Employers insuring group income protection state benefits need to be ready for upcoming changes to state provision, according to Aon Employee Benefits. As part of the government’s continuing programme of welfare reform, the budget in July 2015 announced a significant reduction to the state benefit paid to a certain group of ill or disabled claimants,
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British businesses fear they will face digital disruption by 2018
by Owen Gough • • 0 Comments
Half of all UK business leaders (50 per cent) fear that their industries face significant digital disruption within the next two years, according to new research. The Microsoft report, the most extensive of its kind to date, finds that whilst disruption is imminent for a wide range of industries, the shelf life of current business
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Andy Murray serves up ace backing for British entrepreneurs
by Owen Gough • • 0 Comments
Through the crowdfunding platform Seedrs, Murray has backed two British tech companies, Perkbox and WeSwap, investing undisclosed amounts into each. Perkbox, a UK perks and benefits scheme, has surpassed its £1.5 million target on Seedrs and is currently overfunding by 270 per cent with more than £4 million raised through 230 investors in just four days. Murray joins
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Four in five shun healthy eating, admitting to lunchtime shockers
by Owen Gough • • 0 Comments
Despite regular warnings from doctors, four in five adults fail to eat the recommended five portions of fruit and vegetables each day, according to research conducted by the National Charity Partnership. Many blame the cost of healthy food and the time needed to prepare it, finds the study of 2,000 people. The effects on health remain
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Private investments in SMEs increase through EIS scheme
by Owen Gough • • 0 Comments
Small businesses received a record £1.8 billion from private investments through the government EIS scheme in the last year, up 14 per cent from £1.6 billion in the previous 12 months, finds Salisbury House Wealth. The study reveals that the figure has increased by 76 per cent in just two years – up from £1 billion in 2012/13.
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Business insolvencies on the rise, study finds
by Ben Lobel • • 0 Comments
This suggests that the financial ramifications of the Brexit vote are already beginning to hit home and businesses should prepare for the fact that there could be worse to come, according to Simon Underwood, partner and business recovery specialist at Menzies. ‘Crucially, the 5.5 per cent rise in creditors’ voluntary liquidations is a sign that
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Young professionals blocked from starting a business
by Owen Gough • • 0 Comments
Almost a third of 18-24 year olds have started or are considering starting a business and young professionals are three times as likely to write a business plan than any other age group, new research reveals today. However, the study by the New Entrepreneurs Foundation finds that 50 per cent of these young professionals are stumbling to get
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Brexit uncertainty remains a concern for freelancers
by Owen Gough • • 0 Comments
Brexit has had a significant impact on the confidence levels of the UK’s 1.91 million freelancers, according to a national survey conducted by IPSE, the Association of Independent Professionals and the Self Employed, and Upwork, a freelancing website. Four in ten (42 per cent) freelancers report that the outcome of the EU referendum affected their business performance
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Fragrance in stores is a key consideration for consumers
by Owen Gough • • 0 Comments
Consumers consider a store’s fragrance a more important factor in convincing them to shop there than good customer service, according to a new study. The research, conducted by market research company, ICM and Ambius, finds that more than half of consumers love their favourite stores due to its ambience – placing multi-sensory cues such as design, fragrance, lighting and music
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Bad day at work causes accidents on UK roads, study finds
by Owen Gough • • 0 Comments
The stress of having a long, bad day at work could increase your chances of an accident on the road, according to research conducted by Confused.com. The study reveals that 13.7 million motorists admit to driving home after a bad day at work, with some experiencing feelings of anger, stress and exhaustion. More than half of drivers (51
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