Posted By Thiago Kiwi
The first ever UK Employability Day has been launched. The event, which was co-ordinated by the Employment Related Services Association, took place on 15 April.
The event was celebrated by employment support providers from throughout the UK, with over 70 employment centres across England, Wales, Scotland and Northern Ireland being opened.Read more >>
East Sussex County Council has secured over £200,000 of government funding for the Business East Sussex growth hub for the next two years.
The hub, which was launched last year, provides support for companies that are at any stage of growth, including start-ups and companies that are aiming to expand.Read more >>
A London-based investment company has raised an additional £100 million to enable early-stage entrepreneurs across Europe to grow their companies.
Octopus Ventures, which is part of the Octopus Group, provides support for companies through all stages, from start-up stage to later growth. The company’s early stage funds are now in excess of £400 million.Read more >>
Accountants are one of the many types of workers now in demand as a skills shortage hits companies.
According to research from the Recruitment and Employment Confederation (REC), companies are searching for skilled workers such as accountants, project managers, sales staff, engineers and quantity surveyors to fill permanent positions.Read more >>
Lloyds Banking Group has pledged to support local companies become first-time exporters. As an effort to support and encourage SMEs, Lloyds will be supporting 5,000 exporters in Yorkshire in 2016 and intends to support a total of 25,000 first-time exporters by 2020.
The bank’s campaign has been launched in support of the government’s Exporting is GREAT campaign, which aims to help up to 100,000 businesses trade overseas.Read more >>
Elevator, a business support organisation that works with businesses across Scotland, has said that Aberdeen city and shire are witnessing an increase in startups, and this reflects the robust economy and flourishing entrepreneurial spirit in the region.
The organisation works with startup companies and promotes the growth of existing and new businesses in Scotland. It claimed that the number of startups launched in the north-east during the past year was the highest ever, with 555 new startups opening in Aberdeen and 721 in Aberdeenshire.Read more >>
Businesses in the North East are set to benefit from an additional £17 million after an EU investment cash programme was given a boost. The JEREMIE programme, also called the Finance for Business North East fund, has received a top up so that it can continue investing in the fastest-growing businesses in the North East until the end of 2016.
The programme was established by North East Finance in 2010 to drive economic growth in the North East; it is made up of a suite of seven investment funds.Read more >>
Rochdale Council has announced that apprentices in the borough will receive an additional payment of £1,000 from the council as an incentive to continue their apprenticeship. Employers operating within the borough will also receive an extra £1,000 for every new apprentice they take on.
The council hopes this incentive will motivate more young people to take up an apprenticeship in fields such as informational technology, computing and engineering.Read more >>
Start-ups should have “the right early support” to help them overcome their fear of failing, according to NatWest North East Entrepreneur Development Manager Dale Sidebottom.
His comments came after new research carried out by Populus for NatWest showed that 23 per cent of people would like to start their own business, but 57 per cent are held back from doing so because they have a fear of failing.Read more >>
Google is to be one of the headline acts for Blackpool’s first Enterprise Week. The event, which will be hosted by Blackpool Council, will provide a wide range of activities to help local entrepreneurs to grow their business.
Google will be launching its Google Digital Garage at the event, which will be the first time the tech company has taken the workshop outside a major city.Read more >>
The deadline for this year’s Startups 100 index has been extended. The annual initiative, which was launched in 2008 by Startups.co.uk, is a countdown of the best start-up companies in the UK.
Described as “the longest running index of its kind”, the scheme searches for the UK’s most “exciting and innovative early-stage businesses with fast-growth potential, original concepts and forward-thinking founders” that have launched within the last three years.Read more >>
Almost half of SMEs in Britain saved £10,000 or less on bills in the last 12 months by negotiating with their suppliers, according to a survey by npower Business.
The survey found that this resulted in Britain’s small businesses making overall savings of £511 million across the sector over the past year.Read more >>
Apprenticeships are one of the most important factors for business growth, according to research for the Funding Skills Agency.
