The outlook for the UK economy has shown encouraging signs this week as British retail sales beat expectations in July, in spite of slowing economic growth. The results were positive for small, medium and micro enterprises (SMMEs) in food, clothing, footwear and household goods in particular, with growth in all these sectors exceeding predictions. However,…
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Good news came for small, medium and micro enterprises (SMMEs) in the technology sector this week as London’s status as the tech centre of the UK was confirmed. In the latest UK Tech Innovation Index, London is leading by a mile, scoring more than seven times higher than the second-placed city, Edinburgh. The data shows…
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This week kicked off with a positive start for small businesses in the retail sector. Recent figures from the Confederation of British Industry (CBI) showed that retail sales nationally grew in the months leading up to July. 48 per cent of retailers surveyed said that sales volumes were up in July compared to a year…
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Despite the looming challenges facing business, particularly in terms of exposure to international opportunities, the UK’s small, medium and micro enterprises (SMMEs) seem to be resilient. Business owners’ perception of risk facing their own business has fallen by 15 per cent compared with the last financial quarter. However, rising prices in the wake of the Brexit…
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The UK’s advertising and marketing industry is one of the largest and most lucrative in the world, employing half a million people, many of which are based in small, medium and micro enterprises. In this blog, we look at the challenges facing SMMEs in the sector and how they can adapt to them. Key figures…
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Almost every aspect of the economy is moving online, and in doing so, is transforming the way that businesses, and their customers, behave. In this article, we take a look at how small businesses are responding to the digital economy, and examine three ways they can better take advantage of it. Key figures Online sales…
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