Louise Taft of Jurit LLP, Chair of the Employment Lawyers Association’s Brexit Standing Committee discusses the impact of the promise to scrap EU “red tape” After the political upheaval of the autumn, the Government is pressing ahead with its “Brexit Freedoms Bill”, officially known as the Retained EU Law (Revocation and Reform) Bill. If passed, it will bring the most profound changes to employment law in decades. The Bill essentially reverses the position created by the EU Withdrawal Act, which preserved the status quo on EU derived law, creating a “snapshot” of the law as it existed at 31 December…
Author: sme-admin
Nicky Tozer, SVP, EMEA, Oracle NetSuite, provides SMEToday’s readers with some pointers on how to navigate economic uncertainties in 2023. As we head into the new year, the instability of the past few years is set to draw out in a potentially lengthy downturn in the UK economy. Under the strain of supply chain issues, geo-political tensions and cost-of-living crises, businesses are being pressed to accomplish more with less resources. But how will this affect British businesses in 2023? Organisations can expect a closer examination of finances, with policymakers placing a high priority on recession-proofing. Business leaders should try to…
On 22nd January Chinese New Year will arrive, and this year it is the year of the rabbit. It’s good to be aware that for some of your colleagues this may be an important time of year. Just because you don’t traditionally celebrate the Chinese New Year, it doesn’t mean that you can’t start to do so. It’s something that can be socially beneficial for a workforce and be inclusive to people from different cultures and backgrounds. What is Chinese New Year? This history of the Chinese new year stems back over 3500 years and originated within the Shang Dynasty.…
The “SMBs Driving Economic Recovery” report from Sage – the leader in accounting, financial, HR and payroll technology for SMBs – last week revealed that, despite ongoing economic turbulence, growth in turnover for UK SMBs is expected to outperform the growth rate for all businesses from 2023-2025, with SMBs expected to make up 51.9% of total business turnover in the UK economy by 2025. Working with Cebr, one of the UK’s leading economics consultancies, Sage has researched eight markets globally to understand SMBs’ role in driving economic recovery, and using historic insights from the last recession in 2007-2009, predict trends up until 2025. The…
According to a report commissioned by the government historical total Venture Capital investment levels in female founders have remained significantly low, at under 5% in the UK and this needs to change. In this piece, PwC talks about what they are doing to try to change this. PwC Raise | Ventures partners with fast-growing, early-stage companies looking to raise between £1m – £30m to fund growth and provide support and expertise throughout the investment journey. They work with many inspiring entrepreneurs building disruptive tech companies that are changing our lives and very often having a positive impact on society. Some…
It goes without saying that keeping an eye on outgoings and profit margins is crucial for any business, but it’s also essential to keep tabs on the margin of safety, perhaps now more than ever in the age of uncertainty. But what is it, why is it important and what invaluable insights can it give SME owners? John Edwards, Chief Executive and Group Executive International of The Institute of Financial Accountants (IFA), explains. Why is it important for a business owner to know their margin of safety? Quite simply, the margin of safety is the amount of sales that a…
Virtualnet began life over 20 years ago as an Internet Marketing Consultancy. We quickly evolved into a software development agency by also offering bespoke web solutions. We have had a varied client base over the years from well-known large organisations to smaller companies and charities. This has meant we’ve turned our hand to several projects, right from basic requirements to fully functioning web solutions. We have a 95% client retention rate year on year. We can design and develop tailor-made software solutions to suit the needs of any organisation. Our experienced in-house team of Developers and Account Managers have years…
Creating consistently successful advertising campaigns should be a goal of every marketer and business owner yet knowing where to allocate spend or how effective a campaign is can be an on-going challenge. As such, leading programmatic and data expert Crimtan has created a tool for businesses to determine the true value of a paid marketing campaign. When businesses invest in marketing, they want proof that they are receiving the best return on investment. For example, it’s important to put budget into targeting and engaging customers who are likely to act as a result of seeing an ad, rather than customers who…
It’s certainly not news that identity fraud remains one of the biggest threats in the UK. In the last 12 months, business leaders estimate that identity fraud has on average cost their business £398,520, with a total of over £609.8 million stolen through fraud and scams in the first half of 2022. Increasing fraud types Such is the concern over the rapidly rising numbers in fraud cases, that UK Finance is urging that it must be considered a national security threat, as some fraud types have increased and criminals continue to adapt their methods. From employee impersonation and faulty products…
Author: Sue Bramall, director of Berners Marketing, which provides an expert legal content subscription service for law firm marketing. Recently, I bought a new PC and was amazed at how easy the setup and installation experiences were compared to the last time. Not so long ago, I routinely handed over anything technical to my teenage son. But fortunately, technology companies have now faced up to criticism about poor user-experience and have invested in ‘design thinking’ to improve the journey for their customers. We tend to think about design in terms of designing a new product, creating beautiful packaging and enticing…