Fuel Slump Hits UK Retail Sales
Summary:
A record fall in petrol sales saw UK retails sales volume falls by 2.3% in April. The fuel sector was not the only one that saw a sales fall, sales of clothing and footwear wear also affected by the severe rainfall in April. Factors such as the weather and growing inflation were the main reason sales fell. However analysts are optimistic about the future with a turn in the weather and lots of big events the retailers are hoping for a much better summer period.
The View:
Fairly unsurprised by the sales fall I am however surprised that more sectors are not affected, things are looking better as the weather has improved and the high streets look a little bit easier. Sales of clothing and footwear should increase because of big sporting events such as Euro 2012 and of course a little event that you might have heard of called the Olympics.
Prepared For The Summer?, Is Your Business Improving During The Summer Months?
Full Article:
http://www.bbc.co.uk/news/business-18171600
Second IP Attache Appointed To Support UK Business In India
Summary:
The UK's second largest IP attaché will begin work on 23rd May 2012, the place is central to the governments plans to bolster trade relations and support IP and innovation abroad. Anishka Jha will be based in the British High Commission in Delhi working with representatives from UKTI and FCO to help British business operating in India make the most of the business opportunities there. India is a rapidly developing global market with a middle-income population expected to reach 600 million by 2030 nearly 10 times that of the UK population.
The View:
Well the article says it India is a huge market and it is growing incredibly fast, another positive is that Indian's love British brands which is a huge advantage, few countries have the resources or experience to break into a new market, it will be interesting to see what happens a lot of American brands such as Nike, McDonald's, Disney etc are all taking advantage of this opportunity, also it is easier to get into India then China because they are less restricted.
Will You Expand Into India?, Is This An Exciting Opportunity To Broaden Your Horizons?
Full Article:
http://www.freshbusinessthinking.com/news.php?NID=14162&Title=Second+IP+attach%E9+appointed+to+support+UK+businesses+in+India
Social Media Networks Vital To Attracting Customers
Summary:
Business social media networks continue to revolutionise corporate marketing strategy and over the next two years will be the second most effective tool of acquiring customers, according to research among 2500 UK businesses conducted by Regus.Senoir managers and business owners also said that face to face networking is the best way of generating new business compared to all other techniques. Online advertising will keep its favoured standing but lags significantly behind social media.
The View:
Social media is a big phenomenon and it is only going to get bigger, for the first time it lets businesses speak directly to their customer as opposed to TV advertising which talks to everyone, new tools such as Facebook Pages and Twitter have allowed brands to connect with these consumers for a much cheaper rate, and allowed smaller businesses to connect with customers in a way that was not possible before social media.
Has Social Media Helped Your Business?, Are You Ahead Of The Trend Of Falling Behind?
Full Article:
http://www.freshbusinessthinking.com/news.php?NID=14163&Title=Social+media+networks+vital+to+attracting+customers
£200m Programme Delivers Growth Support To Ambitious Firms
Summary:
An innovative £200m programme to up 26,000 of England's brightest business businesses do their ambition and potential was launched by Vincent Cable in the hope that 55,000 high value jobs will be created. Growth Accelerator is available for companies with genuine potential for rapid and sustainable growth, This new partnership between the Government and private sector will see proven business experts working with companies to find barriers to growth and how to overcome them. This issues will include things such as securing finance,commercializing innovation or developing leadership and management ability.
The View:
The Government certainly seems like they want to help the SME sector, yesterday they launched the new nearly £3m Enterprise Research Centre and today they are launching this scheme to help over 25,000 businesses. As a small business there is a lot of help available it is just very difficult to find.
Inspired By This Scheme?, Is Your Business One Of The 26,000 That Can Benefit From It?
Full Article:http://www.freshbusinessthinking.com/news.php?NID=14169&Title=%A3200+million+programme+delivers+growth+support+to+ambitious+firms
Summary:
A record fall in petrol sales saw UK retails sales volume falls by 2.3% in April. The fuel sector was not the only one that saw a sales fall, sales of clothing and footwear wear also affected by the severe rainfall in April. Factors such as the weather and growing inflation were the main reason sales fell. However analysts are optimistic about the future with a turn in the weather and lots of big events the retailers are hoping for a much better summer period.
The View:
Fairly unsurprised by the sales fall I am however surprised that more sectors are not affected, things are looking better as the weather has improved and the high streets look a little bit easier. Sales of clothing and footwear should increase because of big sporting events such as Euro 2012 and of course a little event that you might have heard of called the Olympics.
Prepared For The Summer?, Is Your Business Improving During The Summer Months?
Full Article:
http://www.bbc.co.uk/news/business-18171600
Second IP Attache Appointed To Support UK Business In India
Summary:
The UK's second largest IP attaché will begin work on 23rd May 2012, the place is central to the governments plans to bolster trade relations and support IP and innovation abroad. Anishka Jha will be based in the British High Commission in Delhi working with representatives from UKTI and FCO to help British business operating in India make the most of the business opportunities there. India is a rapidly developing global market with a middle-income population expected to reach 600 million by 2030 nearly 10 times that of the UK population.
The View:
Well the article says it India is a huge market and it is growing incredibly fast, another positive is that Indian's love British brands which is a huge advantage, few countries have the resources or experience to break into a new market, it will be interesting to see what happens a lot of American brands such as Nike, McDonald's, Disney etc are all taking advantage of this opportunity, also it is easier to get into India then China because they are less restricted.
Will You Expand Into India?, Is This An Exciting Opportunity To Broaden Your Horizons?
Full Article:
http://www.freshbusinessthinking.com/news.php?NID=14162&Title=Second+IP+attach%E9+appointed+to+support+UK+businesses+in+India
Social Media Networks Vital To Attracting Customers
Summary:
Business social media networks continue to revolutionise corporate marketing strategy and over the next two years will be the second most effective tool of acquiring customers, according to research among 2500 UK businesses conducted by Regus.Senoir managers and business owners also said that face to face networking is the best way of generating new business compared to all other techniques. Online advertising will keep its favoured standing but lags significantly behind social media.
The View:
Social media is a big phenomenon and it is only going to get bigger, for the first time it lets businesses speak directly to their customer as opposed to TV advertising which talks to everyone, new tools such as Facebook Pages and Twitter have allowed brands to connect with these consumers for a much cheaper rate, and allowed smaller businesses to connect with customers in a way that was not possible before social media.
Has Social Media Helped Your Business?, Are You Ahead Of The Trend Of Falling Behind?
Full Article:
http://www.freshbusinessthinking.com/news.php?NID=14163&Title=Social+media+networks+vital+to+attracting+customers
£200m Programme Delivers Growth Support To Ambitious Firms
Summary:
An innovative £200m programme to up 26,000 of England's brightest business businesses do their ambition and potential was launched by Vincent Cable in the hope that 55,000 high value jobs will be created. Growth Accelerator is available for companies with genuine potential for rapid and sustainable growth, This new partnership between the Government and private sector will see proven business experts working with companies to find barriers to growth and how to overcome them. This issues will include things such as securing finance,commercializing innovation or developing leadership and management ability.
The View:
The Government certainly seems like they want to help the SME sector, yesterday they launched the new nearly £3m Enterprise Research Centre and today they are launching this scheme to help over 25,000 businesses. As a small business there is a lot of help available it is just very difficult to find.
Inspired By This Scheme?, Is Your Business One Of The 26,000 That Can Benefit From It?
Full Article:http://www.freshbusinessthinking.com/news.php?NID=14169&Title=%A3200+million+programme+delivers+growth+support+to+ambitious+firms
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