News

Half of UK businesses missed financial targets amid economic uncertainty

As the economic downturn becomes more severe and a recession looms, inaccurate financial projections will put businesses at risk more than ever. A new survey conducted by Gong, finds that 44% of UK businesses missed their earning targets at some point this year, with almost half (49%) confirming they missed their target in the first quarter of this year.

Tesla’s Q4 market cap loss tops its 10 EV competitors’ cumulative market worth

United States-based electronic vehicle (EV) manufacturer Tesla is undergoing a turbulent moment recording a sharp decline in market capitalisation.

CTAs Green Grant Contributes $100K to Nevada Recipients Focused on Sustainability

The Consumer Technology Association (CTA) announced the recipients of its CES 2023 Green Grant program, providing funding of $100K to three Nevada organizations focused on sustainability, including solar charging, student STEM gardens and a statewide tree planting program. CTA owns and produces CES 2023, which returns to Las Vegas January 5-8 to showcase technology that will help to solve global challenges through innovation and collaboration.

2023 tech & business predictions from Will Hale, monday.com

What will your 2023 have in store? Will Hale, Northern European Leader at monday.com shares his technology and business predictions to kick off the year.

Getting organised in the workplace for 2023

The team at Craft, the company building the future of documents, have revealed their expert advice and recommendations to help you get ultra-organised in the workplace, and achieve your career goals in 2023.

EU businesses fined over €830m for GDPR violations in 2022, Meta paid over 80%

The latest data analysed by Atlas VPN reveals that as of December 2022, companies paid a total of €2.83 billion in 1,401 cases for violating various data protection laws.

WePower launches & demos Gemns EHG product line at CES 2023

WePower, a kinetic energy harvesting startup providing scalable and sustainable power solutions for wireless IoT sensors, transmitters, and related devices, introduces their Gemns Energy Harvesting Generator (EHG) product line.

British entrepreneur awarded MBE in New Years Honours List

Awarded an MBE in the 2023 New Years Honours List for services to female entrepreneurship, Alison Cork has been a role model and champion for women in enterprise for over 35 years.

2023 predictions for the insurance industry

Roi Amir, CEO of insurtech Sprout.ai comments on some predictions for the insurance industry and technology innovators.

Mental health support vital during December, says RedArc

Employers will be doing their employees a disservice this December if they fail to provide information about what mental health support is available within their employee benefits, says RedArc.

UK LABOUR MARKET REMAINS RESILIENT HEADING INTO 2023 DESPITE ECONOMIC DOWNTURN

The UK economy is facing challenges ahead, but the labour market doesn’t paint a picture of doom and gloom, with new analysis from global hiring platform, Indeed, indicating continued resilience.

What new flexible working rights mean for UK businesses and employees

This month, the UK Government announced their plans to promote flexible working by giving employees the right to ask for part-time hours or home-working arrangements from the first day of a new job.

 

LumiShare secures $3.2M led by His Highness MBA Al Nahyan

LumiShare, a blockchain-based digital asset management ecosystem, previously known as IllumiShare, raises $3.2 million led by His Highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan from the Abu Dhabi royal family in the early stages of its Abu-Dhabi-licensed $SRG token presale.

Step 2023 launches 11th Edition in partnership with Dubai Internet City

Step Conference, the leading technology festival for emerging markets, launches its 11th Edition to be held on 22-23 February 2023 in partnership with Dubai Internet City, the Middle East’s largest technology hub and a member of TECOM Group PJSC.

To drink, or not to drink at your office party? Peer pressure felt by over half of young UK workers

Over half (52%) of Gen Z and Millennial (18-34) workers have felt pressure to drink alcohol at work-related social events, while a quarter (25%) of 25-34-year-olds report having felt pressure to drink despite not normally drinking at all.

CES to Host U.S. Energy Secretary Jennifer M. Granholm, Record Number of Members of Congress

Today (14th December), the Consumer Technology Association (CTA)® is announcing it will host U.S. Department of Energy Secretary Jennifer M. Granholm at the upcoming CES® 2023, the world’s most influential tech event. On Friday, January 6 at 3:15 p.m. PST, Secretary Granholm will speak about the Biden-Harris Administration’s plans to increase access to and use of energy efficiency tools.

Scottish sustainability pioneer named country’s best entrepreneur

A Scottish sustainable packaging pioneer has clinched the EY Entrepreneur Of The Year 2022, UK Transformational Leader title.

Nearly half of UK businesses missed a 2022 financial target amid economic uncertainty

As the economic downturn becomes more severe and a recession looms, inaccurate financial projections will put businesses at risk more than ever.

Insolvencies could cause shockwaves through the small business community

Following news that insolvencies have increased by a fifth year-on-year in November 2022, small businesses finance expert, Lee Murphy, managing director at The Accountancy Partnership, is warning entrepreneurs to keep a close eye on their cashflow as they head into the new year.

How to disconnect from work and enjoy your downtime

Whether it’s been a busy time at work, or you just feel mentally exhausted from social events this year, it’s never been more important to give yourself a much-needed Christmas break. While the week between Christmas and New Year is supposed to be a time to relax and unwind, for many, it can be difficult to unplug from work.