Innovative Business

Globalisation drives changes to the international economy. Factors such as the organisational and technological capabilities of business (improved via innovation) become much more important to gain a competitive advantage.

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#Budget2016 – A budget for small business and savers

#Budget2016 – A budget for small business and savers

This year’s Budget is one that small companies should be excited about, the chancellor not only announced his intention to lower corporation tax to 17% by 2020 but also a raft of measures to shift support towards smaller businesses and savings. Many will ask, why is such a shift important? SMEs make up a significant […]

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#Budget2016: time to dust off the ‘march of the makers’

#Budget2016: time to dust off the ‘march of the makers’

With next week’s budget on the horizon, there does not seem to be much cheer in the air. The British Chambers of Commerce has cut its UK 2016 economic growth forecast from 2.5% to 2.2%, citing ‘storm clouds’ over the global economy. This snapshot of an ever increasingly difficult economic picture highlights the need to […]

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Lower fuel prices; Xmas present with a bite

Lower fuel prices; Xmas present with a bite

Early Christmas cheer today as the RAC announced that petrol prices are to fall below £1 at the pump this Christmas. But although likely to put a smile on consumers faces, could the reason for this petrol price drop, falling oil prices, mean that this Christmas present could be an unwanted gift into 2016. An […]

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Comprehensive Spending Review – summary

Comprehensive Spending Review – summary

Today the Chancellor outlined in the Autumn Statement and Comprehensive Spending Review (CSR) projections for government expenditure in the next five years. The biggest surprise announcement was that the proposed changes to the tax credit regime which were rejected by the House of Lords were scrapped in their entirety. Whilst this will be of great […]

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Let’s celebrate the UK car industry; bellwether for growth

Let’s celebrate the UK car industry; bellwether for growth

Fantastic news today that Jaguar Land Rover has hit a sales record for September, selling 47,634 cars globally. The sales boosted by the new Jaguar XE saloon, which has its engine built in the i54 site near Telford, Wolverhampton, show the continuing strength of the UK car industry, which should be celebrated. In a period […]

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Smarter trumps harder – can less hours reduce UK’s productivity gap?

Smarter trumps harder – can less hours reduce UK’s productivity gap?

Work smarter not harder. This is a well-known saying, but when it comes to UK business culture hard work is synonymous with long hours. But could findings from Sweden show the truth in the maxim of smarter vs harder and more importantly, show the UK the way to improve its productivity gap? An interesting article […]

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Where did all the innovation go?

Where did all the innovation go?

It might sound a bit like August fluff, but the news that only five UK firms made the Forbes ranking of the World’s most innovative companies should be cause for concern. Of these five, only one, Cambridge based Arm Holdings (congratulations to them) made the top 50. So where did all the innovation go; and […]

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When will the UK build enough homes?

When will the UK build enough homes?

As thoughts move to holiday for most, it is worth looking at what many will return to, or perhaps to rephrase, would like to return to – namely their own home. Recent announcements about the chronic problems around the UK’s housing supply and the rising costs that go with it  suggest the days of home […]

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Merry-go-round to helter skelter; business picking up the benefits tab

Merry-go-round to helter skelter; business picking up the benefits tab

“Merry-go-round…topping up low pay…helping to create well paid jobs in the first place.” These are just a few excerpts from the Prime Minister’s speech on opportunity, where David Cameron laid the ground for the Government to cut welfare spending by £12bn. These cuts will have a heavy focus on working age benefits, and in particular […]

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Applied social psychology; a new tool to make the case for ethical trade benefits

Applied social psychology; a new tool to make the case for ethical trade benefits

Applied social psychology has a massive potential to help clearly demonstrate the benefits and impacts of ethical trade, both internally to organisations and externally to stakeholders, e.g., consumers. Three ways show this well. First, applied social psychology can add more certainty to understanding around stakeholders and their decisions. The application of psychology’s study of underlying […]

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