With failure came great success, says Carmoola founder and CEO January 30, 2024 Aidan Rushby can still remember the guilt he felt the day he told investors he was no longer in it for the long run. Carefully drafting a letter to shareholders, he recalled telling himself: “You have to be honest.” Now proud co-founder and chief executive of the used car finance mobile app, Carmoola, Rushby believes [...]
Number of SMEs ‘going green’ has doubled – but it hasn’t been easy January 29, 2024 The number of UK small and medium-sized enterprises (SMEs) that have “gone green” doubled last year, research shared exclusively with City A.M. has found, but it wasn’t an easy feat. Some 489,000 UK businesses have formally committed to reaching “sustainability” by the government’s net zero 2050 deadlines, up from 220,000 at the beginning of 2023, [...]
FSB launches new ‘game changer’ platform to tackle ongoing SME funding concerns January 26, 2024 A new wave of funding concerns has hit SMEs as the number of successful credit applications in the final quarter of 2023 slumped.
Budget-conscious Brits turn to local businesses for shopping needs January 25, 2024 As budget-conscious Brits look for ways to cut costs, alternative shopping solutions begin to shine a new light on local high streets.
Thousands of high-growth UK companies in ‘financial ill health’ January 25, 2024 Tens of thousands of UK companies are showing "distinct early signs of financial ill health" despite being predicted to grow by 20 per cent over the next year, according to a new report.
Embrace it or be left behind, says AI-driven business founder January 24, 2024 Scaling a start-up with the help of AI could be the newest trend in 2024, as small and medium enterprises (SMEs) across the UK are beginning to consider it their "gateway to growth".
What are B Corp standards and why are they about to get tougher? January 23, 2024 B Corporation standards could get tougher as B Lab Global launches its second public consultation at a “vital juncture” for purpose-led businesses. The proposed change to standards cracks down on the “flexibility” companies currently have in becoming B Corp certified, emphasising must-have criteria for a range of impact topics. A B Corp is a company [...]
Teens in AI: Delving into dynamic initiatives for the future January 23, 2024 What’s the next big thing? Entrepreneurs ask themselves that question all the time. For Elena Sinel, it’s merging the world of entrepreneurship, social impact, and the realm of AI into one – with an educational twist, of course. The Uzbekistan-born and award-winning entrepreneur founded Teens in AI in 2018, a hands-on learning experience for young [...]
More than 300 businesses to be created as Travel Counsellors launches its largest-ever recruitment drive January 22, 2024 Hundreds of entrepreneurs across the UK are being supported to launch their own companies as part of a travel group's largest-ever recruitment drive.
Small business confidence slumped in the ‘golden quarter’ of 2023 January 22, 2024 Small business confidence in 2023 "lost ground" during what is often considered the "golden quarter" of the year, a leading industry support group has announced.