘Team approach’ as entrepreneur numbers rise
Scotland needs a unified approach to entrepreneurship to capitalise on a rise in the number of people starting a business, new research has suggested.
SMEs need ‘common-sense approach’ to regulation
Regulation of business is one of the most challenging elements of running a small or medium sized business in the UK.
Cheerful women don’t have leadership qualities
Women are perceived as being more willing to lead if they show that they are proud of their personal performance. If, however, they give a cheerful impression, they are judged to have less willingness to leadership roles than men who display similar emotions according to new research.
Conservatives launch small business growth initiative with dedicated Business Champions
The Conservative Party have launched a new initiative to help support small business with twelve Small Business Ambassadors being appointed nationwide, which it is hoped will help promote and represent small businesses across the country and government.
Government adopt Young’s plans for business boost & scrap Startup Loan age cap
At an event at 10 Downing Street to celebrate the massive contribution that small businesses make to the economy, the Prime Minister announced that all the recommendations made in a recent report by his Enterprise Advisor Lord Young will be accepted.
Government braced for September deadline on resolving future of RBS
The Government should consider a range of “radical options” for Royal Bank of Scotland, including breaking up the lender, a group of MPs and peers are likely to recommend.
Crisis-hit Co-op hires two senior directors
The Co-operative Group has hired a finance director and chair of the Bank to lead the mutual’s financial restructuring after it was forced to deny it needed a taxpayer bail-out and was left with a £1bn-£1.8bn capital hole.
Social Mobility And Economic Growth Hindered By Word Of Mouth Recruitment
As the government’s new social mobility “tzar”, James Caan, calls on parents not to automatically help their child into a job or work experience, figures published by the UK Commission for Employment and Skills (UKCES) show that word of mouth is now the most common recruitment method.
School Students Need Business Inspiration, Says CIPD
Business volunteers urged to “roll up their sleeves and get stuck in” to improve the employability of the future workforce
Charity Commission may not be ‘fit for purpose’, MPs say
MPs have questioned whether the UK’s charity regulator is fit for purpose, after it failed to spot a charity apparently set up for tax avoidance.
















