Features
Startups are the backbone of innovation in the UK, driving economic growth and job creation. From tech disruptors to social enterprises, these ventures inject vitality and diversity into our business landscape – so must be robustly supported. Yet startups are grappling with a widespread problem that exposes them to significant financial risk: underinsurance.
Strategy gets a bad rap, and in many cases, it’s self-inflicted and has earned that reputation. You may have had your fingers burnt, wasted money on it, or just have perceptions of it being a misdirection of your precious resources, completely impractical or unrealistic due to the realities of a fledgling business.
The job market is difficult to crack, and this is especially true for the technology industry. A challenging economic climate has led to reduced funding and investment for startups and major tech companies. Consequently, layoffs, restructuring, and company closures have become common, leaving many skilled individuals at various levels seeking reemployment.
The UN General Assembly recently adopted a landmark resolution on the promotion of “safe, secure and trustworthy” artificial intelligence (AI) systems that will also benefit sustainable development for all. The resolution, backed by more than 120 Member States, highlighted the “respect, protection and promotion of human rights” in the design, development, deployment and use of AI.
With 60% of startups in the UK failing in the first three years and almost three-quarters of small business owners experiencing cash flow issues, it’s not surprising to learn that almost two-thirds (65%) of small business owners wish they had known more about accountancy before starting their business.
With Gen Z set to constitute around a third of the world’s workforce by 2025, it’s fundamental that employers listen to their needs and create an environment where they can thrive. According to a Deloitte survey, Gen Z are uniquely motivated by environmental and social issues and make career decisions based on their values.













