Business Insights

Industry body the National Skills Academy for Food and Drink has warned that the food and drink sector is facing a serious image crisis, with young people ignoring the sector when it came to choosing careers.

More than a third of British business owners in the UK said they expect their companies to be the victims of cyber-crime over the next 12 months, according to a new report.

The Government is being urged to act on the thorny issue of business rates. Five of the UK’s biggest industry lobby groups in the British Retail Consortium, British Council of Shopping Centres, Association of Convenience Stores, Federation of Small Businesses, and British Property Federation have joined forces to write to the Treasury. The group says that, more than two years after the Government said it would review the tax, it is now time to act.

Two leading UK trade associations have issued a joint statement calling on Chancellor George Osborne to address what they see as a number of key issues affecting SMEs in the Budget.

The majority of entrepreneurs aged under 35 in the UK are now women, a new study suggests. The 59% of female entrepreneurs in this age bracket in the UK was far higher than the global average of 47%.