The government has announced that local authorities throughout the country will be given over £300 million pounds this year as a reward for helping local businesses, including SMEs.In total, 328 local authorities will be given £316 million as part of the Local Authority Business Growth Incentive Scheme (LABGI). The scheme gives councils who have successfully […]
Posted on 28th February 2007 in Coffee Break.
Women are less likely to be appointed to the boards of SMEs compared to larger companies, according to new research.The data, gathered by Deloitte, found that only three per cent of board members of AIM companies were female. This compares to ten per cent of board members of FTSE 350 companies.While women are less well […]
Posted on 27th February 2007 in Regional News.
The cost of government red tape for businesses, including SMEs, is set to reach record levels, according to new research.Figures published by the British Chamber of Commerce (BCC) show that the cumulative cost of government regulation for all UK businesses has reached £55.6 billion since 1998.Equally, the data reveals that financial burden to businesses of […]
Posted on 27th February 2007 in City News.
Many SMEs are not taking advantage of training which could be available to train their staff, according to a new report.Research carried out by the Learning and Skills Council (LSC) suggests that 57 per cent of SMEs are not using free or low-cost training opportunities which are available at local further education (FE) institutes.Nearly half […]
Posted on 26th February 2007 in Regional News.
Small businesses are more worried about lost income and customers not paying than global issues like terrorism or climate change, according to new research.A report by Barclays Business Insurance found that nearly one in four (39.6 per cent) of SMEs were worried about lost income. Similarly, over a third (36.4 per cent) were concerned about […]
Posted on 26th February 2007 in General business.
Web-giant Google has launched a suite of software designed for SMEs to use, in a move that puts it in direct competition with Microsoft.Launched earlier this week, Google Apps offers SMEs a host of features, including email, instant messaging, website creation and a software which allows users to edit documents originally created on Microsoft Word […]
Posted on 24th February 2007 in Tech.
A new government campaign to try to encourage employees to report their bosses if they believe they are dodging tax will cause disgruntled employees to frame their employers, an industry body has said.HMRC has launched a new a series of print and radio adverts encouraging workers to ring the Tax Evasion Hotline if they believe […]
Posted on 23rd February 2007 in Open to Export.
The Conservative party has launched a new group to look at the impact of government policy on the country’s SMEs.Earlier this week, the Conservative Parliamentary Enterprise Group (CPEG) was announced by the party. It will be staffed by a mixture of MPs and peers.As well as closely scrutinising how new government policy will affect small […]
Posted on 23rd February 2007 in General business.
The UK’s SMEs are being urged to adopt employee profit share schemes to encourage staff loyalty.Mace & Jones, a law firm specialising in employment legislation, has recommended that small businesses would improve the retention of the staff if they introduced a scheme similar to the one Tesco offered its staff.The supermarket has recently announced that […]
Posted on 22nd February 2007 in Regional News.
SMEs are confused by the huge number of VoIP solutions currently available to them, according to a new report.That is the conclusion reached by Access Markets International (AMI) after it recently carried out global survey of SMEs and their attitudes towards VoIP.The report found that SMEs still think that VoIP technology is a "risky, confusing, […]
Posted on 22nd February 2007 in Tech.
Employees, including those working for SMEs, are having to take their annual holiday allocation to wait at home for deliveries and tradespeople, a new study has shown.Data published by home insurer Churchill found that over a third (35 per cent) of employees said that they had had to take paid holiday to wait for deliveries […]
Posted on 22nd February 2007 in Regional News.
Small businesses should also be acting to ensure the information on company laptops is secure, says an industry expert.After the Financial Services Authority (FSA) recently fined Nationwide after a laptop was stolen, Wick Hill, a company which specialises in secure infrastructure solutions, is advising SMEs to re-think their data protection infrastructure.According to the company, SMEs […]
Posted on 21st February 2007 in Tech.