Xero announces cloud accounting and payroll solution that simplifies the payroll process for small businesses.
Online accounting software company Xero has announced its new cloud accounting and payroll solution at its annual fintech conference; Xerocon.
Xero’s managing director Gary Turner says that the company will be able to do for payroll what it has already done for accounting.Read more >>
Investment in renewable energy is rising, putting the UK on track to meet its clean energy commitments.
Clean energy in the UK continues to be a hot topic, especially since the government committed to produce 15 per cent of its energy from renewable sources by 2020. Investors in renewable energy range from venture capitalists and the government, to crowdfunded initiatives like the Trillion Fund, which means there’s a lot of money being pumped into sustainable energy.Read more >>
An organisation dedicated to advancing women in business is preparing to hold its annual technology awards ceremony in London later this month.
everywoman, a globally recognised organisation which drives the development of women across all business sectors, will be honouring women’s contributions to the technology sector at its FDM everywoman in Technology Awards.Read more >>
Direct and indirect spending by the UK government topped £11 billion during 2013/14, according to a report.
The UK government’s spending on small and medium-sized enterprises (SMEs) accounted for 26.1 per cent of all purchases made by Whitehall during the 2013/14 financial year, which meant the government exceeded its goal for 25 per cent of its procurement to go through SMEs, according to the latest figures.Read more >>
Kimchi, the latest microfund, has been announced by 500 Startups and is set to launch in Seoul, South Korea.
500 Startups, the well-known US accelerator for startups, has just revealed details of its latest venture, 500 Kimchi, which will take $15 million to fund early stage startups in South Korea’s mobile space. The newest microfund from 500 Startups will deepen the firm’s reach into South Korea, which has already several investments from the company, according to the online tech magazine, TechCrunch.Read more >>
Barclays has teamed up with Twitter to offer instant mobile payments through the social network via its Pingit app.
The UK banking giant, Barclays, has announced a partnership with the social network, Twitter, which will allow anybody in the UK to send or receive money by using a person’s Twitter handle. It’s another innovative solution for instant payments and will work via the bank’s mobile payment service app, Pingit.Read more >>
We take a quick look at some of the most useful online resources for SME and startups.
In order to stay on top of industry news, trends, and general happenings, it’s imperative that business leaders and startups keep themselves in the loop. However, we know that time is one commodity that is increasing in its scarcity, which is why you should check out these online resources that can help you make the most of your precious time.Read more >>
A new accelerator aimed at cybersecurity startups has been announced by Kaspersky Labs.
The launch of another cybersecurity accelerator highlights the rising popularity of this industry for investment, this time coming from the well-established security firm, Kaspersky Labs.Read more >>
Britain has the sixth best digital economy in the European Union according to a new report from the European Commission.
The UK’s digital economy continues to rank among the best in Europe, according to a new report from the European Commission (EC), which places Britain in sixth place.Read more >>
Workers in the UK this year will experience real wages rising for the first time since 2007, according to a report from the EY ITEM Club.
The UK’s workforce will see its first pay rise in eight years during 2015, according to a new report on labour from the EY ITEM Club. The research forecasts that inflation will turn negative this year and average wages will increase around 1.9 per cent annually, fuelling the first pick up in real earnings since before the financial crisis.Read more >>
Google has signed a partnership with Softcard to further its efforts in the mobile payments arena.
Google has stepped up its battle in the mobile payments arena by forging a deal with Softcard, the mobile payments app that is owned by the three biggest wireless carriers in the US. Furthermore, the online giant secured a distribution deal with the carriers to get its Google Wallet payments app pre-installed on their phones, according to a Google Commerce blogpost.Read more >>
UK’s top 100 share index breaks above the record closing high from 1999.
Britain’s leading share index sailed past the 1999 record closing high, lifted on a generally upbeat tone in the markets throughout Europe. Investors now eye the all-time index high as the next target, which lies around 6,950.Read more >>
We look at a number of essential Twitter tips to take away to promote small businesses and generate custom.
