In The News

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

92% Of Employees Want Training Opportunities

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92% Of Employees Want Training Opportunities

9 May 2023 – The employment landscape is changing, with pay packages and benefits no longer the most important factor in choosing an employer. Instead, training opportunities are now on the top of the list. The pandemic started the so-called “Great Resignation”, where many employees were leaving their jobs in search of work that is … Read more

47% Of Workers Don’t Believe In Traditional Employment

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47% Of Workers Don't Believe In Traditional Employment

2 May 2023 – Traditional employment is no longer seen as the safest option when it comes to job security. This has led many to reassess their career plans and look for alternatives. UK businesses had a tough few years, with a pandemic followed by a labour shortage and rising costs. And the challenging times … Read more

Will 2023 Be The Year Of Redundancies?

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Will 2023 Be The Year Of Redundancies?

25 April 2023 – Redundancies have made the news a lot this year already with many big companies laying off staff to mitigate higher costs, including Amazon, Meta, Twitter, Tesco and Wilko. Due to Brexit and the pandemic, 2022 has seen a labour shortage, which made finding the right staff difficult for small businesses. Recruitment … Read more

93% Of Apprentices Stay In Same Company After Qualification

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93% Of Apprentices Stay In Same Company After Qualification

11 April 2023 – New research has shown that retention among apprentices is very high, with 93% staying in the same company after they have qualified. The UK is suffering from a shortage of skilled labour, which has a big impact on many small businesses. Not being able to get the right staff for the … Read more

Changes In The Tax Year 2023/24 For Small Businesses

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Changes In Tax Year 2023/24 For Small Businesses

4 April 2023 – The tax year 2023/24 has started, which means several changes will come into effect. Many of these will affect small businesses. With every new tax year, changes come into effect. After a very challenging year, many small businesses are bracing for more headwinds, as some changes will put more pressure on … Read more

Cost-Of-Living Crisis Is Impacting Workplace Culture

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Cost-Of-Living Crisis Is Impacting Workplace Culture

28 March 2023 – New research shows that 95% of small and medium-sized enterprises (SMEs) say that workplace culture is suffering due to the cost-of-living crisis. Spending solutions firm Pleo has released its newest State of Spending Report, which shows that 95% of small businesses leaders feel that the cost-of-living crisis puts workplace culture at … Read more

Spring Budget 2023: What It Means For Small Businesses

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Spring Budget 2023: What It Means For Small Businesses

21 March 2023 – On Wednesday the Chancellor has delivered his first spring budget, which he also called the “back-to-work budget”, indicating what his main focus is. In the weeks leading up to the spring budget, Jeremy Hunt has emphasised that economic growth will be the cornerstone of the measures he will announce. A main … Read more

Economic Inactivity Expected To Feature Heavily In Budget

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Economic Inactivity Expected To Feature Heavily In Budget

14 March 2023 – The Chancellor will deliver his spring budget on 15 March, and it is expected that combating economic inactivity will play a big role in the Government’s plans. Before any budget, there is much speculation about what will be in it. And it’s no different for this spring budget, which Jeremy Hunt … Read more

How The Childcare Crisis Impacts On Small UK Businesses

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How The Childcare Crisis Impacts On Small UK Businesses

7 March 2023 – Childcare costs in the UK are the highest in Europe, which results in a childcare crisis that costs the UK economy up to £38bn every year. New data by the charity Pregnant Then Screwed shows that here in the UK parents use up to 75% of their income for childcare. This … Read more

4-Day Work Week: Could It Become The Norm In The UK?

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4-Day Work Week: Could It Become The Norm In The UK?

28 February 2023 – Following the largest 4-day work week trial in the world, over 90% of the companies taking part opted to extend the trial. Between June and December 2022, 61 businesses across the UK took part in a 4-day work week trial, the largest of its kind in the world. The pilot was … Read more