Only 27% of businesses in the North West said they have a basic understanding of generative AI, finds new research conducted for the British Business Bank. Research, conducted by YouGov on behalf of the Start Up Loans programme, revealed less than half (46%) of UK small businesses use AI at work. … [Read more...]
News for: Business
Build a Business workshops come to Stockroom
The Build A Business in GM Libraries programme will return to Stockport, with Stockroom hosting three sessions in August and September. Workshops aim to support existing business owners or aspiring entrepreneurs looking to develop their business idea and ensure they have access to the skills and … [Read more...]
Stockport creative agency, Dawn, certified as a B Corporation
Stockport-based creative and branding agency, Dawn, has officially been certified as a B Corporation in recognition of its efforts to be a force for good in business. Dawn has always believed business should be a force for good. Becoming a B Corp gives the agency a solid framework to keep pushing … [Read more...]
UK inflation rises further to 3.6%
UK inflation rose in June to 3.6%, latest Consumer Price Index (CPI) data from the Office of National Statistics, and follows a previous rise in May's data. The increase in inflation has been driven principally by a slowdown in price falls for motor fuel and the third consecutive month of food … [Read more...]
Andy Burnham sets out vision for next decade of growth across Greater Manchester
Greater Manchester Mayor, Andy Burnham, has set out his ambitions for delivering the next decade of growth in the city-region. Speaking at Manchester's Campfield on Wedneday 9th July, the Mayor shared the city region’s blueprint for a greener, fairer future at the launch of the The Greater … [Read more...]
North West economy ends quarter on a stable footing, finds NatWest tracker
Business activity stabilised across the North West private sector in June, following a decline in output in recent months, the latest NatWest Growth Tracker survey has revealed. The headline North West Business Activity Index – which measures changes in the region's output of goods and services – … [Read more...]
Greater Manchester leads UK in productivity improvements
Greater Manchester has seen the biggest increase in productivity of any UK region over the past 20 years, according to analysis by the Northern Powerhouse Partnership. The analysis found that between 2004 and 2023 the city-region saw the highest rise in gross value added (GVA, a measure of … [Read more...]
New report highlights progress made towards tackling skills gaps in Greater Manchester
A new report has highlighted the progress made in tackling the skills gaps faced by businesses in Greater Manchester as part of the city-region's Local Skills Improvement Plan (LSIP). LSIPs are a Department for Education initiative to align skills training with employer needs, and in Greater … [Read more...]
Lloyds Business Barometer finds sustained rise in business confidence
A monthly business survey conducted by high street banking group, Lloyds, has revealed a sustained rise in business confidence across the UK. Business confidence increased by 1 point to 51% in June nationwide, with the North-west seeing a 3 point rise to 55%. The rise follows a sharper rise in … [Read more...]
Quarterly survey of Greater Manchester businesses highlights volatile economic environment
The results of Greater Manchester Chamber of Commerce's (GMCC) latest Quarterly Economic Survey (QES) has revealed how global factors and rising costs are impacting local businesses. The survey found businesses in the city-region were dealing with issues including US tariffs and increasing costs … [Read more...]
Side hustlers urged to register for Self Assessment
HMRC is encouraging anyone with income outside of their regular employment to check if they need to complete a Self Assessment tax return for the 2024 to 2025 tax year. Anyone with additional income streams – such as from online selling, content creation, dog walking or property rental – is being … [Read more...]
HMRC names 74 North West employers for minimum wage breaches
HMRC has named 74 businesses in the North West for paying workers less than the National Minimum Wage and National Living Wage. The latest list published by the government includes 518 businesses in the UK which hadn’t correctly paid minimum wage. Some high-profile businesses are named, … [Read more...]
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