A leading high street bank has announced the introduction of a business account specifically designed for people of the Muslim faith. The new Islamic Business and Corporate account from Lloyds TSB will be available to the estimated 100,000 UK-based Muslim businesses.A major feature of the new account is that it complies with Islamic Shariah law, […]
Posted on 4th April 2007 in City News.
A local council in the south-east has set up an advisory scheme for current and prospective entrepreneurs, yourlocalguardian.co.uk reports. Coordinated by Sutton council, smartbiz@sutton is set to take place on Saturday 21st April and will offer free advice and information for small businesses. The day will include seminars on business development, starting up and recruitment, […]
Posted on 3rd April 2007 in General business.
The popularity of broadband among SMEs has soared in the last six years, according to new research.Ofcom, the industry regulator, has suggested that the number of connections has increased fifteen fold since 2001 from 300,000 residential and business users to 13 million users. Local loop unbundling (LLU) – the process which allows multiple telecommunications operators […]
Posted on 3rd April 2007 in Tech.
Small companies based in the UK are not taking on board the need to adopt policies of ethnic diversity, according to new research. The Contribution of Ethnic Minorities to SMEs report from the Policy Research Institute on Ageing and Ethnicity (PRIAE) has found that more than three-quarters of SMEs have a workforce which contains less […]
Posted on 3rd April 2007 in Regional News.
The achievements of a sports nutrition brand have been celebrated at a new awards ceremony for small and medium-sized businesses, growingbusiness.co.uk reports. Maximuscle suitably impressed judges through its market share and growth rate and won three awards: the T Mobile Fast Growth Business of the Year, Angel or VC-backed Business of the Year and Product […]
Posted on 2nd April 2007 in General business.
UK-based businesses are not doing enough to tackle work-place related age discrimination, according to a new survey. Research from Acas, the employment relations firm, has revealed that just eight per cent of firms have expressed concern over the discrimination laws which were enforced in October 2006Moreover, only 17 per cent of those questioned said they […]
Posted on 31st March 2007 in Regional News.
Working mothers in the UK feel that employers do not understand how to behave towards pregnant staff.A survey conducted by the Equal Opportunities Commission (EOC) in partnership with Netmums has found that one in six mums said they were not treated properly by their employer while pregnant.The two-year research project also revealed that one in […]
Posted on 31st March 2007 in Regional News.
Small businesses will find it easier to lease shops and offices thanks to a new code of practice announced today. The Code for Leasing Business Premises has been improved by the government to create a new framework which puts landlords and tenants in a "partnership relationship". SMEs will find it much easier to see what […]
Posted on 30th March 2007 in General business.
The recruitment of new staff is perceived as the biggest challenge for business by UK-based firms – and being eco-friendly is not a great concern.Shirlaws, the international business coaching organisation, has released research which shows that the challenges facing businesses in the next five years do not include tackling environmental issues. Just 6.6 per cent […]
Posted on 30th March 2007 in Regional News.
The use of internet phone calls among small and medium-sized enterprises (SMEs) will increase by almost 25 per cent by this time next year. Research commissioned by BT Business has shown that Voice over Internet Protocol (VoIP) will be adopted by 48 per cent of SMEs – rising from the current figure of 25 per […]
Posted on 29th March 2007 in Tech.
The vast majority of British entrepreneurs are motivated by a sense of personal achievement.Research by MasterCard Global Commercial Products has shown that 95 per cent of small business owners feel encouraged to "go it alone" by the prospect of controlling their own future and achieving self-fulfilment.And in the week that has seen the launch of […]
Posted on 29th March 2007 in General business.
The extension of a VAT scheme designed to increase "cashflow in small firms" will come into operation this Sunday. Changes to the Cash Accounting Scheme (CAS) will mean that small and medium-sized enterprises (SMEs) will no longer have to pay off VAT when they issue and receive invoices and will instead be able to wait […]
Posted on 29th March 2007 in City News.