LSBF Blog | Global Matters – LSBF

LSBF Blog - Global Matters

London accelerator achieves record number of female founders

October 06 ,2016 | by Claire Payne

MassChallenge has announced that 42 of the 100 UK start-ups chosen for its programme are led by a female entrepreneur.

The accelerator, which is the largest in London, selected the companies using an unbiased application process.

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HSBC to save small businesses £13 million

October 05 ,2016 | by Hari Sri

HSBC is to help small businesses in the UK to save £13 million a year by reviewing bank tariffs for businesses with turnovers of up to £22 million.

The plans come after the bank’s Electronic Banking Tariff increased its turnover from £500,000 to £2 million.

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New fund to help SME house builders

October 05 ,2016 | by Thiago Kiwi

The Government has announced a new £3 billion fund to assist SME house builders tackle the housing crisis. The announcement comes after house builders called for minsters to launch the fund before the release of the Autumn Statement in November.

The fund will provide support for small-scale developers, enabling them to have access to finance, and will help to deliver 225,000 new homes. 

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Accounting software to help small businesses with finance

October 04 ,2016 | by Thiago Kiwi

Barclays has teamed up with online accounting software company Xero to help small businesses in the UK to manage their finances.

The service will enable Barclays customers to use Xero’s direct feeds technology to access their transaction data.

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UK’s largest ever seed funding competition for start-ups launched

Startups.co.uk has teamed up with investment company Worth Capital to launch the UK’s largest ever seed funding competition for start-up businesses.

The Start-Up Series competition will give start-ups the opportunity to apply for a share of a £1.8 million investment fund.

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Adults to be given training to learn digital skills

October 03 ,2016 | by Hari Sri

Adults in the UK who lack basic computer skills are to be given training to help them learn digital skills, Secretary of State for Culture, Media and Sport Karen Bradley has announced.

The plans come after research from the Office for National Statistics showed that 5.3 million people in Britain have never used the internet. 

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More Brits using technology in their business, survey shows

October 02 ,2016 | by Claire Payne

More UK business owners are becoming tech savvy and relying on mobile or web-based apps to run their business, according to a global survey by online accounting software company Intuit QuickBooks.

The study, which surveyed 2,000 business owners and managers globally, found that the UK is the most tech savvy, with 71 per cent using apps to run their business, followed by 59 per cent of business owners in the US, 68 per cent in Canada and 74 per cent in Australia. 

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Employees feel more productive at home, survey finds

September 30 ,2016 | by Helen Gould

A survey from Flexjobs asked employees when they feel least and most productive.

They found that most feel more productive at home, with 50 per cent preferring to work from home rather than in the office.

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More employers making life better for employees

September 29 ,2016 | by Claire Payne

More employers are introducing facilities and schemes to make life better for their employees, according to administration and consultancy services provider Barnett Waddingham.

The company’s Why BWell report, which surveyed 300 workers, showed that over 50 per cent of employees feel that their employer is helping them to achieve a good work-life balance. 

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UK-based company enters top 20 gamification list

September 29 ,2016 | by Erin O’Neill

UK-based learning technologies company Growth Engineering has been named as one of the top 20 gamification companies for the second year running.

The company was entered into the Top 20 Gamification Companies List, which was compiled by Training Industry, a resource company that publishes top 20 lists of the top providers of training services. 

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UK’s business population reaches record high

September 28 ,2016 | by Hari Sri

The UK’s business population has reached its “highest ever level”, up by 4 per cent from £2 million last year to £2.1 million, according to research from UHY Hacker Young.

The research found that the number of businesses in the country per capita has increased to 32.7 businesses per 1,000 of the population, nearly reaching the pre-recession level of 32.8. 

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Citibase launch new centres for Scottish businesses

September 28 ,2016 | by Helen Gould

Office space provider Citibase has announced plans to expand in Scotland, with two new centres being launched in Aberdeen and North Lanarkshire.

The new centres will see Citibase doubling its number of business hubs in Scotland, which will provide flexible workspace for 500 Scottish businesses and boost the country’s economy. 

