The UK’s first ever crowdfunding platform to support female entrepreneurs has been launched to help tackle the funding gap between female-led and male-led companies.
Launched by Love Home Swap Founder Debbie Wosskow OBE and Hearst Magazines UK CEO Anna Jones, London-based platform AllBright Crowd aims to discover and fund the best female entrepreneurs in the UK and will invest in start-ups, seed stage businesses and established companies.
Research from Trainline suggests that more businesses are choosing to be based outside of London, taking advantage of lower costs and increased mobility and interconnectivity between locations.
The research also found that small and medium-sized business rail travel to hubs outside of London has increased by up to 65 per cent since 2012, with Brighton having seen the biggest growth at 230 per cent.
Britain’s employment rate has remained at a record high, with the number of people in employment increasing after Britain’s vote to leave the EU, according to data from the Office for National Statistics (ONS).
The data showed that there were 31.81 million employed people in Britain in the three months leading to August, up by 160,000 on the previous quarter and by 560,000 on last year.
Research from Lloyds Bank has shown that the average cost of a start-up business that is not home-based is £12,601.
According to the survey, 30 per cent of new business owners found that the cost of starting up a new business was more expensive than they thought, with just 6 per cent saying that the cost was lower than their budget.
A group of entrepreneurial organisations have formed a small business taskforce, urging the Government to assist UK businesses and support labour market flexibility when Britain exits the EU.
The 13 organisations in this taskforce (including Enterprise Nation, Global Entrepreneurship Week, IPSE, and the Centre for Entrepreneurs) claim to represent over 1 million small businesses and self-employed workers.
Over 100 entrepreneurs from the UK have been announced as finalists in the Great British Entrepreneur Awards.
The Great British Entrepreneur Awards, which are held in association with NatWest, celebrate the contributions and innovations of entrepreneurs in Britain and the impact that they have on the UK economy.
Amazon has announced that it will be hosting its first ever business academy in the UK for small businesses.
Run in partnership with small business group Enterprise Nation and The Guardian Small Business Network, the Digital Business Academy will provide support to SMEs to help them learn how to use digital skills to boost their business.
Over 70 per cent of small businesses in the UK are expecting dramatic or moderate growth over the next two years, according to a report from Albion Ventures.
The fourth Albion Growth Report surveyed 1,000 small businesses and found that just 5 per cent think that they are likely to shrink or wind down, whilst 50 per cent are planning to take on more employees.
The UK’s highest paid part-time jobs have been revealed in new research from jobs review website Glassdoor.
The company gathered the data by looking at the total median annual base salaries for part-time workers in the UK. Whilst not every job listed is only part-time, the company used data on part-time workers.
Business activity in London reached its highest in eight months during September, according to a report from Lloyds Bank.
The bank’s regional PMI, which is an economic health-check of UK regions, showed that business activity in London’s private sector reached its highest rate since January, with businesses experiencing a growing demand for goods and services.
Independent train ticket retailer Trainline has launched a new feature in its app to help make travelling by train easier for business travellers.
The Trainline App, which offers features such as live journey updates and one-click refunds, now has a new business profile feature that enables businesses to separate business and leisure travel accounts.
A third of UK employees would feel comfortable discussing mental health issues with their employer, according to a survey by Capita Employee Benefits.
The research, which surveyed over 3,000 employees in the UK, found that employees would feel comfortable discussing issues such as depression, whilst 31 per cent would speak to colleagues about taking time off work for mental health issues.
The number of British SMEs investing in export activity has doubled over the past year, according to a report from business funder Bibby Financial Services (BFS).
The latest SME confidence tracker, which looks at the investment intentions, sales performance and confidence of SMEs, found that 15 per cent of SMEs invested in trading overseas in the third quarter of 2016, up from 8 per cent over the same period last year.