Over 60 per cent of employers in the UK believe that the impact that Brexit has on the UK’s economy could lead to more demand for financial education in the workplace, according to Nudge’s Financial education yearbook 2016/17 report.
The report surveyed over 300 employers and found that 32 per cent already provide their staff with financial education in the workplace, whilst 54 per cent are planning to introduce it or have already started introducing it.
SME owners are planning to increase their headcount in 2017, new research from Opus Energy has found.
The research found that 15 per cent of SME owners are looking to increase their number of staff by up to 10 per cent this year, whilst 10 per cent are planning to increase their headcount by up to a fifth.
Research from the Chartered Institute of Management Accountants (CIMA) and Global Accounting Network has found that over half of qualified accountants are motivated by flexibility when taking a new job role into consideration.
The CIMA 2016 salary insights report surveyed over 3,400 of CIMA’s student accountant members and over 4,400 qualified accountant members and found that 55 per cent of qualified accountants would like a new job that offers flexibility and a better work-life balance, up from 37 per cent in 2015.
A law firm has launched a technology incubator programme for innovative early-stage businesses and growth technology startups that are able to provide products and services for the legal industry.
Mishcon de Reya has launched its MDR LAB with innovation specialists and investors L Marks, and is now accepting applications from businesses with concepts or products and services that are at a revenue-generating stage.
Funding Circle has secured £82 million in equity funding, enabling the peer-to-peer lending platform to provide financial support to small businesses and create thousands of jobs.
The £82 million round, which was led by venture capital firm Accel and received contributions from Funding Circle’s existing investors Union Square Ventures, Baillie Gifford and Ribbit Capital, comes after the lending platform secured £40 million investment from the Government’s British Business Bank earlier this month.
Tech businesses in the UK attracted more than £6.7 billion in venture capital funding and private equity funding in 2016, more than the amount invested in tech businesses from any other country in Europe, new research from London & Partners has shown.
The research found that over a third of the amount invested in tech businesses last year went to London-based businesses, whilst a total of £4.7 billion in private equity investment went to the UK’s tech sector. This brings the total investment into the country’s tech businesses since 2011 to £9.6 billion.
Small businesses in Scotland are ahead of their UK counterparts when it comes to digital skills, according to the Bank of Scotland’s annual Business Digital Index.
The index surveyed 2,000 small businesses and charities, assessing basic online skills such as managing information, transactions, communication, creating and problem solving, and found that over 67 per cent of businesses in Scotland possess these skills – higher than the UK’s average of 62 per cent.
A record number of recruitment start-ups were launched in 2016, according to figures obtained by Clearly PR & Marketing Communications under a Freedom of Information request from executive agency Companies House.
According to the figures, 2016 saw a 13.7 per cent increase in the number of recruitment businesses, with 4,529 start-ups being registered between January and December.
The Association of Certified Chartered Accountants (ACCA) has released a checklist outlining the key priorities for achieving success in the accountancy profession in the new year.
The checklist is aimed at accountancy professionals, business leaders and policy makers and consists of a wish list to help professionals deal with uncertainties in 2017, including the upcoming negotiations over Brexit.
The North West is a top area for start-up businesses, with the number of businesses in the region increasing by 10 per cent in 2016, according to research from insolvency and restructuring trade body R3.
The research found that there are now a record number of start-ups in the North West, with an additional 32,774 businesses in the area than at the end of 2015. This brings the number of businesses in the region to more than 347,200.
UK start-ups are being offered the opportunity to secure £150,000 in the UK’s largest ever seed funding competition.
The Start-Up Series is a monthly competition and has returned for January to give early-stage companies the chance to secure equity funding from a £1.8 million Seed Enterprise Investment Scheme (SEIS).
The Co-op is to invest £70 million into a growth project that will see hundreds of new jobs being created in the UK in the new year.
The company will be opening 100 stores for the project, with many of them being located in London and the South East. There will also be new stores in Swansea, Sheffield, Kings Bromley in Staffordshire, and Beverley in Yorkshire.