Of the six million UK businesses in 2022, just 32,000 (that’s just 0.01%) grew beyond 45 employees and only 8,000 businesses scaled to the point that they employed more than 250 people.
Gen Zers are set to lead the next wave of small businesses, with nearly half (49%) of under-25s saying they want to start their own business.
When is the right time for startups to invest in PR? With a Seed round secured, focus turns immediately to the most pressing priorities and how to spend wisely to move the boat faster.
Small businesses are the backbone of the UK economy, accounting for 36% of turnover in the UK private sector and half of the UK workforce. However, this backbone is experiencing a great period of economic uncertainty as both their costs have increased and customers have less to spend. This uncertainty has led to four in five small business owners struggling to plan beyond 2023. Facing such economic headwinds, small businesses should look to the power of branding as the way to continue thriving.
Stix Mindfulness, a provider of interactive wellbeing products for children, announces the results of a recent research study showing the positive impact of Stix Mindfulness Remotes on children’s mood. The study, conducted over four weeks, involved eight children and was conducted in partnership with Brunel University London.
In the past, requesting a demo or contacting the company was seen as a mainstay of B2B commerce. Today, however, modern B2B customers have shifting expectations when it comes to their purchasing journeys, and B2B websites must keep up if they want to turn traffic into leads.
Three UK universities have been awarded a share of £4.5 million to fund small and medium-sized enterprise (SME) engagement hubs as part of the Hartree National Centre for Digital Innovation (HNCDI) programme.
Swiss drone delivery company Jedsy has announced a significant collaboration with Brazilian aviation firm Helisul, poised to revolutionize goods delivery in Brazil. Helisul, known for its comprehensive range of aviation services including air taxi and cargo transportation, has committed to purchasing one glider and three mailboxes from Jedsy as the initial step in their partnership.
As a startup business, building trust, credibility and awareness is absolutely crucial and ongoing media coverage is an effective way in achieving this.
A group of independent economists that shadow the Bank of England’s Monetary Policy Committee (MPC) say a further interest rate rise is unnecessary to control inflation.
More than ever, startups are hiring college interns. But most startups have little experience training and managing interns. And most students have never worked in a professional setting, let alone a fast-paced startup environment. Result: host companies rarely educate interns properly. Only once in a while do students actually get to do anything substantial. More likely, they’re given too little to do or outright neglected. And it’s a shame. Here, Samantha Dewalt and Nicola Corzine share their insight.
Perkbox, the global rewards and benefits platform, reveals proprietary data showing the extent to which businesses have become champions of their employees’ lifestyles. With price rises fuelling the cost of living crisis, employees are increasingly relying on employer-funded rewards to enjoy the moments that matter outside of work.
Techspace has released The Scaleup Culture Report, a national report diving into the current state of workplace culture across the UK tech industry. Based on a comprehensive YouGov survey of 1,000 tech workers, the report sheds light on how companies are adapting to new working models and shares insights and learnings to help businesses.
Modern-day entrepreneurs have utilised various resources such as programmes, interviews, and podcasts to expand their empires and personal brands. With this emergence of entrepreneurs in the influencer sphere, Business Name Generator has delved into social data to find out which entrepreneurs hold the most influence online in 2023.
In the final article in our four-part series, we will pick up where we left off in part three (startups leveraging each other’s networks to drive portfolio sales) and look at how young firms buying from each other creates opportunities for closer collaborations. Over to Sam Perry, Founder of Ensemble, with contributions from Rory Sadler Co-Founder and CEO at Trumpet.
In a significant survey of companies of all sizes across the UK, Towergate Health & Protection reveals that the biggest concern for nearly half of all employers (49%) is the mental health of their employees now that remote working has become accepted practice.
The Mayor of London, Sadiq Khan, has today announced a series of new business support services to help companies in London high-growth sectors, create the jobs of tomorrow for Londoners. Delivered by the Mayor’s business growth agency, London & Partners, the ‘Grow London’ service will help London and international companies to expand their businesses and support London’s economic growth.
Say good-bye to work culture: Three quarters of professionals (71%) have stated that they would be willing to give up work socials and relationships with colleagues, in favour of a four-day working week.
Worrying misconceptions regarding support from the UK government in the event of a medical emergency are revealed in an Opinium survey of 501 UK-based business travellers, commissioned by World Travel Protection, a leading global travel risk management organisation.
Research from the Gradual Homeownership provider, Wayhome, has found that while high house prices and the initial cost of a mortgage deposit are the biggest obstacles currently facing the nation’s first-time buyers, just a quarter would be willing to consider a 100% mortgage in order to get a foot onto the property ladder.
