75% Of UK Businesses Worry About Skills Shortage For 2024

75% Of UK Businesses Worry About Skills Shortage For 2024

31 October 2023 – A labour and skills shortage has been plaguing UK businesses for years now. And according to a new study, business leaders are concerned about the challenges continuing in 2024. The right staff is vital for any business to grow and thrive. But in recent years, a skills gap has impacted on … Read more

UK Shoppers To Spend Big On Black Friday And Cyber Monday

UK Shoppers To Spend Big On Black Friday And Cyber Monday

24 October 2023 – Black Friday and Cyber Monday have become important events in many shoppers’ diaries. A new survey suggests UK shoppers are planning to spend big during these discount events this year. This year was tough for many small businesses. High inflation and rising borrowing costs made running a business financially challenging. The … Read more

72% Of Small Businesses Want More Support To Upskill Staff

72% Of Small Businesses Want More Support To Upskill Staff

10 October 2023 – Small UK businesses have been impacted by a skills gap, which has made hiring new staff a huge challenge for some. 72% want more support from the government to upskill staff and close the skills gap. Small businesses had a tough time in the past few years. The pandemic made trading … Read more

UK Businesses Eager To Gain B Corp Certification

UK Businesses Eager To Gain B Corp Certification

3 October 2023 – UK businesses are putting sustainability and ethics at the heart of their operations. So far this year, 1,500 British companies have achieved B Corp certification to prove it. In a world where extreme weather events become more frequent and violent, environmental issues have become a constant feature in the news. More … Read more

CMA Sets Out Key Principles For Generative AI In Business

CMA Sets Out Key Principles For Generative AI In Business

26 September 2023 – The UK’s Competion and Markets Authority (CMA) has published its latest report on artificial intelligence (AI), setting out key principles for generative AI to protect consumers and healthy competition. AI has been in the news a lot lately, with many warning it could cause a lot of harm to people as … Read more

Entrepreneurial Spirit Flies High In 2023 In The UK

Entrepreneurial Spirit Flies High In 2023 In The UK

19 September 2023 – The past few years were tough for businesses around the world. But 2023 seems to be the year of the entrepreneurial spirit in the UK, despite the challenges. When the COVID-19 pandemic reached the UK at the beginning of 2020, most people and businesses thought that the ensuing lockdown would only … Read more

Small Businesses Chasing Overdue Invoices Worth £27k

Small Businesses Chasing Overdue Invoices Worth £27k

12 September 2023 – Late payments have been a huge problem for small businesses for a long time. But new research revealed that small businesses are waiting on average for overdue invoices worth £27,214 to be paid. Small and medium-sized enterprises (SMEs) have long called on the government to tackle the issue of late payments. … Read more

Over 150,000 New Businesses Started By Women In 2022

Over 150,000 New Businesses Started By Women In 2022

5 September 2023 – The number of female entrepreneurs in the UK has risen, despite the challenging economic landscape, with more than 150,000 new businesses started by women in 2022. 2022 was a tough year for small businesses. Many were still recovering from the impacts of the COVID pandemic, when they got hit by supply … Read more

Financial Wellbeing Impacted By Cost-Of-Living Crisis

Financial Wellbeing Impacted By Cost-Of-Living Crisis

29 August 2023 – The cost-of-living crisis is causing UK employees a lot of stress. Despite this, 64% of workers say that their employers aren’t supporting them with measures to improve their financial wellbeing. Many households have seen their budgets shrink due to the cost-of-living crisis. Especially the rising costs of food and energy hit … Read more

Government Launches UK Business Climate Hub

Government Launches UK Business Climate Hub

15 August 2023 – On Monday the UK Government has launched the UK Business Climate Hub to support small businesses to cut their carbon emissions and save money on their energy bills. Since 2019, the UK is bound by law to achieve net-zero carbon emissions by 2050. According to research, business and industry are responsible … Read more