Wednesday, April 5, 2023

UK businesses more upbeat about sales despite weak growth

UK businesses more upbeat about sales despite weak growth

LONDON (Reuters) - Most British businesses expect their sales to rise over the coming year - an improvement from late 2022 - despite seeing no sales growth over the past three months, the British Chambers of Commerce said on Tuesday.

"However, this comes from a very weak base, and while confidence has improved, this is yet to translate into an overall improvement of business conditions," he added.

Publisher: MSN
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Could your small business make it big on Oxford Street? | Marketing Donut

A new competition is offering UK start-ups and small businesses the chance to trade on London's busiest shopping street.

Adobe and Enterprise Nation have partnered to launch the Small Business Goes Big competition , which will give 20 winners the chance to sell directly to shoppers on Oxford Street.

Date: 3CF039CC9A11A9FB608C01FD46B6CAE1
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Leaving London: 'How I swapped renting in Clapham for my own penthouse and a new business in the ...

He has also gone from renter to homeowner, exchanging a room in a shared house near Clapham Junction to a three bedroom penthouse flat of his own —without increasing his overheads.

In 2018 he found the perfect property — a £225,000 three-bedroom flat on the top floor of a historic manor house in the village of Yealand, just south of the Lake District National Park.

Publisher: MSN
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Flexible London: London Firms Almost Twice as Likely to See Permanent Staff Request Move to ...

Six in ten (56%) small and medium-sized businesses in London have seen an increase in permanent staff requesting to move to contract roles in the years following the pandemic – far higher than the UK average of 35%. 

Research from business finance lender Sonovate also shows that firms in the capital are increasingly reliant on a contract or freelance workers – three quarters (75%) of employers report an increase in the proportion of temporary workers, compared to 67% of firms across the UK which have seen ...

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Publisher: Financial IT
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NOVUNA BUSINESS FINANCE STUDY: SMALL BUSINESSES TAKING PROTECTIVE MEASURES TO STRENGTHEN THEIR ...

LONDON , April 3, 2023 /PRNewswire/ -- With the threat of a recession this year significantly reduced, new research from Novuna Business Finance suggests a mixed picture of optimism and caution amongst small business owners' plans for the next three months.

A Novuna poll of over 1,000 small business owners and senior decision makers showed that two thirds (65%) of business owners said they were working on specific plans to try and achieve business growth in the next three months.

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