LSBF Blog - Global Matters

London and Manchester best hubs for high-growth small businesses

March 16 ,2016 | by Helen Gould

London and Manchester have been named as the best hubs for high-growth small businesses (HGSBs) by Octopus Investments. The company listed 32 of the top cities for HGSBs in the Urban Hub League Table.

The cities were ranked on the factors that small businesses believe are the most important to them when scaling and growing, such as talent and connectivity and access to finance.

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Welsh council to provide employment and training opportunities

March 16 ,2016 | by Helen Gould

Rhondda Cynon Taf Council will be providing employment and training opportunities this week at a jobs fair. The event will be held during National Apprenticeship Week on Thursday 17th March at the Muni Arts Centre in Pontypridd, Wales.

The council recently announced that £550,000 will be invested in its graduate and apprenticeship schemes to provide more employment opportunities for young people. 

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Ten digital start-ups to participate in Virgin Media accelerator

Ten digital start-ups are to participate in a London-based technology accelerator launched by Virgin Media and Techstars.

The businesses, which are from locations around the world, will take part in the programme in Aldgate East, London.

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Young people have misconceptions about apprenticeships, reveals study

March 15 ,2016 | by Claire Payne

Young people have misconceptions about apprenticeships as a result of not receiving proper information from schools and colleges, according to a survey by Prudential.

The survey of 16 to 18 year olds showed that many school leavers avoid apprenticeships because they see them as low-paid, low-skilled jobs, when in fact they are highly beneficial.

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Kent sees increase in number of startups offering jobs

March 15 ,2016 | by Hari Sri

The number of start-ups in Kent offering job opportunities has increased.

This news comes following a recent surge in the number of apprenticeships across the UK.

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UK tech entrepreneurs want Britain to stay in EU, shows survey

The majority of the UK’s tech entrepreneurs want Britain to stay in the EU, according to a survey by techUK. Over 250 tech business owners were surveyed, with 70 per cent stating that they were against a Brexit because EU membership is good for business.

Just 15 per cent of tech business owners said that they wanted Britain to exit the EU, whilst 15 per cent said that they were undecided.

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Over 700 jobs to be created in Sunderland

March 14 ,2016 | by Thiago Kiwi

Multi-channel services company Parseq is to create over 700 jobs in Sunderland.

The company, which operates from Doxford International Business Park, is to expand after investing in the development of a new centre at a second site in the city.

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Over 100 apprenticeships to go online for Apprenticeship Week

March 13 ,2016 | by Claire Payne

Over 100 apprenticeships are to go online this week in Leicester as part of Apprenticeship Week. Apprenticeship Week starts today and will run until Friday 18th March.

In addition to apprenticeship vacancies being offered, young people in the area will also have the opportunity to attend drop-in sessions. The events, which are being organised by the Leicester Apprenticeship Hub, will also include access points for information.

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UK small businesses becoming more innovative, according to report

Innovation is on the rise amongst the UK’s small and medium businesses, according to a report by the Department for Business, Innovation and Skills. The report, which surveyed 29,000 enterprises, found that the UK has seen the biggest boost in innovation since 2010.

The survey looked at how businesses were involved in innovation from 2012 to 2014 and found that over half of UK businesses were actively engaged in developing products and introducing new services.

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Research reveals the highest-paid jobs in Scottish finance sector

March 11 ,2016 | by Hari Sri

A study carried out by Edinburgh-based recruitment company Core-Asset Consulting has revealed the highest-paid jobs in the finance sector in Scotland. The study showed a surge in the number of people employed in the finance sector in the country, with recruiters predicting further growth in 2016.

Marketing-related roles and asset managers were found to have experienced the biggest surge. Core-Asset Consulting also reported a “recognisable shift in companies being prepared and willing to pay above the market rate, especially for difficult-to-fill roles.”

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Amazon to create 1,000 new jobs at fulfilment centre

March 11 ,2016 | by Claire Payne

Amazon is to create new jobs by opening a fulfilment centre in North-West England. The centre, which is set to open later this year, will be located in Manchester and will create 1,000 jobs in the area over the next three years.

Amazon is planning to expand this year, creating 2,500 jobs across the UK. The online retailer’s new centre will join the company’s ten other fulfilment centres, which are located throughout the UK. 

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Entrepreneurs turning their hobbies into businesses, shows study

Britons are turning their hobbies into successful businesses, according to a study by Weebly. The company found that over 35 per cent of entrepreneurs have turned a hobby or passion into a successful business.

The study also explored the current thoughts and trends amongst the entrepreneurial community and found that nearly 90 per cent of entrepreneurs believe that Britain is an ideal place to start a business.

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South West job market is thriving, reveals employment outlook survey

March 10 ,2016 | by Claire Payne

The job market in the South West is thriving, with more employers looking to hire in the region than in other areas of the country, according to the Manpower Employment Outlook Survey.

