Brazil pays suppliers on average only 4.3 days beyond terms (DBT), with Iceland coming up second best at 6.4 DBT. The DBT describes how long it takes businesses on average across each country to pay their bills, past the due date. England, meanwhile, would qualify from their group in second place with a DBT of The post Late payments World Cup: Which country pays the quickest? appeared first on Small Business.
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Research from Robert Half reveals that the widely predicted talent exodus post-Brexit will not help matters as almost half of UK companies (49 per cent) struggle to find skilled workers. As a result, one fifth (21 per cent) are now looking to recruit candidates who have exceptional soft skills, with a view to developing the desired technical skills The post Employers look for workers with soft skills as they struggle to fill talent gap appeared first on Small Business.
Nine out of ten business leaders believe AI is critical for the survival of their organisations over the next five years. SAPPHIRE NOW (SAP) has revealed its latest global research that, of 2,500 C-level executives, six out of ten business leaders have implemented or are planning to implement AI in the next year. What’s more, The post Most business leaders say AI is critical for the survival of their firms appeared first on Small Business.
Three in five (59 per cent) businesses believe their prospects will improve in the next year. New data from Smith & Williamson’s inaugural report – Dream bigger: The scale-up moment – reveals that in a show of confidence from the UK’s business community, a quarter (26 per cent) go as far to say that their position The post Three in five businesses think their prospects will improve in the next year appeared first on Small Business.
More people are swapping the security of a 9-to-5 job for the flexibility of freelance work. Research from Instant Offices shows that millennials and UK workers who are facing significant lifestyle changes, such as motherhood or retirement, are looking for more flexible and empowering ways to work. And according to the Association of Independent Professionals and The post The rise of freelance workers: who is making the switch? appeared first on Small Business.
The Association of Accounting Technicians (AAT) is the first accounting body to support a cross-party, multi-business campaign to introduce a retention deposit schemes for small businesses (SMEs). AAT’s new scheme will end the practice of payments being withheld for and unreasonable length of time and eliminate the risk of losing retention costs through contractor bankruptcy. The post Accounting body supports retention deposit schemes for small businesses appeared first on Small Business.
Most (63 per cent) self-employed workers think Brexit will have no direct impact on their business, according to new research. Kensington Mortgages surveyed over 1,000 self-employed workers across the UK to analyse their thoughts and concerns over the year ahead. Of those surveyed, an optimistic 47 per cent of these self-employed workers expect 2018 to The post Most self-employed workers think Brexit won’t affect their business appeared first on Small Business.
It’s been a year since WannaCry ransomware hit the NHS, but 40 per cent of businesses feel more exposed to a cyber attack than ever. In a Tanium survey of 500 frontline IT security workers in the UK, around a third admitted there was panic immediately after the WannaCry attack, but many haven’t taken the action The post Businesses feel more exposed to a cyber attack than ever appeared first on Small Business.
Half of the UK’s independent workers don’t think that artificial intelligence will have a significant impact on the world of work. Accenture data has predicted that the growing trend of AI in the workplace could double annual economic growth rates, but independent workers aren’t convinced. A Qdos Contractor survey with over 1500 contractor respondents shows The post Self-employed think artificial intelligence won’t majorly affect the workplace appeared first on Small Business.
Booking meeting rooms is the biggest frustration Brits face in their working day. RedstoneConnect reveals that 77 per cent of UK workers get vexed when it comes to finding that elusive meeting space. Asking colleagues to leave the room they’d booked proves to be the most annoying part of the process, with booking the room The post Booking meeting rooms is the biggest frustration of the working day appeared first on Small Business.