Black-led companies contribute £25 billion to the UK economy but held back from growth report finds. The Federation of Small Businesses (FSB) say the government must do more to help BAME-led enterprises get access to finance. However many BAME entrepreneurs have struggled to access external finance to help their business survive and grow. The report also found that they are often detached from mainstream business support. Over a 16-year period, nearly 30 percent of people on average in the UK’s BAME population were typically involved in thinking about, setting up or operating a business venture, nearly twice the level of the…
Author: sme-admin
Hundreds of thousands of job seekers are set to benefit from a new employment programme launched on Monday 5 October 2020. JETS (Job Entry Targeted Support) is backed by a £238 million investment and is dedicated to supporting those left jobless due to Covid-19. Targeting those out of work for three months, JETS will see the Department for Work and Pensions ramp up support for claimants to ensure those put forward for the scheme have access to tailored, flexible support to quickly get back into employment. The new programme will see a number of providers offer a range of help, including specialist…
Join CEOs, Start Ups as well as Seasoned Entrepreneurs from around the world as you learn how to increase your income, become financially and professionally empowered and have more productivity throughout the year! At this Global Champions Summit, you’re going to discover how all 16 of our Champion Speakers have started from the ground up and transformed their OWN lives and the lives of many others around the world. Listen in as they share real-world knowledge with an opportunity for Q&A relevant to your success. February 23rd 2021 Register Now
Centric HR have been appointed as a ‘Gateway Provider’ on the government Kickstart website to help employers based anywhere in England, Scotland and Wales. We will manage, through robust financial and governance processes, the process from the starting point of application through to funding and wrap around care for the kickstarter. We have compiled a list of questions and answers below to advise and assist in the correct procedure. The government introduced the new Kickstart Scheme in Great Britain, a £2 billion fund to create hundreds of thousands of high quality 6-month work placements aimed at those aged 16-24 who are on Universal Credit…
In the ‘Wealth of Nations’ written in 1776, Adam Smith argued that taxation should follow the four principles of. Fairness Certainty Convenience Efficiency These principles form a solid basis for taxation today; however, they are not always followed. Sometimes, taxes hit certain categories of taxpayers or kinds of consumption whilst leaving others relatively untouched. In other words, what I would call ‘relative unfairness’. A good government should levy taxes whilst minimising negative effects on the economy. Taxes can have significant effects, altering the decisions that individuals and businesses would make if the taxes were not in place. They can also…
Chancellor Rishi Sunak has announced his ‘new winter economy plan’ to support businesses and jobs as restrictions to our movements across England come into play in the fight against Covid19 – probably for six months. The Chancellor has already confirmed that the usual November Budget is cancelled and he has outlined support which will kick in from November 1 – the day after the existing furloughing scheme ends. The key phrase seems to be that support is now targeted at businesses which can offer ‘viable jobs’. This seems to mean companies that can employ people actively working at least a third…
The Prime Minister has set out plans to transform the training and skills system, making it fit for the 21st century economy, and helping the country build back better from coronavirus. Adults without an A-Level or equivalent qualification will be offered a free, fully-funded college course – providing them with skills valued by employers, and the opportunity to study at a time and location that suits them. This offer will be available from April in England, and will be paid for through the National Skills Fund. A full list of available courses will be set out shortly. Higher education loans…
Over 80,000 volunteers tested in England between 18 and 26 September as part of the country’s largest study into COVID-19. Interim results from the fourth report of the country’s largest study on coronavirus rates of infection have been published today. The study examines levels of infection in the general population in England by testing over 150,000 participants each month over a 2-week period. Over 80,000 volunteers out of 150,000 have been tested so far between 18 and 26 September. Findings show infections increased substantially across the country before the R rate fell to around 1.1, suggesting the growth of infection may be…
The largest brownfield regeneration site in the South West has been purchased by BCP Council following a successful £5 million Local Growth Fund investment from Dorset Local Enterprise Partnership (LEP). Situated in Hamworthy, on the waterfront at Poole Harbour, the 40 acre site was left vacant following the closure of the former Holes Bay power station in 1994. Being in close proximity to Poole town centre, the commercial Port of Poole and neighbouring residential areas, it has since been designated as an important area for future regeneration and investment by the council. Now in the ownership of the local authority, thanks to…
A new digitised investment platform, the Elevate investment network, has been launched by the GS Verde Group. The Elevate investment network will sit within the Verde Corporate Finance business of the multi-discipline Group and help to support growing businesses across the UK in raising investment via the private equity markets. Elevate is a regulated digital and digitised fintech platform that will connect business founders seeking investment, to a UK wide network of experienced investors. It will enable businesses with scale-up potential to be presented to registered investors, unlocking a far-reaching network and providing the GS Verde Group with the…