The study, which surveyed 2,100 employers in the UK, was compiled to find out whether employers are planning to recruit additional employees or reduce the size of their workforce in the first quarter of the year. 

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Finance training academy launched for small businesses

An accountancy company based in Aberdeen is launching a finance training academy for small businesses. Acumen Accountants & Advisors will be offering Sage One software for new clients, as well as training sessions at its premises on Riverside Drive.

According to recent statistics, over 1,300 start-ups have launched in Aberdeen over the past year. Acumen is now aiming to provide these businesses with the software and skills that they need in order to meet the financial demands of starting up a new small business. 

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Number of female entrepreneurs increasing, according to HSBC report

March 10 ,2016 | by Erin O’Neill

The number of young female entrepreneurs in the UK is rising, according to a report from HSBC. The report, which was released on International Women’s Day, showed that the proportion of female entrepreneurs has almost doubled with each generation.

The findings were backed up by new research from Crunch Accounting, which showed that the number of females choosing to start their own business has increased by 42 per cent since 2010, with nearly a third of start-ups now being founded by women.

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Barclays to offer digital labs to businesses and entrepreneurs

Barclays is to offer hi-tech equipment in labs for businesses and entrepreneurs. The labs will provide 3D printers, laser cutters and “incubators” for high-growth companies.

Businesses and entrepreneurs will also be able to receive mentoring and have access to meeting rooms, cybercrime awareness events and workshops. There will also be computer coding classes for local schoolchildren.  

 

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Scheme launched to help homeless access jobs in London

A social entrepreneur has launched a pioneering scheme to enable homeless people in London to have access to the internet.

Peter Paduh is providing homeless people in the capital with refurbished laptops to enable them to get online, apply for jobs and learn web skills. The scheme, which is called the Laptops for Homeless Initiative, has been launched in Camden Town by Socialbox.biz, Paduh’s enterprise.

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Study reveals fastest growing tech start-ups in the North

The North of England’s fastest growing technology start-ups have been revealed by technology investment bank, GP Bullhound.

Manchester was found to have the highest number of companies on the list at 28 per cent, followed by 16 per cent in Yorkshire, 14 per cent in Newcastle, and the rest of the businesses located in areas such as Blackpool, Sunderland and Glasgow.

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Birmingham growth hub secures £1 million BIS funding package

March 08 ,2016 | by Helen Gould

A growth hub based in Birmingham has secured a £1 million funding package to enable it to provide more support for local businesses to help them to grow.

The Greater Birmingham Growth Hub received funding from the Department for Business, Innovation & Skills (BIS) to expand its programme and offer “greater levels of expert knowledge” to businesses.

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Start-up scheme will help to drive economy, say UK officials

March 08 ,2016 | by Hari Sri

A start-up scheme launched by the Government will help to drive the economy, according to officials.

The Start Up Loans Company, which was established by the Department for Business, Innovation & Skills in 2012, has so far helped to create 50,000 jobs.

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Women-led businesses major contributors to UK economy, shows study

March 08 ,2016 | by Claire Payne

Women-led businesses are the driving force of the UK economy, according to data compiled by Founders4Schools, a company that focuses on inspiring young people to set up their own business.

Figures from the open-government and LinkedIn data sets showed that the average annual turnover for businesses led by women is £11,719,080, more than the average business annual turnover of £11,284,634. 

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New Gloucester business hub will benefit small businesses

A new business hub is expected to benefit small and medium-sized businesses in Gloucester and create new jobs in the area.

The hub would consist of 22 units, which would be used for general industrial use and to provide office space for businesses.

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Leighton Buzzard property firm to create 150 apprenticeships

March 06 ,2016 | by Erin O’Neill

A company based in Leighton Buzzard is to create 150 apprenticeships to help young people develop a wide range of skills. Property firm Connells Group will be creating the apprenticeships as part of this year’s National Apprenticeship Week, from 14th to 18th March.

The company first launched the Connells Group Apprenticeship Scheme in 2013 to provide young people aged 16 to 23 with the opportunity to develop the skills required to work in the residential property industry, such as business administration, HR, customer services and residential sales.

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NatWest and RBS scrap lending fees to support SMEs

NatWest and Royal Bank of Scotland (RBS) have scrapped lending fees for small businesses. RBS announced last week that small businesses will no longer have to pay arrangement fees and repayment fees on loans.

Businesses will now be able to borrow up to £500,000 and make repayments at any time without having to worry about any penalties. 

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Marga Hoek interviewed on award-winning book 'New Business Economy'

March 04 ,2016 | by LSBF Blog Staff

Dr Steve Priddy, LSBF's Director of Research, has interviewed Dutch entrepreneur and author Marga Hoek about her recent best-selling book.

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