One economic puzzle of the 2010s has been a decline in the rate of productivity growth. In previous recessions, productivity per worker climbed, while employment rates fell. In the latest downturn, productivity actually fell in the UK, and by more than employment. British recessions ain’t what they used to be.
The skills shortage in the UK is a growing concern, with it now accounting for more than one in five of all vacancies (22%), up from one in six (16%) in 2009. It is also a pressing issue in the technology sector where specialists have been in short supply. A survey from the Recruitment and Employment Confederation (REC) revealed that IT and computing in 2013 became the most in-demand skill area within the UK, moving up from second place.
The Enterprise Finance Guarantee scheme (EFG) brought in by the government in 2008 was deemed as a perfect opportunity for small business owners to secure a bank loan, even if they didn’t have the security for regular loans. However, many small businesses and entrepreneurs have found themselves with serious problems due to the scheme being misrepresented by the banks. Vince Cable last week warned the banks to make sure the Business Innovation and Skills processes were being followed and the EFG principles made clear to potential borrowers.
For many out there, creating a website is a daunting, lengthily task. The 10 steps below however, outline the key points you should be thinking about when creating a website for your business. With these tips in mind, you should be able to create a good-looking website that not only meets the demands of your consumers, but goes above and beyond their expectations.
The countdown has started to the UK’s first Small Business Saturday on December 7th with independent companies in communities around the country preparing to be in the national spotlight.
The claiming of work expenses is a legitimate way to reduce your tax bill. However, few people working at home take full advantage of the benefits as it can be such a grey and complex area. Kathleen Parker looks at some common oversights.
In the last few years, demand for remote working has soared. Snow, flooding, ash clouds and tube strikes have all underlined how remote working policies can help to keep businesses trading, even when events outside your control threaten productivity. All these factors combined outweigh initial concerns that businesses had about staff sat at home reviewing Daybreak on ITV, feet up and cuppa in hand.
Posted on 24th September 2010 in Home Business.
There are over 5 million people doing it and today a book is launched to help many more follow in their footsteps. We’re talking about ‘Working 5 to 9’ which involves holding down a day job and building a business at nights and weekends. The book’s author, Emma Jones, offers 8 steps showing how you can do the same.
Posted on 10th May 2010 in Home Business.
We hear all the time that the workforce is becoming more mobile and that people can work ‘flexibly’. But often the reality reveals some half truths and some rather botched strategies for making it happen.
Posted on 7th May 2010 in Home Business.
With flights grounded and international travel on hold, serviced office company Regus, is expecting a rush of people to its centres from where they will video-conference and tele-commute with the world. Emma Jones of Enterprise Nation offers a top ten listing of applications so you can do the same from the comfort of your home office.
Posted on 16th April 2010 in Home Business.