Fifty percent of people currently employed are planning on looking for a new job after COVID-19, according to new research released from Hooray Health & Protection. Nearly a quarter (24%) of employees questioned said they were somewhat likely to seek a new job, 13% said they were very likely and twelve percent were pretty positive when they said they were extremely likely to look for a new job post COVID-19.  

New research from Professor Feng Li, Chair of Information Management at City’s Business School has outlined three new approaches that digital innovators can take to reduce the risk of failure and seize competitive advantage in the industry.

University of Bristol led technology incubator, SETsquared Bristol, is re-launching its Breakthrough Bursary for the second year, continuing its commitment to promote inclusion and equal opportunities in tech. 

The banking platform that consolidates multiple cards and accounts into one smart card and app, Curve has announced it has partnered with Onfido, the global identity verification and authentication company, to speed up, simplify, and unify its Digital Identity and Know Your Customer (KYC) processes.

The saving and investing app, Moneybox has raised £4m in just four hours on Crowdcube, the investment crowdfunding platform - smashing the 2020 record for largest number of investors in a single campaign. Over 10,000 investors have taken part in the fundraise so far, which saw Moneybox reach its original target of £1,000,000 in just 20 minutes.

New analysis from Xero, the global small business platform, and AlphaBeta (part of Accenture), have revealed trends relating to the recovery of the UK’s small business economy following the impact of COVID-19, showing tentative improvements in revenue and payment times.

Sure Valley Ventures, the venture capital firm that invests in early stage software companies, has announced that it has led a new €1.5m investment round for Volograms. Atlantic Bridge University Fund and Enterprise Ireland have also made follow-on investments as part of this round.

The Coronavirus lockdown has had a huge impact on Britain’s workforce, resulting a the majority of the working population finding themselves homebound, either working from home or furloughed. It was recently reported that 7 in 10 UK businesses have furloughed staff, resulting in millions of people across the country stuck at home with nothing but time on their hands.

AIWAYS, the Shanghai-based personal mobility provider, has arrived in Europe following delivery of the first batch of U5 all-electric SUVs in Corsica. The cars join the rental fleet at Hertz Corsica, operated by local company Filippi Auto, and are now available for residents and tourists to rent.

Global small business platform, Xero has announced it will host a free to watch content series called Xero On Air in September, designed to connect, inspire and share information with its accountant and bookkeeper partners and small business customers around the world.

Online learning platform, Coursera has partnered with Digital Boost UK, a partnership with BCG Digital Ventures and Founders4Schools, to offer organisations and charities affected by the pandemic access to digital skills. The partnership is made possible by Coursera’s Workforce Recovery Initiative, where any state and country can provide unemployed workers with free access to online learning.

The Government has now confirmed that the Small Business Grants Fund (SBGF), the Retail, Hospitality and Leisure Grants Fund (RHLGF) and the Discretionary Grant Fund allocated to Local Authorities to pay businesses suffering from the impact of COVID-19 should close by Friday 28th August 2020.

With the furlough scheme drawing to a close in October, a surge in unemployment is on the cards. Only a third of businesses said that they would definitely retain all of their furloughed staff, while nearly one in five (18%) indicated that they would not be doing so.

New research from Superscript, the British business insurance challenger which recently re-branded from Digital Risks, has revealed the true extent to which UK SMEs have been affected by COVID-19.

A new digital platform is empowering utilities field teams and managers to make data-driven decisions in real time, leading to greater safety, productivity and quality assurance.

It was recently reported by manufacturer lobby group, Make UL and Santander UK that the effects from COVID-19 could cost the sector a potential £35.7bn in Gross Added Value this year alone, as output has fallen to an all-time low-leading to implications that the UK’s manufacturing growth will suffer from these effects until 2022.

REACH has opened applications for the inaugural class from its newest region, REACH UK. The technology scale up programme was created by Second Century Ventures, the strategic investment arm of the National Association of Realtors®.

Online multimedia sales acceleration platform, Crikle has announced full availability of its browser-based application set to transform the guided selling experience in the age of distance selling. Crikle offers a secure online sales consultation and conversion platform that organisations can white label to deliver an optimised, branded digital buying and selling experience for clients.

Provider of smart technology solutions for the manufacturing industry, ThingTrax has announced the close of a $1m seed round led by SuperSeed, investing alongside industrial specialist Sumaria.

Blenheim Chalcot, the UK-based digital venture builder, and Imperial College London welcomed its first business members to Scale Space on Imperial’s White City campus this week. This new 200,000ft2 facility, will be home to scale ups and innovative businesses across the technology, digital and life-sciences sectors.