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

‘East-west divide’ sees Manchester pull ahead in Northern Powerhouse enterprise race

A new Enterprise Research Centre report has highlighted an enterprise divide among Northern Powerhouse regions across a range of growth metrics An ‘East/West divide’ has opened up when it comes to business start-ups and firm growth in the Northern Powerhouse area, new research has found. The Enterprise Research Centre’s Northern Powerhouse Growth Dashboard found that in the… Read more

European firms shun crisis planning ahead of Brexit, study shows

Major new study of 2,975 small businesses across five European cities, supported by J.P. Morgan, finds one-third have experienced a threat to their survival in the past five years. Despite this, crisis planning is not widely undertaken by small businesses, which struggle to identify the most potent sources of business disruption Firms run by women… Read more

Start-ups slump as entrepreneurs brace for Brexit

Number of new firms being started falls by 13% across the UK – with much sharper declines in many parts of England, Scotland and Northern Ireland Firms achieving sustained rapid growth and productivity gains remain a small minority ‘Warning signs’ highlight dangers for job creation from ongoing uncertainty around Brexit The number of new start-ups… Read more

UK Local Growth Dashboard 2019 – Start-ups slump as entrepreneurs brace for Brexit

● Number of new firms being started falls by 13% across the UK – with much sharper declines in many parts of England, Scotland and Northern Ireland ● Firms achieving sustained rapid growth and productivity gains remain a small minority ● ‘Warning signs’ highlight dangers for job creation from ongoing uncertainty around Brexit The number of new… Read more

Gig economy “a springboard for entrepreneurs”

• Gig workers in the UK are twice as likely as the wider population to be in the early stages of setting up a business, largest global study of entrepreneurs finds • Sharp fall in entrepreneurship among BAME Britons and immigrants • Rise of crowdfunding and peer-to-peer lending sees people increasingly willing to invest in “strangers with… Read more