Hot Business News Today
Graduates choosing to go it alone rather than become employees
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The number of graduates choosing to work for themselves after university, as opposed to becoming employees, has nearly doubled in the past year, a study finds.
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Consumers show loyalty to small businesses over corporates
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More than two fifths of UK consumers ‘shop local’, showing loyalty to three or more small businesses in their local area rather than spending online or with large corporates, research finds.
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New banking standards body to be set up
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A new watchdog seeking to uphold standards in banking is to be launched later this year.
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Positive response for minimum wage hike proposals
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Business commentators have reacted favourably to Ed Milliband’s claims that a Labour government would set a statutory minimum wage target linked to average earnings.
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New website monitoring performance of banks is launched
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A pioneering website looking at how well the UK’s small and medium-sized enterprises are being served by banks has gone live.
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Sole traders risk loneliness in their quest for fulfilment
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Working for yourself is better for your wellbeing and relationships, but can lead to loneliness if you don’t get the balance right, research finds.
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Small company owners believe luck is not a big factor in business
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Business owners have poured cold water on the notion that you need to be lucky in order to be successful, research finds.
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Negative online content a big concern for small businesses
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Bad reviews, malicious posts and negative social media comments are costing British companies an average of £46,815 each, finds research.
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Spiralling fraud costs small businesses dearly
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Small and medium-sized enterprises are losing £22 billion every year to fraudulent transactions, according to new research.