Global spending on corporate events is projected to reach £441.95 billion by 2029, revealing the continued importance of business travel and face-to-face networking.1 Against this backdrop, the business travel experts at Booking.com for Business have revealed the six key trends defining the corporate event market now: Corporate event spending continues to rise The global corporate events market is projected to grow from £241 billion in 2024 to £441.95 billion by 2029, representing a compound annual growth rate (CAGR) of 10.61%.1 B2B events alone generate approximately £1.26 trillion in direct spending globally each year, making it more important for businesses to treat events as…
Author: sme-admin
The B2B buying journey is undergoing rapid change, with deals now hinging on more decision-makers, channels, and technologies. To help marketing and sales teams hit the mark, the experts at B2B demand generation agency Sopro have collated and analysed the latest industry statistics to highlight the most influential trends driving change. Top 5 current B2B marketing trends and statistics: Nearly a third of B2B marketers say buyers are further through research before engaging with sales Buyers are arriving later in the journey – by the time they speak to a sales rep, many have already searched, compared, read reviews, checked competitors, asked…
Partner Peter Woolley, in Thames Valley law firm Blandy & Blandy’s Corporate & Commercial team, highlights the role of directors and the statutory duties that come with holding this position, as detailed in the Companies Act 2006 (“CA 2006”). Becoming a director of a limited company involves much more responsibility than merely registering your name as a director of a company at Companies House. New directors are usually appointed by the existing board of directors, although they can also be appointed by shareholders. The directors are in charge of the management of the company, both at a strategic and at an operational…
From knocker-ups to human computers: the jobs that vanished within a generation. Imagine explaining to a teenager that people were once paid to wake workers up by tapping on their bedroom windows with long sticks. Or that thousands of people made a living manually connecting telephone calls, delivering telegrams, lighting street lamps, or performing calculations before computers existed. According to business marketplace AnyBusiness.com.au, entire professions that once employed thousands of people have disappeared in little more than a generation as technology transformed how people live, work and communicate. 15 Jobs That Have Almost Completely Disappeared Job What They Did What Replaced…
Tunley Environmental and CSR Accreditation (CSR-A) have launched a new whitepaper exploring how organisations can communicate sustainability and corporate social responsibility (CSR) activity more credibly in an environment where claims are being examined more closely than ever before. Titled Evidence Over Claims: Safeguarding Corporate Social Responsibility, the whitepaper examines the growing pressure organisations face to ensure environmental and social claims are accurate, proportionate and supported by evidence. The publication addresses both greenwashing and green hushing, recognising that many organisations are already taking positive action but may struggle to communicate their progress with confidence. This is often due to evolving regulations,…
A new tax change which came into effect this month is set to deliver a long-awaited boost for freelancers, sole traders, and anyone using their own vehicle for work. The Chancellor has increased the mileage allowance by 10p, meaning workers can now claim 55p per mile for the first 10,000 business miles – the first rise since 2011. Commenting on the news, Joe Phelan, money.co.uk business savings expert, said: “Following rising fuel costs, the Government has announced a 10p-per-mile increase in mileage allowance for employees, the first such move since 2011 and a significant adjustment for self-employed people that rely on…
As FCC fines T-Mobile, AT&T and Verizon $196M for selling users’ real-time location data, the natural question arises: if the first failure is selling user data without consent and the second is losing control over who ends up with it, how should companies actually police both ends of the chain? Vaidotas Šedys, CRO at Oxylabs, shares his insights on the situation. 1. What does this case reveal about how user data is really handled? The issue is that companies sold user data without consent — users were never informed it was happening. Situations like this break the transparency contract between…
By Lisa Cleaver, COO of eCapital Company insolvencies remain persistently high. Every day, 38 businesses in the UK close their doors. Not because they built something nobody wanted, or because the market moved on, but because the money owed to them simply did not arrive in time. Government research shows that late payments create significant cash flow pressure for SMEs, costing UK businesses an estimated £11 billion annually and contributing to thousands of business closures each year. For many firms, the issue is not whether the business is viable. It is whether it can withstand the delay between doing the work and getting paid…
81% of UK based employers who already have employees overseas are intending to increase their workforce abroad according to fresh statistics. However, as businesses prepare for the annual surge in summer leave requests, managing annual leave across international teams is becoming increasingly complex. For companies employing people in multiple countries, holiday policies are no longer just an internal HR issue. Different legal frameworks, employee protections, and cultural expectations can create significant compliance risks if businesses apply the same approach globally. For example, while UK employers have broad discretion over when leave can be taken, rejecting a similar request in Germany could…
SAP hiring managers may be missing key signs of candidate suitability by focusing too heavily on technical screening and not enough on judgement, communication, pressure-handling and team fit. Daniel Patel, Recruitment Director at Eursap, a specialist SAP recruitment agency, says the best interviews go further by testing how candidates think in real project situations, particularly during complex implementations, go-lives, stakeholder disagreements and documentation-heavy work. He explains that strong SAP candidates should not only understand the system, but also be able to explain business processes clearly, work across modules, manage urgent priorities and respond calmly when projects become difficult. “The biggest mistake…