High street banks must have known it was coming, but a new report from the Competition and Markets Authority (CMA) has put some firm dates for technical innovation in place – and some banks may be led kicking and screaming into a brave new world.
When the Bank of England and governor Mark Carney cut interest rates to an all-time low of 0.25 per cent it was an admission that a storm is here – and it might be here to stay.
Success for any company is reliant on having a clear strategy and sticking to it. That is easier said than done for SMEs with aggressive growth requirements when you are desperate to do business with larger enterprises, with whom you will almost have to compromise to build long-term relationships.
While all change in your business environment begins with yourself, it’s important to know what you’re changing in response to, and how your business fits into the bigger picture.
The vote of the UK to leave the EU seemed to take everyone by surprise, not least the foreign exchange markets. In the immediate aftermath of the vote, sterling fell by up to 13 per cent against the US dollar and up to 11 per cent against the euro.
One month in, and you’d be forgiven for already feeling a little Brexit-fatigued; the rolling news, political uncertainty and long-term time frames can seem overwhelming and prompts feelings of apathy.
Guy Crabb, managing director at workplace design and build contractor ODB Group, explains how clever workspace planning can increase productivity.
It has been reported that council funding will be reduced by 6.7 per cent between 2016 and 2020, with the bulk of the cuts taking place in the first two years. As a result, councils in many areas will not have enough money to meet all their statutory duties.
As one of the most important policy changes in recent years, auto-enrolment and the workplace pensions scheme should now be a focus for every employer in the country. Make sure you don’t leave it too late by having a look at our new digital guide, which heard the stories of four SMEs.
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