Small business past, present and future

ERC’s 2020 State of Small Business Britain  is now out. And what a year it has been for the UK’s small businesses. ‘Unprecedented’ must be the defining word of 2020 and our latest report looks at how the unprecedented events of this year have translated into impacts on and actions by small and medium enterprises… Read more

COVID hammers UK firms – but sparks digital ‘pivot’ for some

Over 40% of UK’s small and medium-sized firms report COVID-related hit to turnover, while 3 in 10 forced to cut jobs Around 200,000 firms could be close to collapse based on analysis of those trading insolvently or running out of cash But a fifth of firms report positive impacts from the pandemic, with many embracing… Read more

GEM NI Report 2019

Published today this report, completed by Queen’s University Belfast in conjunction with the Enterprise Research Centre, provides international benchmark data for entrepreneurial activity in Northern Ireland, on a comparable basis. The Global Entrepreneurship Monitor (GEM) is an international project which seeks to provide information on the entrepreneurial landscape of 50 countries in 2019. This is important… Read more

Autumn 2020 Press Coverage

FT: Do entrepreneurs need an MBA? The Express : Boris Johnson 3-tier system to harm the self-employed  Sunday Times: Winter is coming – and so are the insolvencies Start Your Business Magazine: Post-Covid Gains. ‘Laggards’ key to post-Covid productivity gains Research Professional News: Researchers fear spending review might be downgraded London Loves Business: Chancellor’s new measures… Read more

Business resilience: location, location, location!

Anticipating adversity, and undertaking crisis planning, are associated with increased resilience in businesses. Yet research published earlier this year by the ERC (carried out before the pandemic) found many small firms struggle to identify their most potent future threats and when crisis hits, most have no contingency plans, resorting to depleting their financial resources to… Read more

Entrepreneurship “in jeopardy” after hitting new high pre-Covid

Published today the GEMUK 2019 report sponsored by NatWest shows UK early-stage entrepreneurship hit a new pre-pandemic high in 2019.  However, this may be in jeopardy because of the effects of the crisis combined with significant gaps in support for people in the early stages of enterprise formation. The Global Entrepreneurship Monitor (GEM) research consortium… Read more

The second lockdown risks an insolvency tsunami

Thousands of businesses across England will remain shuttered today as the new month-long coronavirus lockdown takes effect. Citing new scientific evidence showing an expected surge in cases nationwide over the coming weeks, the Government finally bowed to pressure and abandoned its previous regional tiering strategy last weekend. Critics argue that a sharp ‘circuit breaker’ lockdown… Read more

Job loss fears making workers less open about mental health

Latest ERC Research Report released today shows workers have become less open about their mental health struggles since the coronavirus outbreak because of fears they could lose their jobs if they speak up, new research suggests. The findings  based on in-depth interviews with managers in UK firms over the summer, also show workplaces have become divided… Read more

Job loss fears making workers less open about mental health

‘Furlough envy’, isolation and additional home stresses have triggered deteriorations in workplace mental health, new study suggests Workers less likely to talk to managers about experiencing mental health problems since lockdown, fearing ‘repercussions’ Study highlights need to raise awareness among employers of resources available to support mental health   Workers have become less open about… Read more

Summer 2020 Press Coverage

The Times: How small businesses can get one over the big boys in Zoom revolution Good News Liverpool: Ground-breaking collaboration set to highlight social enterprises Invest Liverpool: Women’s Org to help deliver major UK research project Bdaily: Ground-breaking new research collaboration is set to shine a light on social enterprises North West Business News: Ground-breaking… Read more