New research suggests that 94 per cent of small and medium-sized enterprises (SMEs) regularly gift rewards to their employees, while 34 per cent believe that they enjoy enhanced employee retention rates as a direct result of this.
The Office for National Statistics’ (ONS) first quarter figures showed that GDP rose by just 0.2 per cent – 0.1 per cent less than predicted.
In an effort to cut down on spiralling agency bills, the Government will regulate the industry by establishing a “trusted” database of supply teacher agencies.
Almost half (47 per cent) of business leaders and budding entrepreneurs believe that having a clearly-defined business strategy in place is crucial to developing and maintaining a successful business.
According to new research, the 5.3 million owners of small businesses in the UK take a collective 2.5 million working days to manage their finances every month, which is leading to added stress.
An extra £4 billion will be added to the education budget by 2022, the Prime Minister has revealed in her election manifesto.
Businesses from every sector are calling on whoever wins the election to address business rates reform, particularly as the UK negotiates a deal to leave the European Union.
The Institute of Directors (IoD) has warned all political parties that, whoever wins the election; start-up businesses must continue to be supported, either by the European Investment Fund (EIF) or by whatever is brought in to replace it.
Sales of new cars plummeted by 20 per cent in April after an increase in Vehicle Excise Duty (VED), which came into effect on 1 April, although the industry believes this was merely due to consumers bringing purchases forward.
According to recent research, all successful entrepreneurs share the same 10 characteristics, including an abundance of passion for what they do and a desire to help people.