New research shows the majority of small firms impacted by the National Living Wage (NLW) have stretched to meet the latest rise by taking lower profits. Nearly 40 per cent of small businesses affected by the NLW have put up prices to cope with the latest increase to £7.50 per hour. A further quarter have […]
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Round two of competition offering start-ups free co-working space opens for entry
The Office Group has launched the second round of its TOG 100 competition, offering the chance for 100 start-ups run by young entrepreneurs to win free co-working space for 12 months over the next three years.
HonestBrew attracts £1.5m investment to boost online craft beer retail
HonestBrew – the UK’s leading online direct to consumer craft beer retailer – has announced a further £1.5m investment to continue its support of independent craft breweries.
Majority of UK organisations failing to prepare for the ageing workforce
A new study has found that despite the over 50s now forming a third of the UK workforce, 74 per cent of older workers feel that employers aren’t doing enough to recruit them.
Happiness “more important” to teens than wealth
Happiness is more important to UK teens than earning lots of money and being rich, according to a study on the aspirations and worries of young people.
SME manufacturing output grows strongly
Output among the UK’s small and medium-sized manufacturers grew at the fastest pace in seven years, according to the latest quarterly SME trends survey, though optimism about the current business situation was broadly flat.
British SMEs face uncertain funding future
SMEs in Britain are increasingly concerned over their ability to gain funding in the run up to Brexit, a recent survey has revealed. The study, commissioned by specialist insurer Hiscox, has found that recent economic and political uncertainty has adversely affected business confidence, and caused concern for the future as Britain’s withdrawal from the EU […]
UK shoppers more likely to be positive in online reviews than negative
UK shoppers are more likely to post a positive online review than one that is negative, research has found.
Overclaiming on business expenses is costing the UK economy £1.6bn a year
Professionals who overclaim on their business expenses could be costing the UK economy a massive £1.6bn a year, according to a new report.
WeWork set to give away £1.2 million to UK-based entrepreneurs
Collaborative workspace company WeWork is calling for entries for its international awards programme, ‘The Creator Awards’, which will see the company give away £1.2 million to UK-based entrepreneurs and $20 million globally.
City-based clusters lead equity investment market
City-based clusters and tech hotspots were the focus of equity investment in the UK last year, according to the third annual Equity Tracker.
Millennials are desperate to switch-off from work
As the great summer getaway begins, a national survey of small business owners found those in the millennial generation are most likely to want more time offline.
The UK sharing economy will grow by 60% in 2017
In 2017, the idea of a sharing – or collaborative – economy has enveloped society. Some of the best-known platforms of this type are Uber, Airbnb, eBay and Spotify. Businesses from the UK, to Spain and Romania are no longer looking inward – rather, outward, toward peer-to-peer (P2P) participation and community. In fact, peer-to-peer transactions […]
Enterprise mobility initiatives stifled by poor information management practices
Research finds that 89 per cent of UK organisations struggle to find and access documents on mobile devices.
New rankings show UK’s most active tech innovation cities
A new UK Tech Innovation Index published today shows that London, Edinburgh, Manchester, Brighton, Southampton are the top 5 cities for data innovation.