Category: Financial

Millions of UK workers will be able take home more of their hard-earned cash under new legislation, backed by the government, banning employers from withholding tips from their staff.

Despite most hospitality workers – many of whom are earning the National Minimum Wage – relying on tips to top up their pay, there are still sadly too many businesses who shamefully fail to pass on service charges from customers to their staff.

The Employment (Allocation of Tips) Bill, introduced by Dean Russell MP and backed by the government, will ensure that all tips go to staff by making it unlawful for businesses to hold back well-earned service charges from their employees.

This overhaul of tipping practices is set to benefit more than 2 million UK workers across the hospitality, leisure and services sectors – who tend to reply on tips the most – and will help to ease pressures caused … Read more

SMEs in the UK are facing an increasingly competitive market. In order to stay competitive and grow, SMEs need to find new and innovative ways to engage with customers, streamline their operations, and improve their bottom line.

One solution that can help SMEs achieve these goals is the use of ChatGPT, a powerful language model developed by OpenAI.

ChatGPT is a natural language processing (NLP) model that can understand and respond to human language. This makes it an ideal tool for SMEs looking to improve their customer engagement and support. With ChatGPT, SMEs can create chatbots that can handle a wide range of customer interactions, from answering basic questions to resolving complex issues.

One of the biggest advantages of using ChatGPT for customer engagement is its ability to understand and respond to natural language. This means that customers can interact with the chatbot in the same way they would with … Read more

Playing Escape from Tarkov can be a difficult and intense experience.

With the game’s realistic graphics and sound, it can be hard to survive in the world of Tarkov. However, using hacks and cheats can make the game more enjoyable for players. Cheats such as aimbot, ESP, wallhack, radar hack and god mode allow players to have an edge over their opponents.

What Makes Escape From Tarkov So Popular

Escape From Tarkov is a first-person action MMORPG/Simulator developed by Battlestate Games. It is a hardcore and realistic game that focuses on realistic combat, survival and a story-driven walkthrough.

The game has become increasingly popular due to its unique blend of realistic combat, intense PvP action, and immersive storyline. Players can choose from a variety of weapons, armor, and equipment to customize their character’s loadout. Additionally, Escape From Tarkov offers an expansive map with various locations to explore, as well as … Read more

Building on the success of its launch event, the Evening Standard’s SME XPO 25-26 April 2023 at ExCeL London, once again invites founders, entrepreneurs and business leaders to attend an action-filled two-day programme and exhibition connecting the scaleup community, a vital part of the UK economy.

Irene Graham OBE, CEO from The ScaleUp Institute outlined the significance of this business category: “Scaleups are vital for the UK’s current and future economic prosperity.

As our most ambitious and innovative businesses, who contribute over 50% of the UK’s SME economic output, they have the power to generate economic growth and high-skilled jobs in every locality and sector, and we know that, even in these uncertain and challenging times, they want to push ahead on growth, innovation and internationalisation.

An event such as SME XPO can play an important part in focusing on our scaling community and connecting them to the ecosystem that … Read more

Small businesses are pivotal in reviving the UK economy, and they play a vital role in creating jobs and driving economic growth. However, high inflation and rising energy costs can present significant challenges for small businesses.

These challenges can make it difficult for businesses to maintain profitability and continue to operate successfully. In this blog post, we’ll explore some strategies that small businesses can use to mitigate the impact of high inflation and rising energy costs and continue to thrive.

One strategy small businesses can use to deal with high inflation is to review their pricing and consider raising prices on goods or services.

By increasing prices, businesses can offset the cost of inflation and maintain profitability.

However, it’s important to consider the impact on customers and the competitiveness of the market before implementing any price changes. For example, a small coffee shop could raise the prices of their coffee … Read more