Small businesses and startups will already know that social media is a powerful tool to promote brands and drive interest in consumers. However, many fail to do it correctly.Read more >>
British tech industry growth continued to gather momentum in the final quarter of 2014.
Business activity in the UK’s tech sector continued to experience strong growth in the final quarter of 2014, despite less than favourable global economic conditions, according to the KPMG/Markit Tech Monitor survey.Read more >>
Computer giant Dell has begun accepting payments via Bitcoin in its UK online stores.
Following a successful launch in the US last summer, Dell is now accepting payments with Bitcoin in its online stores in the UK. A partnership with payment processor Coinbase will bring the technology to the UK, and also Canada, which will make Dell the largest retailer in the UK to accept Bitcoin as a form of payment.Read more >>
A new state-backed banking initiative will offer SMEs in Ireland loans at discount prices.
In a bid to kick-start lending to small and medium-sized enterprises (SMEs) the new state-backed Strategic Banking Corporation of Ireland (SCBI) aims to provide funds at a discount to current market rates.Read more >>
Messaging app Snapchat is reportedly seeking a new round of funding that would value the company at $19 billion.
The three-year old messaging app, Snapchat, is looking to become the world’s third-most valuable venture-backed tech company as it is said to be in talks for a new round of funding to raise as much as $500 million, which would value the Los Angeles firm at a staggering $19 billion.Read more >>
Samsung is looking to enter the mobile wallet race to rival Apple Pay and Google Wallet with its purchase of LoopPay.
Samsung has purchased the mobile wallet company, LoopPay, in what appears to be a move that will see the South Korean tech company take on Apple and Google in the digital wallet arena. The value of the deal has yet to be announced, but Samsung did hail the purchase as a move that will “accelerate the next wave of innovation in the digital smart wallet”.Read more >>
The US bank Citigroup will commit $100 billion to tackle climate change over the next ten years.
America’s third-largest financial institution, Citigroup, has promised to invest $100 billion over the next decade to fund environmental projects and battle climate change.Read more >>
Details have been released of the 12 startups that entrepreneurship showcase Pitch 10 will be taking to 10 Downing Street this year.
The finalists that made it through to this year’s Pitch 10 event have been revealed and twelve digital companies from all over the UK have been selected to pitch their businesses at 10 Downing Street later this month.Read more >>
Planning consent has been granted for the UK’s first sustainable business park to be built in Kent.
Plans to build the UK’s first sustainable business park have been given the go ahead in Kent. The £40 million construction project is part of an overarching £120 million scheme to regenerate an economically deprived part of the UK and will transform the old Betteshanger colliery into a hub for business, sustainability and education.Read more >>
The UK economy could greatly benefit by further encouraging women entrepreneurs, according to a report from Lorely Burt MP.
More jobs would be created and growth would be boosted if women entrepreneurs played a bigger role in the UK, according to the findings of an independent report from Lorely Burt MP, the government's ambassador for women in enterprise.Read more >>
A new $10 million micro-investment fund in Thailand is about to be launched by venture capitalist company 500 Startups.
The notorious US startup investor and accelerator, 500 Startups, is looking to further extend its reach in Asia by preparing to launch a new $10 million micro-fund for Thailand companies, which is reported to be called the 500 TukTuks fund, according to TechCrunch.Read more >>
Seedcamp has invested in 11 startups following the accelerator’s event, Seedcamp Week, in London.
Europe’s largest pre-seed and seed stage accelerator, Seedcamp, has decided to invest in 11 startups from entrepreneurs that attended the Seedcamp Week event in London. Seven out of the 11 startups hail from the UK and six of the even are based in the UK’s capital.Read more >>
Virgin Media and its parent company announce plans for £3 billion network expansion in the UK.
The UK internet provider Virgin Media has announced plans to team up with parent company Liberty Global to invest a further £3 billion in private investment for its ultra-fast broadband network.Read more >>