When it comes to recruitment, these SMEs are also pushing back plans to increase their total number of employees in the next 12 months and a growing number concede they will not be growing headcount in the next year. This is up from 36 per cent to 43 per cent in the last quarter. As
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Why a hard Brexit is much worse for the UK than the rest of Europe
by Owen Gough • • 0 Comments
A hard Brexit could cost the UK’s automotive, technology, healthcare and consumer goods sectors a total of almost £17 billion per year in lost EU export revenues, according to ‘the realities of trade after Brexit’. The report, launched today by global law firm Baker McKenzie, covers four sectors that account for 42 per cent of
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Brexit will make the pursuit of productivity an imperative for Britain’s businesses
by Ben Lobel • • 0 Comments
It’s a conundrum that has long undermined Britain’s reputation as a creative and innovative economic force, puzzling policy-makers, economists, and business people alike. And with the uncertainties of Brexit curbing business’s appetite for investment and consumers’ desire to splash out, it’s set to become one of the central issues for surviving and thriving in the
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Practical steps towards Brexit for businesses
by Owen Gough • • 0 Comments
As a UK subsidiary of an international group supplying thousands of businesses across the UK, we often touch on Brexit as a topic when talking to business executives, and we are often asked in turn if Brexit is going to affect our business. In the current climate, Brexit is on the tip of everyone’s tongues
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SMEs see Brexit as an opportunity, as trade rises
by Owen Gough • • 0 Comments
Small UK businesses are bullish about international trade, and have been taking advantage of the weak pound to increase overseas sales since the EU referendum, according to data released today. A survey of small businesses commissioned by international payments company OFX reveals, while inflation is beginning to bite at home, entrepreneurial SMEs are shifting their
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UK investors rally behind post-Brexit business
by Owen Gough • • 0 Comments
New research from peer-to-peer share trading platform Asset Match reveals UK investors are backing the nation’s thriving community of SMEs, confident in their ability to benefit from the opportunities arising from Brexit. However, despite the positive long-term outlook for the private sector, investors have demonstrated dwindling levels of confidence and faith in Theresa May’s minority
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SME savings suffer following Brexit vote
by Owen Gough • • 0 Comments
Small and medium sized enterprises (SMEs) are saving 20 per cent less than in the run up to the EU Referendum in 2016, with the average savings now standing at £446,000, according to new research from bank Hampshire Trust Bank. The annual study shows that current accounts are also impacted with the average balance standing at
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Brexit talks begin, with citizens’ rights top of the agenda for HR
by Owen Gough • • 0 Comments
Brexit negotiations are finally underway, beginning one year to the week after the UK voted to leave the European Union. David Davis and Michel Barnier were placatory in their press conference on Monday, having agreed terms of reference and a schedule for the talks. Employers hope that the status of their EU staff can be
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UK SMEs optimistic about post Brexit futures
by Owen Gough • • 0 Comments
The DAS UK Group, which contains a specialist legal expenses insurer and law firm, has released the findings of its SME Market Barometer. With the issue of Brexit at the forefront of business owners’ minds as the government begins Brexit negotiations, the survey examined their attitudes and hopes post Brexit and found that SMEs are
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EU referendum one year on: SMEs divided on chance of Brexit success
by Owen Gough • • 0 Comments
With the one year anniversary of Britain’s historic decision to leave the EU upon us this week, owners of small and medium-sized businesses (SMEs) in the UK have shared their views on the current and future impact of Brexit on their business, in new research published by AAT (Association of Accounting Technicians). Small business owners
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