Ian Brass

Businesses Urged To Create “Illusion Of Old Britain” As Nostalgic Consumers Crave Old Currency

Businesses Urged To Create “Illusion Of Old Britain” As Nostalgic Consumers Crave Old Currency

UK small businesses have been urged to create an “illusion of old Britain” and allow consumers to pay in pounds, shillings and pennies, according to a report by the Small Firms Index (SFI). The survey of 1,971 UK shoppers revealed that the triggering of Article 50, coupled with the introduction of the new £1, has led to consumers hark back to old Blighty – with businesses expected to follow suit. 36% of all respondents said they were keen to return re-adopt old terminology when shopping, with consumers in Boston (75.6%), South Holland (73.6%) and Castle Point (72.7%) the most enthusiastic. In contrast, those surveyed in Hackney were less than happy to accept the opinions of others – with 70% suggesting London businesses should adopt a more “Euro-friendly” environment. . While pounds, shill... »

UK Small Businesses Lose Money for Failing to Adjust Clocks

UK Small Businesses Lose Money for Failing to Adjust Clocks

UK small businesses lost nearly £14,000 last week after failing to adjust their clocks to summer time, according to a new report out today by the Small Firms Index (SFI). A survey of 1,500 small businesses found that over a third (34%) reported at least one employee arriving for work an hour late, leading to a drop in productivity and output. 16% of business owners surveyed said they had missed important meetings while a further 3% admitted they had lost business as they were too late for international conference calls. The report comes just one day after it was revealed UK businesses are falling short on digital skills training and will no doubt serve as a further blow for enterprises trying to crack the international market. Ian Brass, managing director of SFI said: “While only a once of... »