One in five millennials’ spending habits are more likely to be positively influenced after watching a video advert, a new report finds. The research, conducted by Groundbreak Productions, which surveyed 1,000 consumers in the UK, also reveals the kinds of video adverts that will influence spending habits. 42 per cent of consumers like video adverts that
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Crowdcube calls for unified reporting on crowdfunded businesses
by Owen Gough • • 0 Comments
Following reports from AltFi into the status of businesses that have raised finance using equity crowdfunding in the UK, Crowdcube co-founder Luke Lang calls for the industry to back recommendations for a common set of rules and principles for measuring the performance of crowdfunded businesses. ‘As the crowdfunding industry matures, we need a unified approach
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The state of the UK car industry after Brexit
by Ben Lobel • • 0 Comments
Evidence suggests that jobs and investment in the British car industry are at risk following the Brexit vote. The EU is the biggest market for the 1.9 million cars that rolled off production lines at UK factories in the first nine months of the year, and about 78 per cent of the cars built in
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SMEs struggle to secure finance as advice gap emerges
by Owen Gough • • 0 Comments
Only a fifth (19 per cent) of SMEs say banks’ advice always meets their needs, highlighting an advice gap of many lenders to cater for SMEs’ individual circumstances, according to a new report by Close Brothers Group. Close Brothers surveyed over 1,000 SMEs owners about the changing needs throughout their growth stages, showing that the
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UK SMEs facing volatile currency risk after US election
by Owen Gough • • 0 Comments
UK SMEs are failing to protect themselves from the uncertainty of the US presidential election leaving them exposed to a £34.6 billion currency risk, according to World First’s Q3 2016 Global Trade Barometer. Businesses buying US dollars have shortened the length of their forward contracts significantly, dropping from an average of 90 working days per
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Private sector growth expected to continue at healthy pace next quarter
by Owen Gough • • 0 Comments
UK private sector growth picked up in the three months to October (+8 per cent) following broadly flat output in September (+3 per cent), and the economy is expected to continue growing at a healthy pace in the coming quarter, according to the latest CBI Growth Indicator. The surveys of 764 respondents shows that sector
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Construction industry ignoring billions in tax rebates
by Owen Gough • • 0 Comments
A lack of awareness about what counts as research & development in the construction industry means companies are missing out on millions of pounds in tax rebates. The R&D Tax Credit Scheme is a government incentive designed to encourage innovation in UK industries, with claims via the scheme totalling nearly £2.5 billion last year. However,
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High street shoppers want protection for British retailers
by Owen Gough • • 0 Comments
The enduring role of the British retail shops prevails as two-thirds of high street shoppers still preferring to view valuable products in person before buying, according to new research by Barclays. As the retail sector prepares for the impact of Brexit, The Barclays New Retail Reality report uncovers a desire for a new form of high street that
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Emerging trust vacuum may explain Trump phenomenon
by Owen Gough • • 0 Comments
Consumers complain of a trust vacuum in business organisations and institutions including the media and politicians – with older people now among the most disaffected, according to a report commissioned by the Academy of Executive Coaching (AoEC). The AoEC is launching an initiative today designed to build a new generation of trusted leaders based on
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Undelivered cards estimated to total almost £750,000
by Owen Gough • • 0 Comments
In preparation for Christmas, a new study reveals that 30 per cent of people have missed delivery of parcels at Christmas and 15 per cent have sent Christmas cards that have never arrived, with costs for Christmas 2016 estimated to total nearly £750,000 in undelivered cards alone. The team at Data Label surveyed 1008 people over the
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