SME savings suffer following Brexit vote

Small and medium sized enterprises (SMEs) are saving 20 per cent less than in the run up to the EU Referendum in 2016, with the average savings now standing at £446,000, according to new research from bank Hampshire Trust Bank. The annual study shows that current accounts are also impacted with the average balance standing at

The post SME savings suffer following Brexit vote appeared first on Small Business.

Source: SmallBizUK

Start-ups shrug off uncertainty to forecast strong growth

Almost 90 per cent of UK start-ups are expecting to grow sales next year despite signs of business confidence weakening, according to research from the government-backed Start Up Loans Company. The organisation, which merged with the British Business Bank earlier this year, provides low-interest funding to new and established micro businesses, polled 630 bosses at

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Source: SmallBizUK

SMEs gift nearly £1000 of rewards a year to employees

New research from American Express® finds small and medium sized enterprises (SMEs) gift almost £1,000 (£910) of rewards earned on spending across charge, credit and loyalty cards to employees each year. Rewards can range from flights to hotel and shopping vouchers. Smaller businesses based in Manchester are the most generous with rewards totalling £1,156 over the

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Source: SmallBizUK

AI in your earphones? The brave new world of hearables

Startups are transforming earphones into high tech pieces of kit that can translate languages, improve hearing loss and act as voice-activated assistants

Do you tend to stuff your earphones in your pocket? Or perhaps they’re buried in your backpack? When you’ve invested in a set of ‘hearables’, you might handle them more carefully. These in-ear computers could help you get fit, improve your hearing and translate foreign languages.

The global market for Bluetooth-connected and wireless earbuds and headphones will be worth $40bn by 2020, calculates Nick Hunn, an analyst and chief technology officer at WiFore Consulting. His figures show a surge in the sales of Bluetooth-connected devices, which surpassed wired headphone sales, the former market leader.

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Source: Guardian