It’s time: diversity must drive innovation within our regions and our organisations January 17, 2022 With the Government’s eagerly awaited levelling up strategy due to be published later this month, the term itself has become a buzzword. A recent YouGov poll found more than half of people did not understand what levelling up means in practice. If the UK is to retain its position as an economic powerhouse, it is [...]
UK registers record of new businesses following “the great resignation” January 17, 2022 The UK has registered a record high of new businesses following the Covid-induced “great resignation.” According to data from accountancy firm Hazlewoods, in the last 12 months 319,000 news businesses were created, most of them e-retailers or delivery firms. The number of retailers in Britain has jumped 15 per cent, from 295,000 to 339,000 while [...]
A timely payday is the only way to protect our small businesses and freelancers January 17, 2022 In 2022, we’re facing the loss of 440,000 small firms and of the talent that could drive future prosperity because of poor payment practices. Paying quickly pays everyone. It’s folly to pay late or to inflict extended payment terms on suppliers. It’s theft not to pay at all. We need to revolutionise business-to-business payments. The [...]
Brits shrug off cost of living squeeze and rush to snap up homes January 17, 2022 Brits are shrugging off the cost of living crisis and higher mortgage costs and are rushing to snap up homes, reveals a new study published today. A housing market frenzy in 2021 triggered by the pandemic engineering a mass shift in housing preferences and the stamp duty holiday has bled into the new year. The [...]
Millions of Brits to be plunged into ‘fuel stress’ as experts downgrade UK economic forecasts January 17, 2022 Millions of Brits are set to be plunged into fuel stress when the energy watchdog hoists the cap on bills, reveals a new study published today. The number of households languishing in fuel stress will treble overnight to 6.3m when the new energy price cap takes effect on April 1, research carried out by the [...]
Square Mile defies downbeat post-Brexit worker exodus forecasts January 17, 2022 The City is smashing downbeat forecasts that Brexit would ignite a mass exodus of workers from the Square Mile to the Continent, reveals a fresh study released today. London’s top banks, brokers and fund managers are launching a recruitment offensive as the spectre of the pandemic over the capital recedes. In the final three months [...]
Best and the brightest welcome? Home Office tells Canary Wharf couple to move to China January 17, 2022 The Home Office has told a British Canary Wharf computer expert that he should move to China and live with his PhD-studying girlfriend’s family in Shanghai, after rejecting her visa application. Robert Evans, 30, from Aberdeen met his girlfriend, Lisa Li, 31, from Shanghai, whilst studying for a master’s degree in computer science in the [...]
Employees taking bosses to court over flexi-work requests jumps over 50 per cent January 17, 2022 An increasing number of employees have begun taking their bosses to court after refusing flexible working requests, according to new research today. Employment tribunal decisions on a mixture of remote and office-based working have jumped more than 50 per cent in the past year to 193, employment law firm GQ Littler has found. Some 127 [...]
BGF invests record £165m into London and South East firms January 17, 2022 BGF pumped a record £165m into London and the South East in last year, new figures from the firm have revealed.
Exclusive: Kalifa calls on pension funds to fill fintech growth funding cap January 17, 2022 The author of a major review of UK fintech has called on pension funds to back British entrepreneurs and fill a major growth funding gap in the sector.