In The News

Recent news headlines relating to UK businesses, entrepreneurs, and sole traders.

UK Businesses Eager To Gain B Corp Certification

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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

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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

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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

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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

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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 firms. 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

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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

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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

Social Media Top Sales Generator For 28% Of SMEs

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Social Media Top Sales Generator For 28% Of SMEs

8 August 2023 – New research has found that social media is now the top sales generator for 28% of small businesses. It replaces other sales channels such as e-commerce and actual stores. A study surveying 2,000 UK adults, 500 of which have their own company, has shown that social media generates more sales for … Read more

79% Of Small Businesses Are Positive About Their Performance

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79% Of Small Businesses Are Positive About Their Performance

1 August 2023 – Despite the challenging economic landscape, the majority of small businesses are optimistic for the future, with almost 80% being positive about their performance. The past few years were tough for small businesses: the pandemic, supply chain issues, energy prices soaring, inflation rising, borrowing costs going up and business rates and taxes … Read more

Contactless Payment Top Payment Method In UK

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Contactless Payment Top Payment Method In UK

25 July 2023 – Contactless payment is the favourite payment method of the Brits, overtaking cash payments in face-to-face transactions. The use of cash to pay for goods in stores has reduced for quite a while now. Especially during the pandemic, card payments became the safer option compared to paying with cash. New research has … Read more