Results from the latest Zurich SME Risk Index reveal almost one in six (16 per cent) SMEs have fallen victim to a cyber-attack in the last 12 months, equating to more than 875,000 nationwide. Businesses in London are the worst affected, with almost a quarter (23 per cent) reporting they have suffered a breach within this period.
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Contactless payments to save UK shoppers almost £1 billion of their time
by Owen Gough • • 0 Comments
Ahead of the tenth anniversary of contactless payments next month, Barclaycard’s data predicts that the number of contactless transactions will increase by 317 per cent in the next four years. With proprietary data showing that ‘touch and go’ is seven seconds quicker per transaction compared to Chip and PIN and 15 seconds faster compared to
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Entrepreneurs resilient but cracks in confidence are beginning to show
by Owen Gough • • 0 Comments
Nearly four out five (78 per cent) entrepreneurs are predicting growth over the next 12 months according to the latest Enterprise Index research by Smith & Williamson, the accountancy, investment management and tax group. However, the Enterprise Index, a quarterly barometer testing the views of nearly 200 business leaders and entrepreneurs, reveals that expectations for the
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UK workers crying out for a four-day working week
by Owen Gough • • 0 Comments
Productivity levels in offices across the UK have fallen dramatically, with one in three (31 per cent) office workers admitting they are unproductive for a huge two hours every day. The report, commissioned by office products firm Fellowes, found that 61 per cent of office workers are calling for a four-day week. It was also reveals that 40 per
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Most Brits would use the high street more if free parking was offered
by Owen Gough • • 0 Comments
Nine in ten Brits would visit high streets more often if free parking was offered, according to new research from XLN. XLN discovers that a third (32 per cent) of respondents picked expensive parking and the lack of free parking as their biggest high street frustrations. Referring to research conducted by BRC and KPMG, Diane Wehrle, marketing and
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SMEs in the dark about government’s regional industrial strategy
by Owen Gough • • 0 Comments
Government plans to stimulate the economy through regional initiatives, such as the Northern Powerhouse and Midlands Engine strategy are failing to make an impact on UK SMEs, according to the latest SME Confidence Tracker from business funder, Bibby Financial Services (BFS). According to data for Q2, the majority of UK SMEs (66 per cent) are unaware
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Female gamers to spend £1bn on video games in the next year
by Owen Gough • • 0 Comments
Female gamers are the hidden gem in the UK video gaming crown, according to research from Barclays Corporate Banking’s UK Video Gamers Trends Survey. British women look set to spend £1.1 billion on video games and their accessories over the next 12 months – a third of the total £3.5 billion projected spend for British
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Don’t sacrifice profits for higher ethical standards, say workers
by Owen Gough • • 0 Comments
Nearly half (47 per cent) of UK workers believe companies can achieve higher environmental, social and governance (ESG) standards without sacrificing profitability, according to new research. Another one in eight (12 per cent) say profits should be impacted if necessary to raise such standards but a quarter (24 per cent) say they would be unwilling to accept sacrificing
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Absenteeism is hitting UK SMEs where it hurts
by Owen Gough • • 0 Comments
Absenteeism is having a big impact on profitability say UK small and medium enterprises (SMEs). This is according to 71 per cent of firms questioned in a survey commissioned by HR and payroll specialist Moorepay. The research finds many UK SMEs are experiencing higher than average absenteeism in their business. According to the Office for
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Council tax, train tickets and rent voted worst value in the UK
by Owen Gough • • 0 Comments
New research from Make It Cheaper looks to find out just how much the UK’s pay squeeze is affecting the nation. As the average UK pay rises fall further behind the rate of inflation, households’ disposable incomes are decreasing as more money is spent on the same amount of goods and services for less value. New
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