David Cameron

Small Business Owners At Odds With Boris Johnson Over Brexit Stance

Small Business Owners At Odds With Boris Johnson Over Brexit Stance

Small business owners are at odds with Boris Johnson’s recent support for a British exit (Brexit) in the upcoming EU referendum, a report by Moore Stephens has found. A survey of nearly 500 small to medium sized enterprises, the research found that just 17% of business owners supported a Brexit exit with a majority of 60% wishing to remain in the EU. Mayor of London Johnson announced his pro-Brexit support last week after reports that he was unimpressed with David Cameron’s recent negotiations in Brussels. Last month it was revealed that small businesses feel they were too dependent on the EU market to warrant leaving. Mark Lamb, partner at Moore Stephens, said: “The pound is already under pressure following London mayor Boris Johnson and other political heavyweights coming out this week i... »

71% of Businesses Don’t Believe Cameron’s Employment Target will be Met

71% of Businesses Don’t Believe Cameron’s Employment Target will be Met

71% of British businesses do not believe that David Cameron’s target of full employment will be achieved in the next five years, according to a new report by totaljobs. The research, which surveyed 100 UK businesses and over 4,000 jobseekers, found that nearly half (49%) of British enterprises expect to experience recruitment problems over the coming years. Almost a quarter (23%) of small businesses said they had already restricted growth due to the UK’s shrinking talent pool, and 55% said they had a skills shortage in their businesses. Despite the negative trend, 95% said the new national living wage won’t discourage them from hiring. John Salt, group sales director, totaljobs, said: “The research reinforces the argument that the UK economy will struggle to maintain long-term sustainable ... »

UK Businesses Split Over Apprenticeship Levy

UK Businesses Split Over Apprenticeship Levy

British businesses are split over the government’s plan to introduce an apprenticeship levy, with a recent CIPD survey having revealed that 39% of businesses owners think it will be a positive measure for business while 31% think it will have a negative effect and 30% remain undecided. Of the businesses who support the levy, 30% said it would incite them to launch an apprenticeship programme and a further 30% believed it would boost apprenticeship numbers. However, 31% of business owners are concerned that introducing the levy will mean sacrificing support in other areas of employee training and development. An additional 22% said the levy might encourage employers to accredit already existing training as apprenticeship schemes and 20% said they believe the levy will cause the quality of a... »

What is Supply Chain Finance?

What is Supply Chain Finance?

Supply Chain Finance has been in the news recently. Prime Minister David Cameron is backing supply chain finance as a “new” form of finance for small- and medium-sized businesses. He claims that, “…this scheme will not only help them [small businesses] secure finance and support cash flow, but will help secure supply chains for some of our biggest companies and protect thousands of jobs.” If you are a small business who supplies a large, probably well known company, you will know better than most that just because they are reputable does not mean they are on time with paying their invoices. In fact, it can often make them worse as they know they have the power to do what they want and pay invoices later and later. This is where supply chain finance is meant to fill the gap. Before we... »