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.
Is the art of public speaking your ‘golden ticket’ to business success? January 20, 2024 Starting his first business in 1998 with a £10,000 loan — which he initially planned to use for a car — Harrington has since spent much of his career helping other entrepreneurs grow their business.
Succession planning: UK family firms stick to generational commitment January 19, 2024 An Investec study, shared exclusively with City A.M., shows that nine out of 10 of the family businesses surveyed have "robust" succession plans in place for the next generations, with one in three being "open" to the idea of selling.
SME business activity returns to growth, but priorities are changing January 18, 2024 Business activity for UK small and medium enterprises (SMEs) has reached its highest since May of last year, the latest data shows, but one particular challenge remains clear.
Cynergy Bank chief urges struggling SMEs to ‘de-risk’ current accounts January 18, 2024 The boss of challenger Cynergy Bank has said small firms are letting too much money languish in no-interest current accounts, as it launches a new offering that puts it in more direct competition with Britain’s major lenders. Chief executive Nick Fahy told City A.M. that small and medium-sized enterprises (SMEs) are increasingly struggling to afford [...]
Current VAT threshold poses threat to small business growth, FSB warns January 16, 2024 The Federation of Small Businesses (FSB) said today that an increase from £85,000 to £100,000 would be "key" to unleashing those who may be stuck in "economic firepower".
Why Gen Z is avoiding the corporate ladder and what ‘tough questions’ it poses for business January 16, 2024 Generation Z is beginning to shrug off the corporate ladder climb, new research suggests, while some experts believe the UK entrepreneurial landscape – and the workplace – could be changing. An analysis of Companies House data by accounting firm Hazlewoods showed the number of Gen Z directors of UK companies jumped 42 per cent in [...]