Business Activities


SMEs still not catching on to social networking

Some interesting results from a survey by Insurantz.com showing Small businesses are still not catching on to social networking.

Just 16% of UK SMEs embrace sites like Facebook or Twitter as essential tools for business
56% of businesses put off by lack of understanding
65% have yet to see any benefit from social networking
Leisure and tourism industry most [...]

IR35 looks set for the scrapheap

PCG (the professional association supporting freelancers, contractors and consultants) was established to fight the introduction of IR35, so today’s announcement that it is to be replaced will be welcomed by freelance workers throughout the UK.
It is a triumph for common sense over political dogma.
In the Coalition’s full programme for Government, published today (20th May) the [...]

New observations of volcanic dust

Met Office scientists have been working with the Universities of Reading and Hertfordshire to gather comprehensive data about the potential danger to aircraft from the volcanic plume that has been emitted from the recent eruption of Eyjafjallajökull in Iceland.
The volcanic dust was measured using newly-developed probes that attach to meteorological balloons that can be used [...]

UK Budget 2010 - Measures For Supporting Business and Growth

The UK Treasury has released further information following the Chancellor’s Budget Statement (Wednesday March 24th 2010). The following is an excerpt from the notice that outlines the particular measures for supporting business and growth.

The Government took decisive action to support the economy during the financial crisis and its aftermath. As the UK emerges from [...]

Contactless arrives for business customers

Barclays has become the first bank in Europe to launch commercial contactless debit cards to its business customers. From March, all Barclays Business customers receiving new or re-issued cards will find that they come with contactless technology as standard. This enables them to pay for low value transactions by holding the card over a reader, [...]

British Library Business & IP Centre helps enterprising Londoners increase turnover by £32 million

18th Feb 2010
Launched today, a new report - ‘Supporting Economic Growth 2007 - 2009′ - reveals the British Library Business & IP Centre’s outstanding success in providing the capital’s aspiring entrepreneurs with both the inspiration and confidence to take on the economic downturn. The full report will be available at www.bl.uk/bipc/evaluation
The British Library Business & [...]

Alistair Darling confirms return to 17.5 percent VAT on January 1st 2010 in Pre-Budget Report

The UK Chancellor of the Exchequer,  Alistair Darling, introduced a temporary lower rate of VAT in last year’s pre budget report.
There was some speculation that he might have extended this reduction beyond the original term. However, in today’s pre-budget report statement to the House of Commons, he said:
I can confirm that VAT will return to [...]

MIT Team Uses Multi-Level Marketing Principles to win DARPA $40,000 Treasure Hunt in just 9 hours

The Defense Advanced Research Projects Agency (DARPA) has announced that the  MIT Red Balloon Challenge Team won the $40,000 cash prize in the DARPA Network Challenge, a competition that required participants to locate 10 large, red balloons that had been placed at undisclosed locations across the United States. The MIT (Massachusetts Institute of Technology) team [...]

Futuristic Intel Computer Chip Could Reshape How Computers are Built, Consumers Interact with Their PCs and Personal Devices

Processors could become smart enough to let PCs use “vision” to interact with people.
Researchers from Intel Labs demonstrated an experimental, 48-core Intel processor, or “single-chip cloud computer,” that rethinks many of the approaches used in today’s designs for laptops, PCs and servers. This futuristic chip boasts about 10 to 20 times the processing engines inside [...]

Barclays Local Business responds to flood crisis

Responding to the implications of the recent flooding across areas of the UK, Barclays Local Business has today announced that it will be offering a financial support package to all of its affected business banking customers.*
The package will allow businesses time to recover from the immediate impact of the flooding, or to bridge the gap [...]

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RSS World Business News

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    The head of the US Federal Reserve, Ben Bernanke says banks must never again be allowed to become "too big to fail". Appearing before a US Congressional inquiry Mr Bernanke said new financial reforms would make government bailouts less likely in future. However, Doug Elliott, of the Brookings Institution think tank says there will always be times w […]

RSS Peter Day's World of Business

  • InBiz: Hidden Depths: 02 Sept 10 September 2, 2010
    London-born Graham Hawkes is the man who has created a submersible vessel that flies through the deepest ocean like a plane. Peter Day reports from his workshop in California, where he wonders why space exploration makes decades of headlines while it is so hard to get backers for deep sea travel into a world no-one has ever seen. Producer: Sandra Kanthal E […]
  • GlobalBiz: Developing the Developing World : 31 Aug 10 August 31, 2010
    Peter Day brings together senior staff working in development agencies that have engaged, or attempted to engage, directly with social entrepreneurs working in emerging markets. He asks to what degree have these respective agencies facilitated the work of innovative social change agents working directly with the poor? And what can be done to enhance the imp […]

RSS Money Box

  • MoneyBox: Bank merger IT 28 Aug 10 August 28, 2010
    Former Alliance and Leicester customers experience problems as their accounts transfer to Santander's IT system. Plus: websites charging for free services and taking out money abroad.