LSBF Blog - Global Matters
More UK business owners are becoming tech savvy and relying on mobile or web-based apps to run their business, according to a global survey by online accounting software company Intuit QuickBooks.
The study, which surveyed 2,000 business owners and managers globally, found that the UK is the most tech savvy, with 71 per cent using apps to run their business, followed by 59 per cent of business owners in the US, 68 per cent in Canada and 74 per cent in Australia.Read more >>
A survey from Flexjobs asked employees when they feel least and most productive.
They found that most feel more productive at home, with 50 per cent preferring to work from home rather than in the office.Read more >>
More employers are introducing facilities and schemes to make life better for their employees, according to administration and consultancy services provider Barnett Waddingham.
The company’s Why BWell report, which surveyed 300 workers, showed that over 50 per cent of employees feel that their employer is helping them to achieve a good work-life balance.Read more >>
UK-based learning technologies company Growth Engineering has been named as one of the top 20 gamification companies for the second year running.
The company was entered into the Top 20 Gamification Companies List, which was compiled by Training Industry, a resource company that publishes top 20 lists of the top providers of training services.Read more >>
The UK’s business population has reached its “highest ever level”, up by 4 per cent from £2 million last year to £2.1 million, according to research from UHY Hacker Young.
The research found that the number of businesses in the country per capita has increased to 32.7 businesses per 1,000 of the population, nearly reaching the pre-recession level of 32.8.Read more >>
Office space provider Citibase has announced plans to expand in Scotland, with two new centres being launched in Aberdeen and North Lanarkshire.
The new centres will see Citibase doubling its number of business hubs in Scotland, which will provide flexible workspace for 500 Scottish businesses and boost the country’s economy.Read more >>
Praetura Asset Finance, an alternative finance platform, has secured an £18 million investment from the British Business Bank to help UK startups.
The company, which was launched in 2014, provides a wide range of financial services for small businesses, including asset finance, finance leasing, hire purchase and refinancing facilities of between £10,000 and £2 million.Read more >>
Birmingham has been named the most enterprising city in Britain in the 2016 Enterprising Britain Awards.
The Enterprising Britain Awards are run by Investment in Young People on behalf of the Department for Business, Energy and Industrial Strategy, and celebrate local initiatives to support business and growth.Read more >>
The North East has one of the fastest growing tech sectors in England, according to research from accountancy firm Nixon Williams.
The report found that the number of technology businesses in the North East increased from 9,695 to 10,285 from 2014 to 2015 – a growth of 9.2 per cent. This makes the region’s tech growth second only to London, which saw an increase of 11.7 per cent.Read more >>
Over 80 per cent of female business owners say that they would recommend that other women set up their own business, as said by the Women-owned Micro Businesses Trend Report from Vistaprint.
The report surveyed 1,200 female entrepreneurs from the UK and US, and revealed that respondents are confident about their business, with over 50 per cent expecting their enterprise to financially improve this year.Read more >>
Lloyds Bank and the British Franchise Association (bfa) have launched a new online learning initiative for aspiring franchisees.
The Prospect Franchisee Certificate (PFC) will enable people considering starting a franchise to learn about the financial aspects of starting and growing a business.Read more >>
The Government Communications Headquarters (GCHQ) and the Department for Culture, Media and Sport (DCMS) have teamed up to launch a cyber innovation centre for startup companies.
The centre, which is called Accelerator, will help startup companies to develop new cyber security systems to protect the UK from cyber-attacks.Read more >>
Google has opened a pop-up Digital Garage to provide small Scottish businesses with digital skills training.
The space is being provided in partnership with Glasgow City Council and will run until January 2017.Read more >>
Over 500,000 companies are now advertising on Instagram, according to the social networking website.
Instagram announced that the number of businesses actively using the website has more than doubled since six months ago.Read more >>
Charity Finance Group (CFG) has launched a programme to help small charities manage their finances and provide support for community accountants.
The Small Charities Programme for England and Wales will be piloted this year and is set for a full launch in January 2017.Read more >>
Research from ABE has found that 82 per cent of the UK’s young people want to become entrepreneurs.
The research showed that many young people are planning to set up their own business in the future, with 4 per cent already having done so.Read more >>
The launch date for this year’s Small Business Saturday will be 3rd December.
The event, which was set up to support UK small businesses, is now in its fourth year.Read more >>
HutZero, a government-funded project, has launched the UK’s first boot camp for cyber security entrepreneurs.
The project is run by Cyber London (CyLon) and the Centre for Secure Information Technologies (CSIT), and is intended to help entrepreneurs build their businesses.Read more >>
The Prince's Countryside Fund, which was created six years ago to help improve rural businesses and communities, has announced a £600,000 grant funding pot to support rural initiatives.
The fund will help to support projects that provide opportunities, such as training for young and unemployed people, in rural communities.
Read more >>
London’s fintech sector could help the UK’s law firms after almost a quarter of finance directors from the country’s top law firms expressed their concerns over an M&A slowdown hitting profitability.
A new report by Thomson Reuters Legal, an organisation that helps professionals in areas such as finance, legal and accounting, states that the number of finance directors concerned over an M&A slowdown was down from 8 per cent last year.Read more >>
Small businesses in the UK have seen a second consecutive year of growth, according to the annual Hiscox DNA of an Entrepreneur report.
The report showed that 64 per cent of small businesses have reported revenue growth over the past 12 months.Read more >>
The UK has been named as one of the top countries to be a social entrepreneur in a new study.
The research, which was carried out by Thomson Reuters in partnership with Deutsche Bank, advice group UnLtd and the Global Social Entrepreneurship Network, is the world’s first poll for locating the best countries for social entrepreneurs.Read more >>
Lending to small businesses has reached a record high over the past year, according to new figures from the National Association of Commercial Finance Brokers (NACFB).
The figures showed that lending has risen by 30 per cent to a record £20.7 billion, despite the economic uncertainty surrounding the EU referendum. It is the seventh year in a row of growth for lending to small businesses.Read more >>
Founders Factory is searching for start-ups to participate in its accelerator programme, which was set up in partnership with insurance company Aviva.
The programme, which lasts for six months, was launched earlier this year in May and will be selecting five start-ups each year. There are currently three places left on the programme.
Read more >>
New measures are being introduced to tackle late payments that affect small businesses. The measures were supported in a letter from Minister for Small Business Margot James to PPC signatories.
The letter, which has been backed by Chartered Institute of Credit Management Executive Philip King, stated that paying invoices within 30 days should become “the norm.”Read more >>