Analysis by Grant Thornton has found that the economic contribution of companies listed on the London Stock Exchange’s Alternative Investment Market (AIM) directly contributed £14.7bn to the UK economy in 2013.
KPMG Enterprise has found that a fifth of mid-market companies plan to invest in digital initiatives with an aim of “transforming the customer experience” as the primary objective.
Entrepreneurs are less confident about business growth, according to the latest results for Smith & Williamson’s quarterly Enterprise Index.
British businesses are encouraged to embrace smartphones and tablets as consumers will spend around £53.6bn annually via mobiles by 2024, which is more than a fivefold increase on the £9.7bn spent through devices today, according to Barclays.
The latest UK Expenditure Index from Visa Europe has revealed British consumers are increasingly spending their money on the hospitality sector, while the appetite for clothing and footwear continues to fall.
Middle Eastern holidaymakers are the biggest international spenders travelling to Britain, according to Hotels.com, powering the UK hotel industry with an average spend of £174 per night in 2014.
Subscription-based education service lynda.com, which helps people learn new skills through online videos produced by hired experts, has been bought by LinkedIn.
New research has shed light on what junior employees at the world’s leading technology companies can envisage earning when starting out, with business social media platform LinkedIn coming out on top.
The average British household owns 7.4 internet-connected devices, which drove the digital advertising spend up by 14 per cent to hit a record £7.2bn in 2014, according to the Internet Advertising Bureau and PwC.
Hospitality firm Whitbread, which owns Costa and Premier Inn, plans to create 6,000 new apprenticeships by 2020 and prime minister David Cameron has declared his support of the recruitment project.
