Small businesses in Britain are achieving turnover and profits last seen before the financial crisis in 2008.
As UK living standards return to pre-crisis levels, small businesses are also reporting their best performance since 2008.
Britain’s small firms have increased turnover, raised profits and expanded workforces over the last 12 months, according to the latest survey from the government, with businesses forecasting this positive trend to continue in 2015.
Nature and the environment is especially important to the British public, according to a new survey.
Nearly a third of the British public consider themselves to be very environmentally friendly, according to a recent survey commissioned by Nationwide Building Society.
It seems that nature and the environment is becoming increasingly important to residents of the UK, especially since almost two-thirds of respondents said they were willing to pay more for environmentally sustainable products.
Money is no longer all that attracts graduates to a company, according to EY.
Salary is no longer the main attraction for graduates that are considering their employment options, according to a new survey from Ernst and Young. The poll of more than a thousand students found that salary and benefits was no longer the number one consideration for graduates, despite coming joint top in last year’s survey.
India’s goal to produce 100 GW of solar power is easily within reach after investors pledged enough money to fund double that.
Further funding for India’s massive solar power plans has been pledged from a number of potential investors and brings within reach the nation’s goal to produce 100 gigawatts (GW) of solar energy by 2022, according to Indian energy minister, Piyush Goyal.
UK’s Markit/CIPS manufacturing PMI data jumped to seven-month high in February.
Manufacturing activity in the UK continues to post robust growth and highlights that Britain well and truly started this year strongly, according to the latest manufacturing purchasing managers’ index from Markit/CIPS.
Investment in renewable energy is rising, putting the UK on track to meet its clean energy commitments.
Clean energy in the UK continues to be a hot topic, especially since the government committed to produce 15 per cent of its energy from renewable sources by 2020. Investors in renewable energy range from venture capitalists and the government, to crowdfunded initiatives like the Trillion Fund, which means there’s a lot of money being pumped into sustainable energy.
An organisation dedicated to advancing women in business is preparing to hold its annual technology awards ceremony in London later this month.
everywoman, a globally recognised organisation which drives the development of women across all business sectors, will be honouring women’s contributions to the technology sector at its FDM everywoman in Technology Awards.
Direct and indirect spending by the UK government topped £11 billion during 2013/14, according to a report.
The UK government’s spending on small and medium-sized enterprises (SMEs) accounted for 26.1 per cent of all purchases made by Whitehall during the 2013/14 financial year, which meant the government exceeded its goal for 25 per cent of its procurement to go through SMEs, according to the latest figures.
Kimchi, the latest microfund, has been announced by 500 Startups and is set to launch in Seoul, South Korea.
500 Startups, the well-known US accelerator for startups, has just revealed details of its latest venture, 500 Kimchi, which will take $15 million to fund early stage startups in South Korea’s mobile space. The newest microfund from 500 Startups will deepen the firm’s reach into South Korea, which has already several investments from the company, according to the online tech magazine, TechCrunch.
Barclays has teamed up with Twitter to offer instant mobile payments through the social network via its Pingit app.
The UK banking giant, Barclays, has announced a partnership with the social network, Twitter, which will allow anybody in the UK to send or receive money by using a person’s Twitter handle. It’s another innovative solution for instant payments and will work via the bank’s mobile payment service app, Pingit.
We take a quick look at some of the most useful online resources for SME and startups.
In order to stay on top of industry news, trends, and general happenings, it’s imperative that business leaders and startups keep themselves in the loop. However, we know that time is one commodity that is increasing in its scarcity, which is why you should check out these online resources that can help you make the most of your precious time.
Workers in the UK this year will experience real wages rising for the first time since 2007, according to a report from the EY ITEM Club.
The UK’s workforce will see its first pay rise in eight years during 2015, according to a new report on labour from the EY ITEM Club. The research forecasts that inflation will turn negative this year and average wages will increase around 1.9 per cent annually, fuelling the first pick up in real earnings since before the financial crisis.
Google has signed a partnership with Softcard to further its efforts in the mobile payments arena.
Google has stepped up its battle in the mobile payments arena by forging a deal with Softcard, the mobile payments app that is owned by the three biggest wireless carriers in the US. Furthermore, the online giant secured a distribution deal with the carriers to get its Google Wallet payments app pre-installed on their phones, according to a Google Commerce blogpost.
UK’s top 100 share index breaks above the record closing high from 1999.
Britain’s leading share index sailed past the 1999 record closing high, lifted on a generally upbeat tone in the markets throughout Europe. Investors now eye the all-time index high as the next target, which lies around 6,950.
British tech industry growth continued to gather momentum in the final quarter of 2014.
Business activity in the UK’s tech sector continued to experience strong growth in the final quarter of 2014, despite less than favourable global economic conditions, according to the KPMG/Markit Tech Monitor survey.
Computer giant Dell has begun accepting payments via Bitcoin in its UK online stores.
Following a successful launch in the US last summer, Dell is now accepting payments with Bitcoin in its online stores in the UK. A partnership with payment processor Coinbase will bring the technology to the UK, and also Canada, which will make Dell the largest retailer in the UK to accept Bitcoin as a form of payment.
A new state-backed banking initiative will offer SMEs in Ireland loans at discount prices.
In a bid to kick-start lending to small and medium-sized enterprises (SMEs) the new state-backed Strategic Banking Corporation of Ireland (SCBI) aims to provide funds at a discount to current market rates.
Messaging app Snapchat is reportedly seeking a new round of funding that would value the company at $19 billion.
The three-year old messaging app, Snapchat, is looking to become the world’s third-most valuable venture-backed tech company as it is said to be in talks for a new round of funding to raise as much as $500 million, which would value the Los Angeles firm at a staggering $19 billion.
Samsung is looking to enter the mobile wallet race to rival Apple Pay and Google Wallet with its purchase of LoopPay.
Samsung has purchased the mobile wallet company, LoopPay, in what appears to be a move that will see the South Korean tech company take on Apple and Google in the digital wallet arena. The value of the deal has yet to be announced, but Samsung did hail the purchase as a move that will “accelerate the next wave of innovation in the digital smart wallet”.
Details have been released of the 12 startups that entrepreneurship showcase Pitch 10 will be taking to 10 Downing Street this year.
The finalists that made it through to this year’s Pitch 10 event have been revealed and twelve digital companies from all over the UK have been selected to pitch their businesses at 10 Downing Street later this month.