Nearly three quarters of UK SMEs have abandoned plans to expand overseas due to sky-high trading costs, according to new research. The findings were contained in a survey which quizzed industry chiefs about their plans for expansion, ambitions for the year ahead and concerns around the economy. Resources and training were cited as a barrier […]
New analysis has found that on average hybrid working employees deliver nearly two extra weeks of work a year for their employer as well as working harder and better in a hybrid environment. The results of the analysis — which shows the benefits of hybrid working for organisations — are a combination of academic research […]
14 months after a consultation into the umbrella industry, the government still hasn’t issued its response – despite a 400% increase in umbrella working since 2007/08. Experts have called on the government to publish the findings of its consultation into the umbrella company market, which concluded over a year ago. The lack of action leaves […]
Businesses may struggle to access credit as operating costs hit their highest levels since 2008 and as late payments soar, a leading insurer has warned. Credit is set to become more expensive and in shorter supply as companies become slower in making payments, according to Allianz, one of the world’s biggest insurance companies. Its analysts […]
A female co-founder, and her business partner, who were denied support because the business didn’t have ‘hyper-scale potential’, have seen their company awarded The King’s Award for International Trade for 2023. Join Talent, a hyper-growth embedded recruitment solutions business based in Scotland, is part of the first ever King’s Awards for Enterprise. Announced today Join Talent is one of […]
Since the end of January, the vehicle scrappage scheme has committed nearly £18m to low-income and disabled Londoners, and small businesses and charities to help them take some of the most polluting vehicles from London’s roads. While £13.5m has been allocated for drivers of vans and minibuses, the majority going to help small businesses, more […]
New UK business founders who strive for their start-up to have a positive impact on the world and plan to raise investment for the first time have just one week left to apply for a place on Virgin StartUp’s Collective Impact programme. Last year, 24 founders raised £4 million after completing the course run by […]
The ‘Sandringham Wool Collection’ of deluxe handcrafted mattresses is set to bring new relevance to hyperlocal sourcing using fully traceable wool in its bedding and mattresses from Aberfield sheep that graze on the Royal Estate. Pre-industrial revolution, hyper-local sourcing was the only way for consumers and cottage industries to source their goods and raw materials- […]
Barclays plans to support more than 17,000 technology entrepreneurs based outside London over the next two years under a new £12 million government grant which has opened for applications. The bank’s tech business incubator, Eagle Labs, won the grant in January and will add it to the £10 million a year it already spends on […]
After Mick Lynch criticised the IR35 legislation for contributing to strike action that threatens the energy transition, the government has also been warned that mismanagement of IR35 puts other key projects at risk – namely, the plan announced in the Spring Statement to make the UK a science and technology superpower in the next decade. Responding […]