SME employers are focusing less on age and academic achievement and are instead searching for candidates with soft skills gained through hands-on experience, according to eBay’s Soft Skills Index.
The index, which was published in partnership with YouGov, found that over half of SME employers value hands-on experience above anything else, whilst seven in ten recruiters believe that having soft skills is more important than having a degree.
Not having a smartphone for a day could result in a small business losing up to £12,000, according to a survey from Vodafone.
The report, which was conducted by YouGov on behalf of Vodafone, surveyed over 1,000 small and medium-sized businesses from the UK and found that not having a smartphone could cost each business four opportunities worth £3,000 each in a day.
RateSetter is to help SMEs by providing business loans. The peer-to-peer lending company, which connects investors with lenders, has so far helped individuals and sole traders, facilitating £1.3 billion of lending.
The company has now hired a specialist team to enable it to break into business loans. The service is being backed by the Government and supported by the British Business Bank.
Small and medium-sized cities (SMCs) in the North contribute £82 billion to the UK economy, according to a report from think tank IPPR North.
The report, City systems: the role of smaller towns and cities in growing the Northern Powerhouse, found that the North’s SMCs contribute more to the UK than Wales and Ireland combined and make up a third of the northern economy.
The Association of Chartered Certified Accountants (ACCA) has published a financial guide for entrepreneurs.
The report, entitled Financial management and business success – a guide for entrepreneurs, has been launched to help entrepreneurs understand how financial management can help their business and offers advice on how to successfully grow a business.
A government-backed cyber security accelerator is searching for entrepreneurs looking to combat cybercrime.
The HutZero accelerator, which is run by Cyber London (CyLon) and the Centre for Secure Information Technologies (CSIT), will also give entrepreneurs the opportunity to learn new skills that will enable them to start up their own cyber security company.
The 100 companies that were voted the top UK employers in a nationwide survey were revealed at London’s City Hall on Sunday.
The results were announced as part of the AllAboutSchoolLeavers.co.uk’s Top 100 Employers for School & College Leavers 2016 awards ceremony, with categories including training, company culture and career development.
More than six in ten entrepreneurs in the UK are planning to increase their workforce, according to the EY Global Job Creation Survey 2016.
The research surveyed over 400 entrepreneurs and found that 63 per cent are expecting to add to their payrolls over the next 12 months, up from 44.5 per cent who expected to increase their hiring in the same period last year.
Jobs in the finance and accounting sector continued to rise in the first quarter, according to research from the Association of Professional Staffing Companies (APSCo).
The research showed that vacancies continued to increase by 10.2 per cent year-on-year in the months leading up to March, despite warnings that a Brexit could result in thousands of job losses in the sector.
The most desirable jobs in the finance sector in the UK in 2016 have been revealed by eFinancialCareers.
The website, which lists a wide variety of finance and banking jobs, named the most popular individual jobs, along with the sectors that have received the most applications and the desired skills for each job role.