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Alternative finance platform to help UK startups

September 28 ,2016 | by Thiago Kiwi

Praetura Asset Finance, an alternative finance platform, has secured an £18 million investment from the British Business Bank to help UK startups.

The company, which was launched in 2014, provides a wide range of financial services for small businesses, including asset finance, finance leasing, hire purchase and refinancing facilities of between £10,000 and £2 million.

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Birmingham named most enterprising city in Britain

September 27 ,2016 | by Claire Payne

Birmingham has been named the most enterprising city in Britain in the 2016 Enterprising Britain Awards.

The Enterprising Britain Awards are run by Investment in Young People on behalf of the Department for Business, Energy and Industrial Strategy, and celebrate local initiatives to support business and growth.

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North East tech sector growing fast, research shows

September 27 ,2016 | by Helen Gould

The North East has one of the fastest growing tech sectors in England, according to research from accountancy firm Nixon Williams.

The report found that the number of technology businesses in the North East increased from 9,695 to 10,285 from 2014 to 2015 – a growth of 9.2 per cent. This makes the region’s tech growth second only to London, which saw an increase of 11.7 per cent.

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Female entrepreneurs advising women to set up business

September 27 ,2016 | by Erin O’Neill

Over 80 per cent of female business owners say that they would recommend that other women set up their own business, as said by the Women-owned Micro Businesses Trend Report from Vistaprint.

The report surveyed 1,200 female entrepreneurs from the UK and US, and revealed that respondents are confident about their business, with over 50 per cent expecting their enterprise to financially improve this year.

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New e-learning initiative for aspiring franchisees

September 26 ,2016 | by Erin O’Neill

Lloyds Bank and the British Franchise Association (bfa) have launched a new online learning initiative for aspiring franchisees.

The Prospect Franchisee Certificate (PFC) will enable people considering starting a franchise to learn about the financial aspects of starting and growing a business.

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DCMS launches cyber innovation centre for startups

September 24 ,2016 | by Thiago Kiwi

The Government Communications Headquarters (GCHQ) and the Department for Culture, Media and Sport (DCMS) have teamed up to launch a cyber innovation centre for startup companies.

The centre, which is called Accelerator, will help startup companies to develop new cyber security systems to protect the UK from cyber-attacks. 

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Google launches Digital Garage for Scottish businesses

September 23 ,2016 | by Claire Payne

Google has opened a pop-up Digital Garage to provide small Scottish businesses with digital skills training.

The space is being provided in partnership with Glasgow City Council and will run until January 2017.

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More small businesses using Instagram to promote services

September 23 ,2016 | by Thiago Kiwi

Over 500,000 companies are now advertising on Instagram, according to the social networking website.

Instagram announced that the number of businesses actively using the website has more than doubled since six months ago.

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New finance programme launched for small charities

September 22 ,2016 | by Claire Payne

Charity Finance Group (CFG) has launched a programme to help small charities manage their finances and provide support for community accountants.

The Small Charities Programme for England and Wales will be piloted this year and is set for a full launch in January 2017.

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Small Business Saturday launch date announced

September 21 ,2016 | by Hari Sri

The launch date for this year’s Small Business Saturday will be 3rd December.

The event, which was set up to support UK small businesses, is now in its fourth year.

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Majority of young people want to start businesses, shows survey

September 21 ,2016 | by Helen Gould

Research from ABE has found that 82 per cent of the UK’s young people want to become entrepreneurs.

The research showed that many young people are planning to set up their own business in the future, with 4 per cent already having done so.

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UK’s first boot camp for cyber security entrepreneurs launched

September 21 ,2016 | by Erin O’Neill

HutZero, a government-funded project, has launched the UK’s first boot camp for cyber security entrepreneurs.

The project is run by Cyber London (CyLon) and the Centre for Secure Information Technologies (CSIT), and is intended to help entrepreneurs build their businesses.

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£600k fund to support rural projects announced

September 20 ,2016 | by Claire Payne

The Prince's Countryside Fund, which was created six years ago to help improve rural businesses and communities, has announced a £600,000 grant funding pot to support rural initiatives.

The fund will help to support projects that provide opportunities, such as training for young and unemployed people, in rural communities. 

 

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