Business Insights

Less than half of all organisations worldwide feel confident in their abilities to defend themselves against cyber-attacks, according to a new report.

The UK’s technology sector received a record $3.6 billion (£2.54 billion) in venture capital funding in 2015. This represents a 70% increase over the $2.1 billion raised in 2014, a figure that was itself record breaking at the time.

A record number of start-ups were recorded in the UK in 2015. New figures released by Companies House show that 608,100 new businesses were launched last year, beating the 581,173 started in 2014 and setting a new record for the fourth consecutive year.

Almost two thirds of British workers feel that they are not paid enough for the job that they do, according to a new study. Nearly half of these respondents said they were currently in the process of looking for a new job as a result of feeling undervalued.

The majority of businesses agree that the way they interact with customers, suppliers and other businesses is important, with more than half claiming to have been on the receiving end of unethical business practices. Despite this, most SMEs do not have a formal business ethics policy in place.