Businesses Fear Effect of Public Sector Cuts on Turnover

Research by ICAEW has revealed that nearly half of businesses (45%) anticipate the public sector cuts will have a negative effect on their turnover in the next twelve months. Of those that directly supply the public sector, this rises to 68% of firms. Many will be looking at a variety of measures to help counteract the negative impact of cuts on their business. Michael Izza, ICAEW chief executive, said: “There has been an expectation that business will be able to ‘pick up the pieces’. This includes hiring those who have been made redundant in the public sector as well as providing the impetus to ensure that the UK economy returns to growth. What we are seeing is in fact companies being impacted by the cuts as well as all the other pressure points that currently exist.” The priv... »

Fear of Upheaval Prevents Businesses Switching Internet Supplier

Confusing jargon, lack of knowledge about technology and fear of upheaval are preventing small firms from getting better broadband services, research suggests. According to the survey, by Easy Connect (the SME division of Easynet) and IT research firm Quocirca, more than three-quarters of businesses have experienced problems with their Internet connection. Yet, two-thirds have been with same supplier for more than five years, and just ten per cent are considering switching to another supplier. The report claims that contributing factors include the growing use of confusing jargon in the IT industry and a general lack of understanding about how Internet connectivity works â?? many businesses, for example, focused on speed rather than quality of service. “Whilst speed and cost have bec... »