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Posted By Claire Payne

About Claire Payne

Claire Payne is a journalism graduate and former News Writer for LSBF. She writes about SMEs, education and careers, entrepreneurship, women in business and sustainability.

Contact Claire at claire.blog@lsbf.org.uk
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Claire Payne

New mobile banking app launched for SMEs

February 02 ,2017 | by Claire Payne

New mobile banking app launched for SMEs

A new mobile banking app designed to meet the needs of small businesses has been launched by UK-based mobile banking company Tide.

Tide, which is one of the world’s first mobile banking services for SMEs, enables users to quickly set up a business account.

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Guide to help businesses avoid late payments published

February 01 ,2017 | by Claire Payne

Guide to help businesses avoid late payments published

Guidance to help large businesses improve their payment practices and pay their suppliers on time has been published.

The guide comes after research from payment processor BACS found that almost half of small and medium-sized businesses have problems with late payments, with over £26 billion being owed to them.

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New enterprise zone could boost economy by £589 million

January 30 ,2017 | by Claire Payne

New enterprise zone could boost economy by £589 million

A new enterprise zone that will be based in the West Midlands could help to boost the local economy by £589 million.

DY5 - Dudley's Business and Innovation Enterprise Zone, which will be located in Brierley Hill in Dudley, is also expected to create thousands of new jobs across the country.

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Microsoft to offer free digital training in UK

January 27 ,2017 | by Claire Payne

Microsoft to offer free digital training in UK

Microsoft has become the latest tech company to announce free digital literacy skills training to everyone in the UK.

The company will offer free online training to 30,000 public servants in the UK to help them boost their knowledge of digital literacy skills. 

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UK employees want to work from home, according to research

January 17 ,2017 | by Claire Payne

UK employees want to work from home, according to research

Research has found that over 80 per cent of workers in the UK would like to work from home, whilst just 36.5 per cent currently do so.

The research marks the start of Work From Home Week, which was launched yesterday and will run until January 22. 

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UK entrepreneurs receive titles in 2017 New Year’s Honours

January 05 ,2017 | by Claire Payne

UK entrepreneurs receive titles in 2017 New Year’s Honours

A host of business owners have been awarded titles from the Queen as part of the New Year’s Honours list.

This year’s list consisted of 1,047 recipients and featured entrepreneurs from a wide range of industries, including STEM (science, technology, education and maths), fashion and hospitality. 

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North West is a top area for start-ups, research shows

January 03 ,2017 | by Claire Payne

North West is a top area for start-ups, research shows

The North West is a top area for start-up businesses, with the number of businesses in the region increasing by 10 per cent in 2016, according to research from insolvency and restructuring trade body R3.

The research found that there are now a record number of start-ups in the North West, with an additional 32,774 businesses in the area than at the end of 2015. This brings the number of businesses in the region to more than 347,200. 

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Start-ups offered £150,000 in UK’s largest seed funding competition

January 02 ,2017 | by Claire Payne

Start-ups offered £150,000 in UK’s largest seed funding competition

UK start-ups are being offered the opportunity to secure £150,000 in the UK’s largest ever seed funding competition.

The Start-Up Series is a monthly competition and has returned for January to give early-stage companies the chance to secure equity funding from a £1.8 million Seed Enterprise Investment Scheme (SEIS).

 

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Small businesses want access to technology, according to index

December 23 ,2016 | by Claire Payne

Small businesses want access to technology, according to index

Small businesses want improved availability of technology, with 37 per cent believing that it will positively impact on growth next year, according to the annual SME Hopes and Fears Index from Barclays.

The index also revealed the other most important factors when it comes to boosting growth, with 30 per cent citing opportunities for exporting and access to international markets, 22 per cent moving their business online and having a digital presence, 22 per cent consumer demand and 21 per cent the condition of the UK’s economy. 

 

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Workers believe stability is key to successful career, research finds

December 15 ,2016 | by Claire Payne

Workers believe stability is key to successful career, research finds

New research has revealed how people feel about achieving success in their career.

The survey from First Direct questioned 2,000 British people on the definition of success and what they believe employers should do to enable them to have a successful career.

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UK startups need to improve their SEO, according to report

December 07 ,2016 | by Claire Payne

UK startups need to improve their SEO, according to report

Startups and small businesses in the UK need to improve their SEO to enable consumers to find them online, according to a report from 123 Reg.

The research, which surveyed over 1,000 adults in the UK, found that three out of five respondents believe that online searches favour established stores over smaller brands.  

 

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1.6 million Brits helping to bridge funding gap, research shows

December 07 ,2016 | by Claire Payne

1.6 million Brits helping to bridge funding gap, research shows

Over 1.6 million Brits have helped to bridge the funding gap by lending money to their friends and family to enable them to start a business, according to research by ThinCats, a peer-to-peer lender.

The research found that entrepreneurs are being given £4,479 on average to help them to set up their business, with a total of £7.2 billion being lent directly from family and friends.

