Over 70 per cent of small and medium-sized businesses that have taken on apprentices have seen an increase in productivity, according to research from the Department for Education.
The research, which has been released ahead of National Apprentice Week, shows the benefits that apprentices can bring to businesses, with over 200,000 apprentices set to be recruited over the next year.Read more >>
Tech City UK will be taking on 26 new technology companies for the latest intake of its Future Fifty Programme.
The programme will provide support for the new businesses, giving them access to expert-led workshops and classes as well as media coverage and peer networks.Read more >>
The UK has been named the best place to do business by 44 per cent of the country’s population in a survey by SME finance firm Idinvest Partners.
The research found that over 55 per cent of respondents have confidence in the UK when it comes to economic performance.Read more >>
Finance conditions are continuing to improve for small businesses, with 2016 seeing strong growth in asset finance and peer-to-peer lending, according to a report from British Business Bank.
The Small Business Finance Markets Report found that asset finance reached £16.8 billion in 2016, whilst peer-to-peer business lending reached £1.3 billion.Read more >>
Amazon has announced plans to create 5,000 new jobs in the UK in 2017, which will bring the company’s UK workforce to over 24,000.
The company will be searching for staff across a range of areas and will also be offering apprenticeship opportunities.Read more >>
More people in Britain are aspiring to be an entrepreneur, with 4 million wishing to become self-employed in the future, according to new research from retail bank Aldermore.
The research found that becoming self-employed has always been an ambition for 22 per cent of Brits, whilst 12 per cent will be looking to make the move in the next six months.Read more >>
The UK has been named one of the most attractive places for work in a new study from human resources management software company ADP.
The Workforce View in Europe 2017 report surveyed over 9,900 employees from the UK, Germany, the Netherlands, Italy, France, Spain, Poland and Switzerland, exploring their attitudes on the future of work and offering insights into issues such as skills, career development, international talent, wellbeing, workplace technology and employee engagement.Read more >>
Royal Bank of Scotland (RBS) is to launch a digital site that will offer business loans to small and medium-sized businesses within hours.
The site, which is named “Esme”, was developed by RBS’s in-house innovation lab and is being launched under the NatWest brand.Read more >>
Manchester and London have been featured in a list of the most influential cities in Europe in research from commercial real estate company Colliers International.
The Cities of Influence report looked at talent, location, affordability and low costs to find the top 20 most influential cities in Europe, with Manchester and London being the only two English cities to make the list.Read more >>
The UK Government has launched the National Cyber Security Centre (NCSC), which is part of UK-based intelligence agency GCHQ.
It aims to provide the UK with protection from cyber threats and hackers, making it easier for people to do business online.Read more >>
Brexit will increase demand for accountants, according to a poll from YouGov commissioned by the Association of Chartered Certified Accountants (ACCA) and the Association of Accounting Technicians (AAT).
The survey, which looked at the attitudes of MPs, found that over 45 per cent believe that the UK’s exit from the EU will have a positive impact on the accountancy profession, as accountants will be able to provide advice to clients on the financial implications of the vote.Read more >>
The Government is searching for the UK’s first small business commissioner to act as a “national champion for small businesses.”
Applications for the role are now open, and the Government is searching for candidates that will be able to provide the support that small businesses need in order to thrive.Read more >>
A lender that specialises in providing debt and equity capital to small and medium-sized businesses has closed its first fund for UK SMEs.
Beechbrook Capital has raised £150 million for the Beechbrook Capital UK SME Credit I fund, with the fund being supported by investors from the UK, continental Europe and America, and the final close being backed by new and existing investors.Read more >>
Small and medium-sized enterprises in the UK and globally remain confident about the performance of their business in the future, according to the American Express Global SME Pulse.
The research surveyed SMEs across 15 countries. It found that 58 per cent of SMEs globally are expecting revenues to grow significantly over the next year.Read more >>
Mayor of London Sadiq Khan is to launch a programme to show that London is the best place to do business.
The “London Is Open” programme aims to show that London is continuing to welcome people that are looking to work, study or visit the city.Read more >>
Birmingham has been revealed to be the most entrepreneurial city in the UK outside London in new research by the Start Up Loans Company.
The survey revealed the areas that secured the most funding from the Start Up Loans Company last year, with Birmingham securing over £2 million, up by 39 per cent on 2015. This was followed by Cornwall, which secured £1.3 million.Read more >>
Not-for-profit campaign Do It Digital will be holding a series of workshops over the next few months to help small businesses increase their digital and online activity.
The free workshops will be available to aspiring SMEs and entrepreneurs, including a live Twitter Q&A session for those unable to attend in person.Read more >>
A new survey from business software provider Exact has identified the top demands from SMEs when it comes to accountants, with speed being revealed to be the main priority.
The study, which surveyed 2,500 SMEs and accountants, also found that SMEs are twice as happy with using an accountant that is tech-savvy.Read more >>
Tech website and quarterly magazine BusinessCloud is searching for the top 150 tech start-ups in the UK.
Nominations are now being accepted, with at least 12 start-ups to be selected from each UK region.Read more >>
Job applications and salaries were up last month, with an increase of 55 per cent and 5.6 per cent respectively, according to data from CV-Library.
The research also showed a significant increase in job growth, with the number of jobs rising by 38 per cent month-on-month and 5.1 per cent year-on-year.Read more >>
BT has launched a pitching competition to give SMEs in the UK the chance to pitch their business ideas to a panel of experts.
The BT SME Award 2017: Securing the Nation, which is part of the company’s BT Infinity Lab programme with TechHub, is aimed at security-focused SMEs.Read more >>
Following consultations with the business community, HM Revenue & Customs has released further information on their Making Tax Digital initiative.
HMRC received over 3,000 replies from the consultations.Read more >>
A new mobile banking app designed to meet the needs of small businesses has been launched by UK-based mobile banking company Tide.
Tide, which is one of the world’s first mobile banking services for SMEs, enables users to quickly set up a business account.Read more >>
Guidance to help large businesses improve their payment practices and pay their suppliers on time has been published.
The guide comes after research from payment processor BACS found that almost half of small and medium-sized businesses have problems with late payments, with over £26 billion being owed to them.Read more >>
Entrepreneurs in the UK can take part in a global competition to win a share of £1 million equity-free funding for their business.
Business people who are selected for the Innovation & Entrepreneurship International Competition will be competing against entrepreneurs from the US, Canada, Australia, Germany, Israel, India and Japan.Read more >>