According to business experts and a 2014 global fraud study from the Association of Certified Fraud Examiners, the typical business suffers a 5 per cent loss of profits every year due to corporate fraud – a global loss of trillions.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Bernard Matthews saved with ‘pre-pack’ sale to food entrepreneur as pensioners lose out
Rutland Partners has sold UKs leading turkey supplier Bernard Matthews to food entrepreneur Ranjit Boparan in a deal which will see staff pensioners benefits radically cut.
One quarter of SMEs suffering post-Brexit
New research shows that many small businesses in the UK have had a tumultuous time since the EU Referendum on June 23rd as the UK voted to Brexit, despite only two in five SME owners and decision makers voting to leave the European Union.
Over half of UK workers do not use their degree in their working career
As the new University term is underway, new research reveals that the majority of workers do not use their degree education within their current position, with 57 per cent admitting that their job is not related to their degree at all.
82% of young people want to start their own business, according to research
New research shows a distinct entrepreneurial desire amongst young people in the UK in the wake of A-level results.
38% of millennial mums plan to be their own boss
In search of the elusive ‘work-life’ balance, 17 per cent of millennial mums expect to set up their own business within the next 12 months, with a further one in five expecting to be their own boss in the next five years.
DueCourse secures £6.25m investment
The Manchester-based FinTech company raises investment to grow its lending to UK SMEs
Online furniture store Made.com says UK business is profitable for first time after surge in orders
Online furniture store Made.com, backed by dotcom entrepreneur Brent Hoberman, said its UK business has become profitable for the first time after a surge in orders last year.
Wales bucks huge UK wide drop in business confidence post Brexit announcement
Business confidence has hit a four year low as economic uncertainty and UK demand are seen as the biggest threats to businesses’ fortunes, according to the latest Business in Britain report from Lloyds Bank.
Netmums founders secure £2M investment for new video platform for expectant mums
An online video channel set up by the co-founder of popular parenting website Netmums has secured £2m of funding to expand its offering for mothers.
Chicago chooses London as best location out of the US to base their business
London is the leading, global city for Chicago-based companies looking to establish an operation outside of the United States, the Mayor of London Sadiq Khan has announced.
Cherie Blair set to challenge Buy-to-let tax in court hearing
A court date has been set for a legal challenge to tax changes set to hit landlords from April next year with Cherie Booth QC leading a judicial review into the new law introduced by the then Chancellor George Osborne.
Leading tech entrepreneurs lined up for 10th Silicon Valley Comes to the UK
Some of America’s best-known tech entrepreneurs will visit the UK in November to take part in ‘Silicon Valley Comes to the UK’ with the 2016 intake open.
Angels List prepares as investments into young startups slows down
AngelList is preparing for winter. The company, which runs an online portal connecting entrepreneurs with private investors, is assembling a “rainy day” fund and exploring new businesses as the market for investing in young startups slows.
NFL set to embrace twitter to boost reach of the sport
Tonight sees a landmark event in the Sports streaming world, with an NFL game being streamed live on the social media platform Twitter.