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New business support programme launched nationwide

New business support programme launched nationwide

The Co-operative Bank has launched a programme nationwide in partnership with Co-operatives UK to support people who are looking to start or grow community enterprises.

The programme, which is called The Hive, will provide a wide range of opportunities, including peer mentoring, training sessions, advice, and one-to-one support.

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New cloud app launched for UK SMEs

March 03 ,2016 | by Hari Sri

New cloud app launched for UK SMEs

Software company SAP has launched a new front-office solution to enable small UK businesses in the digital economy to run customer interactions more easily.

SAP Anywhere will provide businesses with a wide range of digital tools for customer engagement, e-commerce, marketing, inventory management and business analytics. Businesses will be able to have access to the tools on computers and mobile devices. 

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Female entrepreneurs in Tunbridge Wells earn more

March 03 ,2016 | by Erin O’Neill

Female entrepreneurs in Tunbridge Wells earn more

Female entrepreneurs in Tunbridge Wells are the highest paid in the region, according to a report from the Office of National Statistics (ONS).

Figures showed that women in Tunbridge Wells are paid more than their counterparts in other areas of Kent, earning an average of £377.30 per week (£19,619 per annum) in 2015. This was higher than the average weekly earnings in Kent and in other areas in the south east.

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Graduates with work experience more valuable, shows research

March 02 ,2016 | by Claire Payne

Graduates with work experience more valuable, shows research

Graduates with work experience bring more value to a company, according to research from the Association of Graduate Recruiters (AGR).

AGR’s first annual development report surveyed 191 companies and found that graduates who started out as interns stayed with a company for six months longer than those who did not. 

 

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Demand for accountancy skills in Milton Keynes high, survey reveals

March 01 ,2016 | by Claire Payne

Demand for accountancy skills in Milton Keynes high, survey reveals

Salaries for part-qualified accountants are expected to rise in Milton Keynes, which could indicate a high demand for accountancy skills according to recruitment company Robert Walters.

A survey by the company showed that salaries are expected to increase by seven per cent for part-qualified accountants compared to four per cent for all accountants, whilst CIMA-qualified accountants will see an increase of ten per cent.

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Finance sector jobs soared in January, shows research

March 01 ,2016 | by Hari Sri

Finance sector jobs soared in January, shows research

The number of job vacancies in the finance sector increased in January by 12 per cent more than in the same month last year, according to the Association of Professional Staffing Companies (Apsco).

Research showed that average salaries in banking jobs have increased by 4.9 per cent, whilst the average salary across all professional sectors in the UK increased by 4.2 per cent. Pay growth in the professional sector was found to be higher than the UK average recorded by the Office for National Statistics in the latter half of 2015. 

 

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Birmingham technology hub opens applications for support programme

Birmingham technology hub opens applications for support programme

A technology hub based in Birmingham has opened applications for a smart cities incubator programme to help technology startups.

The programme, which is being set up by Innovation Birmingham, will enable tech start-ups to receive support and mentoring. The Serendip Smart Cities Incubator will be located in the new £8 million iCentrum building.

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‘Kickstart Fund’ scheme introduced to help entrepreneurs

February 29 ,2016 | by Helen Gould

‘Kickstart Fund’ scheme introduced to help entrepreneurs

A funding scheme has been launched to support entrepreneurs in the Isle of Axholme.

UK Steel Enterprise has partnered up with North Lincolnshire Council and the Growth Hub to launch the Kickstart Fund, which will provide grants of between £500 and £1,000 to help aspiring entrepreneurs to establish a business or become self-employed.

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Milton Keynes business hub looking for entrepreneurs

Milton Keynes business hub looking for entrepreneurs

The organisers of a new business hub are looking for entrepreneurs who are interested in joining the programme. Entrepreneurial Spark and NatWest will be opening the hub in Milton Keynes at the bank’s Silbury Boulevard branch in August.

The hub is one of many UK business hatcheries that Entrepreneurial Spark is opening to provide help to startups with the development of their business.

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Businesses need fast broadband to thrive, says Sajid Javid

February 27 ,2016 | by Thiago Kiwi

Businesses need fast broadband to thrive, says Sajid Javid

Businesses need “fast, reliable connectivity” in order to thrive, according to business secretary, Sajid Javid. In a speech to the EEF, the manufacturer’s organisation, Javid announced a review that will provide affordable and high-quality broadband for businesses.

The announcement comes after research found that slow broadband causes businesses to lose up to a full day’s work. A recent study by Virgin Media Business found that having a slow connection is the biggest time waster for small businesses, whilst research from YouGov found that the average employee loses around 15 minutes a day as a result of slow broadband. 

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Small UK businesses targeting Australia export market

February 26 ,2016 | by Erin O’Neill

Small UK businesses targeting Australia export market

Small UK businesses are targeting Australia’s export market, according to a survey by Royal Mail. The company surveyed 300 small retail exporters to see where they are sending their goods and found Australia to be a top spot for businesses.

According to the study, UK retailers are placing more focus on customers outside of Europe and are targeting affluent customers in English-speaking countries.

 

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Over 50s want career development, survey finds

February 26 ,2016 | by Hari Sri

Over 50s want career development, survey finds

Workers of the age of 50 believe that companies are not helping them to put their skills and expertise into practice, according to an Ashridge survey.

The study, titled Don’t Put Baby (Boomers) in the Corner: Realising the Potential of the Over 50s at Work, found that a large number of respondents believe that their company is doing nothing to share skills and experience between different generations. 