The research, which was released as part of National Apprenticeship Week, found that nearly half of managers in growing companies in the West Midlands believe that hiring the right employees and having employees with the right skills are the most important factors when it comes to expanding a business.Read more >>
Employers in England are to receive a 10 per cent top up on their monthly levy contributions. The plans were announced in a budget report published by the Treasury.
The top-up will mean that for employers who pay a levy of £2,000, their levy pot will be £2,200. This will be available for them to spend on apprenticeship training through their digital account.Read more >>
Boris Johnson has unveiled plans to create a business hub in East London. According to Johnson, the proposals will “transform further parts of the Docks and adjoining Beckton Riverside to become a world-class business destination.”
The proposals include recommendations for improved transport infrastructure and will help to create industrial space, as well as open up further developable land on the north banks, which could help to bring 24,000 homes and 60,000 jobs to the area.Read more >>
Multi-channel services company Parseq is to create over 700 jobs in Sunderland.
The company, which operates from Doxford International Business Park, is to expand after investing in the development of a new centre at a second site in the city.Read more >>
Britons are turning their hobbies into successful businesses, according to a study by Weebly. The company found that over 35 per cent of entrepreneurs have turned a hobby or passion into a successful business.
The study also explored the current thoughts and trends amongst the entrepreneurial community and found that nearly 90 per cent of entrepreneurs believe that Britain is an ideal place to start a business.Read more >>
Barclays is to offer hi-tech equipment in labs for businesses and entrepreneurs. The labs will provide 3D printers, laser cutters and “incubators” for high-growth companies.
Businesses and entrepreneurs will also be able to receive mentoring and have access to meeting rooms, cybercrime awareness events and workshops. There will also be computer coding classes for local schoolchildren.
Read more >>
NatWest and Royal Bank of Scotland (RBS) have scrapped lending fees for small businesses. RBS announced last week that small businesses will no longer have to pay arrangement fees and repayment fees on loans.
Businesses will now be able to borrow up to £500,000 and make repayments at any time without having to worry about any penalties.Read more >>
Serial entrepreneurs are the central to the success of the UK economy, according to a report from Coutts and the Centre for Entrepreneurs (CFE).
The report, titled “Beyond the first business: the myths, risks and rewards of being a serial entrepreneur”, showed the differences between one-time entrepreneurs and serial entrepreneurs.Read more >>
The Co-operative Bank has launched a programme nationwide in partnership with Co-operatives UK to support people who are looking to start or grow community enterprises.
The programme, which is called The Hive, will provide a wide range of opportunities, including peer mentoring, training sessions, advice, and one-to-one support.Read more >>
Businesses need “fast, reliable connectivity” in order to thrive, according to business secretary, Sajid Javid. In a speech to the EEF, the manufacturer’s organisation, Javid announced a review that will provide affordable and high-quality broadband for businesses.
The announcement comes after research found that slow broadband causes businesses to lose up to a full day’s work. A recent study by Virgin Media Business found that having a slow connection is the biggest time waster for small businesses, whilst research from YouGov found that the average employee loses around 15 minutes a day as a result of slow broadband.Read more >>
UK employers are planning to recruit more permanent staff in the next three months, according to the latest JobsOutlook survey from the Recruitment and Employment Confederation (REC).
The report found that over 80% of businesses are planning to hire more permanent staff between now and May, whilst 29% said that they have recruited more staff in the past year.Read more >>
Prince Charles’ Business in the Community charity is looking for ‘ambitious’ social entrepreneurs to take part in its annual programme. The charity is looking to support social enterprises by helping them to grow and create jobs in London and Northern England.
The programme, which is backed by BP, Asda and Interserve, provides many opportunities for entrepreneurs, including free advice from expert business leaders on subjects such as marketing, strategy and branding. Entrants of the programme will also receive training and discounts on office rates.Read more >>
Business experts have said that companies should consider training to “reduce wage inequality”.
The national living wage is set to increase to £7.20 an hour from April, but research from the Social Market Foundation has found that one in four businesses will face “significant productivity challenges” as a result of the change.Read more >>