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

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

  New Global Entrepreneurship Monitor report shows UK early-stage entrepreneurship hit a new high in 2019 Nearly 1 in 10 working age adults were in the early stages of starting or running a business, with women catching up with men Progress threatened by Chancellor’s decision not to provide financial support for three million entrepreneurs  … 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

Leadership in ‘laggards’ key to post-Covid productivity gains

New study challenges assumption that most productive firms will drive future productivity gains Inspirational leadership shown to boost productivity in firms of all sizes and sectors, even those starting with low levels Research provides evidence to support recent public investment in ‘soft skills’ training for business leaders New research from the Enterprise Research Centre suggests… Read more

Chancellor’s new measures “leave 3m entrepreneurs high and dry”

News release – for immediate use 24 September 2020  Millions of early-stage entrepreneurs and limited company directors “thrown to the wolves” despite extensions to support schemes Chancellor Rishi Sunak’s ‘winter economy plan’ still excludes millions of entrepreneurs and small business owners from support, the Enterprise Research Centre has warned. Key measures announced by Mr Sunak… Read more

Support for entrepreneurs critical for post-Covid recovery – GEM

      Global Entrepreneurship Monitor report calls on policymakers to create right conditions for an enterprise-led economic recovery worldwide. Policymakers around the world must provide clear advice and practical support for entrepreneurs to ensure global economies recover from the devastation of coronavirus, a new report says. Presenting a snapshot of support measures introduced by… Read more

UK companies facing COVID-19 “pincer movement”, data shows

 News release: 20 April 2020 New data shows a spike in limited companies going out of business – coupled with a big decline in new starts – has hit all regions and sectors since the start of March   New data suggests the UK economy is facing a worrying “pincer movement” due to the coronavirus pandemic,… Read more

750,000 self-employed miss out on UK coronavirus support – study

  Lack of provision for most vulnerable self-employed in measures announced by the UK Chancellor last week threatens to “decimate a whole generation of early-stage entrepreneurs”, report authors say. More than 750,000 self-employed people in the UK could miss out on Government support during the coronavirus pandemic, a new analysis has shown. The findings from… Read more