UK SMEs are investing nearly half of their annual turnover on technology to counteract rising costs and retain competitiveness. That is the findings of the latest Barclays Business Barometer and according to the bank’s research, the most innovative SMEs in the UK are spending 48% of annual revenue on technology, with 45% doing so to…
Small businesses often find themselves juggling numerous responsibilities. Among these, managing accounts and bookkeeping stands out as a fundamental and ongoing task. In this comprehensive guide, we will explore the intricacies of managing accounts and bookkeeping for small businesses. From understanding the basics to utilizing the right tools, we will ensure you are well-equipped to…
The government has asked the Bank of England to look at options for using Russian sovereign assets to fund Ukraine’s war effort, Chancellor Jeremy Hunt has told media. Mr Hunt said finance ministers around the world had discussed what more they could do, beyond sanctions, to disrupt Russia’s ability to pay for the war. “This…
A strong online presence is not just a choice but a necessity for small businesses looking to thrive in a competitive market. With the vast majority of consumers turning to the internet to search for products and services, having a website that not only looks appealing but also performs optimally is indispensable. This is where…
In today’s fiercely competitive business landscape, small businesses in the United Kingdom face numerous challenges and opportunities. To navigate this complex environment successfully, it’s crucial for small business owners to conduct a SWOT analysis. This strategic tool helps identify strengths, weaknesses, opportunities, and threats, enabling businesses to make informed decisions and thrive. In this article,…
JP Morgan boss, Jamie Dimon, has warned the world may be living through “the most dangerous time the world has seen in decades” as Israel prepares to launch an expected ground offensive on Gaza. The escalating conflict could have “far-reaching impacts” on energy prices, food costs, international trade and diplomatic ties, he said as JPMorgan…
Starting and running a small business in the United Kingdom can be a rewarding yet challenging endeavor. To thrive in this competitive landscape, it’s crucial for small business owners to stay informed about the latest trends and statistics that can impact their operations. In this article, we’ll explore the top 15 statistics every small business…
The UK economy returned to growth in August after the wet weather in July delivered a blow to output, prompting economists to roll back the chances of a recession, official figures revealed this morning. GDP expanded by 0.2 per cent in August, according to the Office for National Statistics (ONS), in line with City analysts’…
Small businesses are constantly striving to make their mark and stand out amidst the competition. One powerful strategy that has proven to be a game-changer in the world of digital marketing is Content Marketing. And within the realm of Content Marketing, there’s a valuable technique that often goes overlooked by small businesses – Content Mapping….
London has climbed into the top 10 for venture capital investment globally, charging ahead of European rivals as it cements itself as a technology investment hub among US and Chinese competitors, according to a new report. A new report rated global cities on areas such as deal value and quantity of exits to rank global…
In the realm of marketing and business, understanding human psychology can be a powerful tool. One psychological principle that can significantly impact consumer behaviour is known as loss aversion. Loss aversion psychology revolves around the idea that people tend to strongly prefer avoiding losses over acquiring gains. In this article, we will delve into the…
Whether you’re a seasoned businessperson or just starting your journey, the key to success lies in identifying the most profitable small business ideas. In this comprehensive guide, we’ll unveil the Top 10 Most Profitable Small Business Ideas in 2023 that have the potential to bring substantial rewards. With expert insights and actionable tips, you’ll be…
Closer collaboration around skills, emerging technology and industry should play a key role in future trade agreements between the UK and India, according to Uday Samant, Minister of Industries of Maharashtra, India. Speaking at the Investor summit in central London yesterday, Mr Samat addressed business leaders, outlining his vision about how Maharashtra plans to encourage…
Social media has become a powerful tool for non-profit organizations to raise awareness, engage with supporters, and drive their missions forward. This article explores the top tips for non-profits to make the most of their social media presence. We will delve into strategies and best practices that can help these organizations thrive in the online…
IWG, the world’s leading provider of hybrid work solutions, has announced that is has added 612 new locations since January 2023. An overwhelming 95% of these new locations are being delivered via managed partnership agreements, delivering on IWG’s capital light strategy. The rapid growth in new locations is being driven by property owners and partners…
