LSBF Blog - Global Matters
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.Read more >>
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.
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The Government has launched a new group to provide more support for entrepreneurs and encourage more people to set up their own business.
Business Secretary Sajid Javid has created the All-Party Parliamentary Group (APPG) for Entrepreneurship to help limited company contractors and small business owners resolve their business problems.Read more >>
Britain is in the midst of a digital crisis that is estimated to be costing the UK economy £63 billion in lost income, according to a government report.
The report, which was presented in the House of Commons by the Science and Technology Committee, found that millions of people in the UK lack basic digital skills.Read more >>
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.Read more >>
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.Read more >>
The majority of British workers feel confident about their skills, according to The City & Guilds Group’s first Skills Confidence Report.
The report, which surveyed 8,000 works from the UK, US, South Africa and India, found that British workers do not feel threatened by the expected rise in automation and artificial intelligence.
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York has been named the UK’s top spot for freelancers in a report by PeoplePerHour.com.
The research identified where the UK’s freelance workers and contractors are based, and found that York has the fastest-growing number of self-employed people.Read more >>
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.
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Several small businesses have teamed up to become part of a campaign to encourage other small businesses to vote for the UK to remain in the European Union.
The businesses cover a range of sectors and have been chosen for the campaign to show the diversity of the UK’s small businesses.Read more >>
One in 30 people in the UK own a business, according to research from Direct Line for Business.
The research looked at the number of microbusinesses in the UK and found that they represent 89 per cent of all UK businesses.Read more >>
Cyber security is an “excellent career choice” for developing technical and business skills, according to ISACA.
ISACA’s 2016 Cyber Security Perceptions study looked at the perceptions of cyber security as a career and explored cyber security awareness in organisations.Read more >>
A London-based startup company has secured £3.3 million in funding to enable it to expand its customer base.
Smart Pension is an auto-enrolment pension company that provides pension solutions for small businesses.Read more >>
SMEs are being encouraged to apply for an initiative launched by global investment banking company Goldman Sachs.
The “10,000 Small Businesses” UK initiative was first launched in 2010 to help provide support for small companies.Read more >>
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.Read more >>
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.Read more >>
More people are choosing to start up their own business to tackle unemployment, according to a survey from AXA.
The research showed that 30 per cent of businesses were created in the past five years as a result of redundancy or long-term unemployment.Read more >>
Businesses and entrepreneurs across Britain’s coast will soon be able to bid for a share of £90 million in Government funding.
This fund is part of the Government’s plans to help businesses in these areas thrive, with the first round of funding released in 2012.Read more >>
Over 60 per cent of small businesses are planning to increase their spending over the next 12 months, according to research from eBay.
The ecommerce company found that two-thirds of small businesses in the UK are expected to ramp up investment through 2016-17, with 45 per cent placing more focus on marketing.Read more >>
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.Read more >>
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.Read more >>
According to research from EE, international trade will boost the growth of Britain’s SMEs by 25 per cent.
The EE SME International Ambitions survey interviewed 1,000 businesses, as well as identifying the top target markets for small businesses.Read more >>
UK employees are amongst the happiest workers in the world, according to the 2016 Edenred-Ipsos well-being work barometer.
The survey, which is carried out annually, studied 14,400 employees in 15 countries and found that over 70 per cent of employees in the UK feel positive about their well-being at work.Read more >>
Over 450 job roles are to be created at Manchester Airport following its plans to expand.
The public will have the chance to learn more about the roles being offered at a jobs fair, which is scheduled to take place on Monday 6th June.Read more >>
The cost of co-working spaces is rising as more start-ups are choosing to work in a flexible and collaborative environment.
Figures from SpareOffice revealed that the most expensive rents for co-working spaces are in cities with a thriving tech sector, indicating that more start-ups are choosing to work in these environments.Read more >>