Small businesses failing to understand employment regulations
A study has uncovered a worrying lack of understanding around employment regulations amongst small businesses in the UK.
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The news section on Small Business UK allows you to keep up to date with the latest news, economic trends and regulatory developments affecting new and established UK small businesses.
A study has uncovered a worrying lack of understanding around employment regulations amongst small businesses in the UK.
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Although 90 per cent of business leaders expect a fall in economic growth in the short term, they expect the outlook to improve, with 55 per cent fearing that economic growth will fall in the longer term.
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Young entrepreneurs are driven by a desire for independence, a belief in social good and a commitment to employee happiness, research finds.
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UK small business owners spend 10 per cent of their working day chasing payments, with an average having to wait an extra 14 days before invoices are settled.
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HR and line managers are responsible for upholding their company’s corporate values and ensuring employee engagement, but many lack confidence and faith in their employer, research finds.
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Two in five business decision makers (43 per cent) do not have a holiday lasting more than five working days booked in the next 12 months.
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Unsupportive working cultures are leaving managers to struggle with the fall-out of workplace crises, research finds.
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Two in five business decision makers (43 per cent) do not have a holiday lasting more than five working days booked in the next 12 months.
News
Unsupportive working cultures are leaving managers to struggle with the fall-out of workplace crises, research finds.
News
A start-up has taken aim at disrupting the £95 billion mortgage brokering market by launching a new site that identifies the best mortgages for hopeful house-hunters.
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Well over a third of UK small and medium-sized enterprises (SMEs) believe that if they don’t adapt their business models they will go out of business in five years, but only 2 per cent have done something about it.
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A fifth (20 per cent) of UK businesses have already invited hackers to assess their security systems and a further 37 per cent are open to the idea.
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Companies are misunderstanding over a third of their costumers, research finds.
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