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Over 700,000 UK jobs created in 2014/15, research shows

December 02 ,2016 | by Claire Payne

Over 700,000 UK jobs created in 2014/15, research shows

Over 700,000 jobs were created by businesses in the UK from 2014 to 2015, according to research by the Enterprise Research Centre (ERC).

The research found that 709,174 new jobs were created over this period, with nearly a quarter of them being created by businesses in London.

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UK and Poland to work together to support entrepreneurs

November 30 ,2016 | by Claire Payne

UK and Poland to work together to support entrepreneurs

The UK and Poland will be working together to support entrepreneurs from both countries, Prime Minister Theresa May has announced.

Speaking after a number of meetings between British and Polish government ministers earlier this week, May said that the main focus will be on supporting small enterprises and boosting economic ties between the UK and Poland.

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Britain is a top location for entrepreneurs, according to study

November 28 ,2016 | by Claire Payne

Britain is a top location for entrepreneurs, according to study

Britain has been named one of the top places for entrepreneurs in a new study from the Mara Foundation and Opinium Research.

The study looked at which countries provide the best entrepreneurial environments, with the UK coming in fifth place above the United States and most of the EU. 

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Innovate UK celebrates Britain’s most innovative women

November 23 ,2016 | by Claire Payne

Innovate UK celebrates Britain’s most innovative women

Innovate UK has celebrated 15 of the UK’s most innovative women at an awards ceremony at London’s Royal Society of Arts.

The Innovate UK awards, which was launched in May this year, will be awarding £50,000 and a tailored business package to each of the winners.

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Lender to expand loan service to additional 3.6m businesses

November 21 ,2016 | by Claire Payne

Lender to expand loan service to additional 3.6m businesses

London-based lender Wirefund will soon be providing financial support for an additional 3.6 million British businesses.  

The company has expanded its service after receiving approval from the Financial Conduct Authority (FCA).

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UK entrepreneurial performance at all-time high, according to index

November 16 ,2016 | by Claire Payne

UK entrepreneurial performance at all-time high, according to index

Entrepreneurial performance in the UK is higher than ever before, according to Barclays’ Entrepreneur Index.

The index showed that entrepreneurial performance had increased by 10 per cent since 2011.

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Over half of small businesses do not use social media

November 13 ,2016 | by Claire Payne

Over half of small businesses do not use social media

Over half of small business owners in the UK do not use social media, according to a recent survey from Manta.

The research found that 76 per cent of business owners do not use Instagram to market their business, despite it currently being the most popular social media platform. 

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BT launches competition for start-ups and small businesses

November 11 ,2016 | by Claire Payne

BT launches competition for start-ups and small businesses

BT has launched a competition for start-ups and small businesses to find new innovations that will help the company’s UK customers to feel more connected to their family, friends and communities.

The competition, which will be run by BT’s Infinity Lab, will give start-ups and small businesses the opportunity to present their ideas in a Dragons’ Den-style pitch to a panel of the company’s experts.

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Fintech lender to provide funding for SMEs

November 09 ,2016 | by Claire Payne

Fintech lender to provide funding for SMEs

An online financial technology lender has revealed that it will provide funding for SMEs by expanding to the UK.

Spotcap, which provides business loans and credit lines to SMEs, is hoping that the expansion will enable the company to help SMEs in the UK to grow.

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Flexible working hours reduce workplace stress, says study

November 04 ,2016 | by Claire Payne

Flexible working hours reduce workplace stress, says study

Introducing flexible working hours would contribute most to reducing stress at work, according to a study by Cascade HR.

The research surveyed over 1,000 full-time or part-time employees and asked them what their employers could do to help reduce stress. Introducing flexible working hours was cited by nearly half of respondents. 

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Highest paid jobs of 2016 revealed

November 02 ,2016 | by Claire Payne

Highest paid jobs of 2016 revealed

The UK’s top ten highest paid jobs of 2016 have been revealed in a survey from the Office of National Statistics (ONS).

The Annual Survey of Hours and Earnings 2016 used 2015/2016 pay-as-you-earn (PAYE) tax records to obtain the data, surveying a sample of 1 per cent of full-time workers from each occupation. 

 

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SME private investments to reach record high

October 31 ,2016 | by Claire Payne

SME private investments to reach record high

The Government’s Enterprise Investment Scheme (EIS) has helped private investments in SMEs to reach a record high, according to a study from Salisbury House Wealth.

The study found that SMEs received £1.8 billion from private investments through the scheme in the last year, an increase of 14 per cent from £1.6 billion on the previous year.

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Shortage of women in senior accountancy roles, study finds

October 30 ,2016 | by Claire Payne

Shortage of women in senior accountancy roles, study finds

Over 60 per cent of accountancy firms do not have any women in senior roles, according to a study by Visible Women.

The Women in Finance: Not Adding Up! report showed a shortage of women in senior roles such as executive board members, partners and senior accountants in two-thirds of companies. 

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