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Self-employed are “overwhelmingly satisfied”, according to report

February 26 ,2016 | by Claire Payne

Self-employed are “overwhelmingly satisfied”, according to report

Self-employed workers are “overwhelmingly satisfied” with their job, according to a report by Bright Blue.

The report found that self-employed individuals are much happier than employees in full-time work, despite having a more difficult working life and being more likely to have a low income.

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UK employers planning to recruit more permanent staff, shows survey

February 25 ,2016 | by Thiago Kiwi

UK employers planning to recruit more permanent staff, shows survey

UK employers are planning to recruit more permanent staff in the next three months, according to the latest JobsOutlook survey from the Recruitment and Employment Confederation (REC).

The report found that over 80% of businesses are planning to hire more permanent staff between now and May, whilst 29% said that they have recruited more staff in the past year. 

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Accountants champion professional membership bodies

February 25 ,2016 | by Erin O’Neill

Accountants champion professional membership bodies

According to new research, 79% of finance and accountancy professionals believe professional membership bodies support their career in accountancy.

The statistics come from respondents to a survey conducted by job site GAAPweb, of over 450 accountancy and finance professionals. They include members of ACCA, CIMA, ICAEW, AAT, IFA and AIA, from Part-Qualified to Chief Financial Officer across a wide range of industries.

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Startup fund to be made available to UK entrepreneurs

February 25 ,2016 | by Claire Payne

Startup fund to be made available to UK entrepreneurs

A programme that is being launched in Derry and across the North West will provide entrepreneurs with the opportunity to develop their business.

‘Growing Startups’ will enable entrepreneurs to receive £10,000 in seed capital and support from mentors.

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Finance professionals understand importance of cybersecurity, says report

February 25 ,2016 | by Helen Gould

Finance professionals understand importance of cybersecurity, says report

Accountants and other finance professionals are becoming more aware of the risks of cybercrime, according to a study by the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA).

The study, titled Cybersecurity – Fighting Crime’s Enfant Terrible, stated that cybercrime is becoming too dangerous for accountants to ignore. However, it found that the majority of accountants and finance professionals clearly understand the importance of the issue, with over 80% saying that their management are concerned about cybercrime.

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East Yorkshire Hub could create 3,000 new jobs

February 24 ,2016 | by Helen Gould

East Yorkshire Hub could create 3,000 new jobs

A new business hub in East Yorkshire could help to create up to 3,000 jobs.

Plans for the hub were put forward by the Homes and Communities Agency (HCA) and Sterling Capitol, and permission has now been granted by East Riding Council.

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Accountants should have fun at work, says survey

February 24 ,2016 | by Claire Payne

Accountants should have fun at work, says survey

Accountants should have more fun at work in order to improve their performance, according to research from BrightHR.

The company commissioned Robertson Cooper, a wellbeing specialist company, to carry out a survey to find out what types of activities in the workplace can help to boost productivity and reduce stress. 

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Maserati 100 list reveals top entrepreneurs in UK

February 24 ,2016 | by Claire Payne

Maserati 100 list reveals top entrepreneurs in UK

A list compiled by the Centre for Entrepreneurs has revealed the top entrepreneurs in the UK.

The Maserati 100 is compiled annually and is a list of successful entrepreneurs in Britain who have provided support for upcoming business talent.

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LSEG report reveals most inspiring businesses in Britain

February 23 ,2016 | by Helen Gould

LSEG report reveals most inspiring businesses in Britain

A report has revealed a list of locations with the most inspiring businesses in Britain.

The report, which was compiled by the London Stock Exchange Group (LSEG), provides a list of the fastest-growing and most dynamic small and medium-sized businesses from a number of locations in the UK. 

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Crowdsourced Management Book of the Year launched in UK

February 23 ,2016 | by Erin O’Neill

Crowdsourced Management Book of the Year launched in UK

Award-winning book New Economy Business will be launched in the UK today after an innovative approach to its production.

The author Marga Hoek, who is CEO and founder of the Sustainable Business Association, used Creative Commons rather than traditional copyright licensing. She also used crowdsourcing to acquire information from over 325 CEOs, scientists, professionals, students and consumers.

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Number of small businesses achieving growth at its highest, says ERC

February 22 ,2016 | by Claire Payne

Number of small businesses achieving growth at its highest, says ERC

The number of small businesses achieving growth has reached its highest level in the UK, according to the Enterprise Research Centre (ERC).

There are now nearly 12,000 “high-growth” small and medium-sized businesses, with research showing that this is the highest level since the dot-com collapse of the early 2000s.  

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UK teams up with Israel to invest in tech startups

UK teams up with Israel to invest in tech startups

The UK Government has partnered up with Israeli experts to invest in tech startups. A £165 million fund has been set up for investment in the startups, with focus being placed on cybersecurity companies.

Cabinet Office Minster Matt Hancock discussed how the UK can benefit from the high number of startups on a trade mission to Israel, stating that “new technologies, including digital technologies, give the world and its citizens opportunities like never before.”

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Hertfordshire shortlisted for Better Business for All Awards

February 20 ,2016 | by Hari Sri

Hertfordshire shortlisted for Better Business for All Awards

Hertfordshire has been shortlisted in two categories for the 2016 Better Business for All Awards. The awards are part of the Better Business for All programme, which was set up to create partnerships to identify problems faced by local businesses and provide them with support.

A shortlist of locations has been revealed, with Hertfordshire being shortlisted for the Partnership category for “establishing a strong partnership and producing tangible products and positive outcomes” and the innovation category for developing its own training programme. 

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