Over 70 per cent of self-employed people will be basing their EU vote on personal choice rather than what is best for their business, according to a study from Intuit QuickBooks.
The study looked at how self-employed people plan to vote in today’s EU referendum and found that just 20 per cent will base their vote on what will be best for their business rather than their personal or political views.
More Brits are turning to online learning sites to develop new skills, according to research from Hitwise.
Figures released by the company showed that over 4 million people in Britain searched “how to” queries in the first quarter of 2016, whilst 1.3 million Brits visited a learning site over the same period.
Peer-to-peer lending company Funding Circle has partnered with the European Investment Bank (EIB) to support small businesses by increasing loans.
The partnership, which comes just a few days before the EU referendum, is expected to provide £100 million worth of loans for small businesses. This will be the first time that the EIB has provided lending through a peer-to-peer company.
Employers in the UK are working together to provide apprenticeships for young people under a new initiative called the Digital Apprenticeship Standards Steering Group.
The group has already collaborated over the past few years to develop digital and tech apprenticeships for areas such as digital marketing, data analytics, and software development as part of the Government’s Trailblazer scheme.
Smaller businesses are collectively attacked 7 million times per year by cyber criminals, which is costing the UK economy £5.26 billion, according to a report from the Federation of Small Businesses (FSB).
The report, Cyber Resilience: How to protect small firms in the digital economy, showed that despite over 90 per cent of smaller businesses taking action to prevent digital threats, over 60 per cent have fallen victim to cybercrime over the past two years.
A campaign has been launched to help provide more support for female entrepreneurs. The Federation of Small Businesses (FSB) is aiming to increase the number of women in business and has called for the UK and Welsh Government to provide more support and better access to finance.
According to the UK Government, providing more support for female entrepreneurs could help to boost the economy by £600 billion.
Increasing the employment rate of workers over 55 could add £105 billion to the economy, according to Big Four company PwC.
The study compared employment rates of workers across 34 OECD countries and found that whilst the UK performs well in terms of employment rates for older workers when compared to other EU countries, it does less well when compared to countries outside the EU, such as the US and Japan.
SME employers are focusing less on age and academic achievement and are instead searching for candidates with soft skills gained through hands-on experience, according to eBay’s Soft Skills Index.
The index, which was published in partnership with YouGov, found that over half of SME employers value hands-on experience above anything else, whilst seven in ten recruiters believe that having soft skills is more important than having a degree.
Not having a smartphone for a day could result in a small business losing up to £12,000, according to a survey from Vodafone.
The report, which was conducted by YouGov on behalf of Vodafone, surveyed over 1,000 small and medium-sized businesses from the UK and found that not having a smartphone could cost each business four opportunities worth £3,000 each in a day.
RateSetter is to help SMEs by providing business loans. The peer-to-peer lending company, which connects investors with lenders, has so far helped individuals and sole traders, facilitating £1.3 billion of lending.
The company has now hired a specialist team to enable it to break into business loans. The service is being backed by the Government and supported by the British Business Bank.