Business News

Ofcom: We are a nation of ‘multi-media multi-taskers’

Increasing demand for smartphones and tablets has created a nation of media multi-taskers, according to Ofcom’s latest research, which has brought the 1950s living room into the 21st Century. Ofcom’s Communications Market Report 2013 reveals that the number of people coming together to watch the main household TV set has risen over the last decade…

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Small business lending reaches two year high

Small business lending is showing sign of recovery as they have reached a two year high, according to the latest Bank of England figures. The figures show that lending to small businesses rose by £238m between May and June of this year, the biggest rise since 2011. Since 2009 lending to both small and large…

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Number of women owning websites grows as gender gaps closes

The gender gap in website ownership is closing as the number of women registering domain names has risen by 9 per cent, according to a study released this week. Domain registrar 123-reg polled 7,000 of its customers and found that over 27 per cent of its customers are women showing an increase in the figures…

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Large companies encouraged to follow in footsteps of small business

Big business is being encouraged to adopt the entrepreneurial spirit of startups and SMEs in the aim of boosting the UK’s economic growth. In a recent study carried about by the Chartered Institute of Personnel and Development has found that encouraging a culture of ‘intrapreneurialism’ could help bigger business to follow the same innovation and…

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Taking payments are made easier for Yorkshire SMEs

Yorkshire-based SMEs will soon be able to accept more efficient payments as a new technology, GoCardless, is launched this week. The new online tool will enable SMEs to collect Direct Debits quickly and cost effectively, helping businesses to process payments a lot easier than they currently do. GoCardless is a technology start-up by three graduates,…

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Remote working trend continues to grow amongst small businesses

Half of all employees now work out of the office at least once a week and more than one in four choose to work out of the office every day, new research has found. Being able to work remotely has been boosted by faster broadband speeds and better IT infrastructure, which enable employees and business…

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RBS promises to boost its lending to small businesses

SMEs have been promised more financial support as pressure builds on Royal Bank of Scotland to offer more credit. The taxpayer-owned bank is now writing to 100,000 small and medium-sized businesses across the UK to offer more funding. The move comes after Chancellor George Osborne demanded RBS did more to support the economy last week.…

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Small businesses are happy and positive about the months ahead

Ninety three percent of small businesses in the UK are ‘quite’ or ‘very’ happy despite the current economic climate, according to the American Express Small Business Barometer. Citing motivations such as ‘being the master of my own destiny’, ‘doing something I like or believe in’ and ‘reaping the financial benefits of my own efforts’, small…

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Small business confidence reaches highest point in three years

Business confidence is said to be at a three year high according to The Small Business Index, a measure of confidence released by the Federation of Small Businesses. The measure reached 15.9 points in the second quarter of the year, which is up 9.6 points compared to the first quarter of 2013 and is the…

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Time is a business’ most valuable asset

We’ve all either used or heard the term ‘so little time, so much to do’ before. It’s especially true within small businesses, no matter whether they’re just starting up or they’ve been trading for years. With the recent economic difficulties, businesses and their employees are having to work harder and longer to ensure that their…

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