boost business

SMEs Can Boost Business by Getting IT Savvy

Is Social Media the key to growing your business? UK Small-to-medium-sized businesses can grow and boost their business if they become more IT savvy. So says a recent survey of IT decision-makers of SMEs, which shows that 96% of them consider IT to be crucial to business growth. And yet surprisingly, over a quarter admit that they do not know enough about the topic and how to make it work for their business. The research carried out by HP also shows a broadly optimistic picture when it comes to economic positivity among UK small businesses with over 90% of small firms saying they are optimistic about the future of their business over the next three to five years, while just under half said they were optimistic about the state of the UK economy over the same time period. Another interesting... »

Will Rate Cuts Boost Business?

Small Business News – 3rd December 2007 With the Bank of England’s Monetary Policy Committee due to meet to announce the interest rate on Thursday 6th December, pressure is mounting on the Bank of England to cut interest rates ahead of an expected downturn in the economy next year. One economist, Patrick Minford, a former advisor to Maggie Thatcher & the Treasury and now professor at Cardiff Business School, has even suggested an interest rate slash of as much as 0.75%. Another expert, Tim Congdon of the London School of Economics, has called for a 0.5% cut in interest rates. Both economists believe that the MPC is taking too long to decide that what has already happened is not good for business. With rates at 5.75% since July, a number of economic bodies have railed the MP... »