A record number of companies are being set up every hour, says StartUp Britain's research.
Their research showed that 342,927 new companies registered with Companies House this year between January and June. This means 80 companies are being set up each hour, already beating last year’s record pace of 70 new company registrations per hour.Read more >>
Small businesses in the UK are taking risks when hiring and managing staff, according to research from job marketplace Jobandtalent.
The research, which surveyed 500 small and medium-sized enterprise (SME) owners found that businesses are at risk as a result of a lack of HR expertise, with only 37% having a good understanding of employee rights and regulations.Read more >>
Digital skills will be made a core subject under a new government plan. The Department of Education and the Department for Business, Innovation and Skills have announced the Post-16 Skills Plan, which aims to provide young people with digital skills needed for the workplace.
Under the new plan, post-GCSE students will have the option of learning digital skills through a technical pathway or through an academic pathway.Read more >>
A leading UK finance provider has collaborated with accountancy experts to help small businesses control cash flow.
DueCourse will be working with top providers of accountancy packages, such as SageOne and Xero, to provide SMEs with a faster method of financing and enable them to free up valuable funds.Read more >>
Over 70 banks and city companies have signed up to a charter to help improve gender balance in companies within the financial sector.
Leading banks, such as Lloyds and Barclays, have agreed to link their bosses’ bonuses to gender diversity targets in order to get more women working in senior roles.Read more >>
An apprenticeship programme has provided support for 2941 businesses, helping them to create 2367 apprenticeships.
The Leeds City Region Enterprise Partnership (LEP) was first launched in January 2013 to encourage businesses to provide apprenticeships for young people.Read more >>
The ICAEW has launched the British Finance Guide, which offers free advice on lending and investment for small businesses.
It also contains contributions from the British Business Bank and over 20 other bodies from the business and finance sectors.Read more >>
The Association of Certified Chartered Accountants (ACCA) has partnered with a cloud hosting company to provide cloud services to accountants in the UK.
Cobweb Solutions, a leading UK cloud hosting provider, will be working with ACCA to provide productivity tools to 70,000 accountants.Read more >>
Rural areas have higher self-employment rates than urban areas, according to Chair of the Rural Economy Committee, Julie Kapsalis.
A report by Coast to Capital Local Enterprise Partnership showed how important the rural economy is to the growth and prosperity of South East England, with over 22% of businesses located in the area.Read more >>
Amazon plans to create 1000 permanent jobs across the UK in addition to 2500 jobs announced earlier this year, which will bring its total number of UK employees to 15,500 by the end of 2016.
The company will be offering a wide range of roles at its head office, R&D centres and fulfilment centres, with the jobs being spread across London, Manchester, Cambridge, Leicestershire and Edinburgh.Read more >>
According to the Education Committee, young people need to be equipped with the right skills to prepare them for work.
MPs have voiced their concerns over the lack of adequate careers advice being delivered in schools, warning that it could be contributing to the UK’s skills crisis.Read more >>
A tech business is helping to bridge the digital skills gap by taking part in Tech Week, a national programme created by The Tech Partnership.
The Emerald Group, which is based in Warwickshire, will be joining a number of businesses to provide opportunities for young people to gain first-hand work experience.Read more >>
Small business owners are struggling with their work-life balance, according to a survey by Zurich.
The survey found that just 43 per cent of businesses have a holiday of no more than five days booked within the next 12 months, whilst some will take no holiday at all as a result of work responsibilities.Read more >>
Barclaycard will be partnering up with The Guardian Small Business Network to give UK businesses the chance to receive advice from leading mentors.
Successful applicants to the Small Business Mentoring competition will receive support. The competition is open to British SMEs with less than £15 million turnover in the retail, professional services, and hospitality sectors.Read more >>
More young women should be encouraged into a career in technology, according to the Tech Partnership.
The digital skills advocate has called for more support from parents and teachers for young girls to enable them to study technology whilst in school.Read more >>
Mobile phone provider O2 has announced that it is currently looking for over 30 new apprentices to take part in the company’s apprenticeship programme.
The company has expanded its apprenticeship programme to provide more job opportunities for young people and help them to develop their skills.
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A group of small businesses have teamed up to support other small companies and self-employed workers in Britain following the Brexit result.
The group has been formed to provide reassurance to small businesses and help them remain optimistic after the referendum.Read more >>
A record number of the UK’s new graduates are in work or further study, according to figures from the Higher Education Statistics Agency (HESA).
The HESA’s employment data showed that whilst the number of university leavers going into work or choosing to study further has hit a record high, many are also taking on jobs unrelated to their course.Read more >>
Several of the UK’s major banks have announced that they will be keeping jobs in Britain following the result of the EU referendum.
Though many banks originally announced that they would be relocating to the EU if the UK voted to leave the EU, they have now said that they will not be scaling back in the UK.Read more >>
Small businesses believe that they could fail within the next five years if they do not adapt their models, according to research from business software company Exact.
The research showed that despite 38 per cent of SMEs believing that they will go out of business if they do not adapt their models, only 2 per cent have taken action.Read more >>
A London-based library has announced plans to provide flexible working space for the city’s entrepreneurs.
The Whitechapel Idea Store, which is located in London’s East End, is aiming to create a workspace where early-stage businesses and entrepreneurs who are looking to set up their own business can network and trade.
Read more >>
More SMEs are now choosing to work remotely, according to research from internet-based phone service company Nimvelo.
The research showed that 66 per cent of small businesses are now choosing to operate from a remote location or employing remote workers.Read more >>
Two start-ups from the UK have been announced as winners of Virgin’s VOOM 2016 competition.
The companies will be awarded a share of a £1 million prize from Sir Richard Branson.Read more >>
The majority of Britons would welcome an annual shutdown of businesses, according to a study by virtual assistant website ava.
The study showed that nearly 60 per cent of those surveyed feel that shutting down a business during quiet periods would enable it to remain cost-efficient and be more productive.Read more >>
Entrepreneurs have called for action to be taken to protect London’s status in the tech sector following the UK’s exit from the EU.
Business leaders who supported a Remain vote have spoken out, discussing the importance of providing training to address skills gaps in the sector.Read more >>