Last week the Labour party called for the UK to bring in a small business Saturday initiative, an idea which has already taken off in the US. If approved, one day per year would be dedicated to small businesses, with consumers urged to buy local. Read more.
Thursday brought good news for budding entrepreneurs. It was announced that the popular Startup Loans scheme is to be extended to 18-30 year olds, with an additional £30m of funding available. Young people will be able to apply for low-interest loans of up to £2500. Read more.
Next we saw how tough the job market has become, with a graduate who turned to a novel approach to find work. Adam Pacitti claims to have spent his last £500 on a billboard promoting his availability to advertisers. Read more. (A quick update – Adam has secured an interview since we published our story on Friday!)
On Monday it emerged that office workers spend longer at their desks during the Winter, saying they want to stay out of the cold, impress their bosses for an end-of-year bonus, and get work finished before the Christmas break. Unfortunately, workers also reported that they felt less productive in this time. Read more.
And yesterday, we found out that all that overtime is bad for you. A new study revealed that Brits work an average of 1.9 hours of overtime, 3 hours per week, but along with being bad for employees’ work/life balance, extra energy bills mean overtime could be bad for company finances and the environment. Read more.
Keep reading our blog for business news as it happens, as well as our daily features.