Posted By Claire Payne
British MPs Iain Duncan Smith and Stephen Kinnock went head-to-head in an EU Referendum debate in Central London on Wednesday night.
The Brexit Business Case Debate took place at the Institute of Directors on Pall Mall in Central London, where Conservative MP for Chingford and Woodford Green Iain Duncan Smith was joined by former Director General of the BCC, John Longworth, both of whom support the 'Leave' campaign. CBI President, Paul Drechsler CBE, sat alongside Labour MP for Aberavon Stephen Kinnock representing the 'Remain' camp.Read more >>
The British Business Bank has launched the first instalment of a funding scheme to help businesses to grow.
The Help to Grow programme will provide loans of up to £200 million to small businesses to encourage growth and innovation. The first £30 million instalment of the funding has now been made available to growing businesses.Read more >>
Over 50 per cent of business owners say that they will base their decision on whether or not the UK should leave the EU on facts, according to a report by software company Sage.
The report showed that the majority of business owners are not interested in what celebrities or politicians think about the upcoming EU, with 56 per cent saying that facts will have the biggest impact on their decision.Read more >>
Employment rate for women reached a record high in March, increasing to 31.58 million, according to the Office for National Statistics (ONS).
The ONS stated that the increase could be linked to the Government making changes to the retirement age for women to keep them in work for longer.
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Britain’s most in-demand jobs have been revealed by Adzuna. The website, which brings together millions of job ads to enable jobseekers to find their ideal role, revealed the top sectors for highly skilled job hunters.
Research showed that 40 out of 56 cities have more jobs available than the number of people searching for jobs. However, sectors such as retail, manufacturing and logistics have experienced a drop in the number of roles available.Read more >>
The Government is looking for recruits to fill 480 posts at the tax office in Cardiff due to the upcoming closure of the HM Revenue and Customs (HMRC) office at Ty Glas in Llanishen.
The closure comes as HMRC plans to restructure its tax offices, replacing its current network of offices with a smaller number of larger centres.
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Schools need to place more focus on teaching young people digital skills, according to former Education Secretary Lord Kenneth Baker.
Baker, who is Chairman of education charity the Edge Foundation, warned that millions of jobs are under threat from automation and that jobs in professions that were once considered careers for life are being lost.Read more >>
A transport business based in High Wycombe has launched a new scheme to provide young people with opportunities such as on-the-job training.
Geodis UK, which is located in Cressex Business Park, is offering talented young individuals in the local area the opportunity to join the company and receive training and mentoring from experienced staff.Read more >>
UK freelancers are more confident about the year ahead despite a drop in confidence in the economy, according to research from the Association of Independent Professionals and the Self Employed (IPSE).
The research showed that freelancers have more confidence on their business outlook than they did at this point last year, and also showed an increase in work levels. Freelancers worked for 84 per cent of the first quarter of 2016 compared to 80 per cent in 2015.Read more >>
Plans to invest over £2 million in Birkenhead’s town centre have been announced.
Wirral’s Business Improvement District, which has been renamed Birkenhead First, will be using the money to carry out improvements on the town centre and provide business support services over the next five years.Read more >>
Topshop has launched a start-up accelerator programme to find “stylish” and “functional” wearable technologies that will appeal to its consumers.
The British retailer will be partnering up with early-stage investment company L Marks to launch Top Pitch, which the brand will use to identify and co-develop prototypes to advance wearable technology.Read more >>
Global workspace provider Regus has opened a new office in London to provide flexible space for businesses.
The building, which is located at 63 St Mary Axe, will offer a number of facilities for start-up companies, remote workers and businesses that are looking to grow.Read more >>
Freelancers contributed over £100 billion to the UK economy in 2015, according to research published by the Association of Independent Professionals and the Self Employed (IPSE).
The research showed that freelancers now make up 6 per cent of the UK’s workforce, with 1.91 million people freelancing at the end of 2015 - up by 36 per cent since 2008.Read more >>
The Government has announced that it will be investigating employment rules that are stifling entrepreneurs and preventing them from being innovative.
The investigation, which was announced by Business Secretary Sajid Javid, will involve questioning businesses on topics such as what difficulties they face when trying to fund innovation.Read more >>
A bank based in Northern Ireland has launched a digital hub for small businesses in the area.
Danske Bank has created the hub to help entrepreneurs overcome the challenges of running a small business.Read more >>
An event that provides support and inspiration to small businesses is to return later this year.
Small Business Saturday, an annual nationwide event which is now in its fourth year, is set to take place on 3rd December 2016.Read more >>
More than 200 entrepreneurs are backing the campaign for Britain to remain in the EU. They warn that a Brexit could cause an economic shock that would be “hugely damaging” to small businesses and could lead to a loss of jobs.
An open letter backing an in-vote contains signatures from some of the UK’s leading entrepreneurs, including founders of successful businesses such as Zoopla, Skype, Net-a-Porter, Lastminute.com, and Ebookers.Read more >>
A study by business insurance company AXA has highlighted the challenges that female entrepreneurs face when working from home.
Irregular hours, caring for children and unpaid work were found to be the main challenges for female entrepreneurs.Read more >>
A charity has launched a pioneering scheme to help people learn and share computer skills whilst enjoying a drink in local pubs across Cornwall.
The Cornwall Rural Community Charity set up the Digital Champion project, which is funded by Cornwall Council, to help people improve their IT skills and gain confidence when using a computer.Read more >>
Plans to create a £1.3 million business centre in Harwich, Essex, have been unveiled.
Over 25 businesses have already shown an interest in occupying space at the centre, and the project could help to create over 85 jobs in the area.Read more >>
The UK Government has unveiled plans to support financial technology businesses as part of a scheme to make the UK the “FinTech capital of the world.”
UK Treasury Economic Secretary Harriet Baldwin announced that three initiatives will be launched to provide support for businesses in the industry.Read more >>
One of the largest software providers in the UK has opened a new hub in Birmingham, which is expected to create 400 jobs.
Advanced Computer Software’s new flagship hub is based in Birmingham’s Mailbox complex.Read more >>
The UK’s Space Innovation and Growth Strategy (IGS) has said that SMEs will be vital for its long-term plan to increase its share of the global space market.
In its UK Space Innovation and Growth Strategy 2015, the IGS announced that it is on track to increase its share of the market from 6% in 2009 to 10% by 2030. This share will generate £40 billion in revenue from the sector and now SMEs are being targeted for investment.Read more >>
Department store John Lewis has announced that it is ready to start receiving applications for its ecommerce startup accelerator programme, JLAB, which supports and develops innovative ideas in the retail industry.
Jointly run with L Marks, an innovation consultancy that works with startups and corporates, the programme will help to hasten the growth of retail startups by providing micro-funding of £200,000. Finalists will also get an opportunity to forge a commercial partnership with John Lewis.Read more >>
A Huntingdon-based not-for-profit organisation has secured funding of £10.5 million through Growth Deal, which is the funding arm of the Greater Cambridge Greater Peterborough Local Enterprise Partnership (LEP).
Minister for Business, Innovation and Skills Nick Boles visited the project site of iMET where a new facility will offer training in advanced technical skills in the fields of technology, engineering, and manufacturing.Read more >>