When comparing to last year’s spending habits, over half of consumers are more likely to or are already using Buy Now Pay Later (BNPL) services, according to new research. The data reveals that a quarter of consumers, more conscious of their spending habits during the cost of living crisis, are more likely to use BNPL […]
In-house lawyers working in major British companies are becoming increasingly concerned that the firms they work for are failing to keep up with the methods being used by criminals to carry out financial crime. More than two-thirds of in-house lawyers surveyed by law firm Ashurst said they have concerns about their companies’ abilities to keep […]
Leicester College student, Cerys Andrew has been announced as the 2022 National Entrepreneur of the Year and will receive a £5,000 investment from Peter Jones CBE, star of BBC’s Dragon’s Den. Cerys, who has recently completed the Peter Jones Business Enterprise BTEC National Foundation Diploma Cerys with Levi Rootslevel 3 at the College, entered the […]
Amidst concerns that R&D might be cut, we are urging the Government that R&D funding must be protected to help drive an innovation-led recovery and economy. We need to see a recommitment to the 2021 Conservative government spending review pledge to increase funding for R&D by £5bn to £20bn a year by 2024-5. A report […]
Staff at the Co-op will be able to take paid time off for fertility treatments, under a new policy launched by the retailer. Co-op’s chief executive, Shirine Khoury-Haq, said she has gone through the process of fertility treatment herself and wants to create a supportive environment for her employees. The policy will provide paid leave […]
The UK is currently in a state of economic crisis, with energy bills rising and the unemployment rate continuing to worsen, the UK is expected to enter a recession in 2023. A recent report by Energy Live News found that many small businesses are ‘struggling to stay afloat’, and it’s anticipated that ‘nearly 53% of […]
The appointment of Rishi Sunak as prime minister could be a fresh opportunity to set favourable regulatory conditions to promote the UK as a world-leading crypto-hub. On Tuesday, bitcoin was unimpressed by the latest appointment in the revolving-doors of UK politics. Bitcoin (BTC-USD) has side-stepped along the $19k mark for the past week, and ether […]
New ONS figures reveal UK trade with the EU fell sharply again in August, even though it increased with the rest of the world. August’s Office for National Statistics (ONS) UK Trade figures reveal Brexit is still having a huge impact on Britain’s businesses. British exports to the European Union (EU) tumbled by £300m in […]
The volume of cyber attacks on UK businesses fell by four per cent in the third quarter of 2022, but remains high by historical standards, warns Beaming, the specialist business ISP. UK firms experienced 169,824 attempts each to breach their systems between July and September, on average, the equivalent of one every 47 seconds. Sonia […]
As the UK faces continued economic turmoil and volatility, business owners’ confidence is taking a hit, with 22% of business owners lacking confidence that their business could survive a recession in the next 12 months. As rate rises loom large in the minds of business owners, additional base rate rises, could be set to curb […]