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  • Owl Business News Current Issue - Owl Business News
    May There will be a series of events running up and down the country to encourage companies to export their products and services to help ensure the government meets its target of doubling exports to 1 trillion by 2020 There is much potential for British exporters The British Chamber of Commerce claims that consumers in developing economies are willing to a pay a premium for products with a Made in Britain label and the UK is the world s leading exporter of financial and professional services however SMEs in the UK are not taking full advantage of world wide markets Currently over 50 of our exports go to Europe but the government want businesses to set their sights on emerging markets such as the BRIC countries Brazil Russia India and China and the Asian region Research shows that the UK still lags behind Germany as a power exporter Twenty per cent of Chinese medium sized businesses view the UK as their preferred trading partner compared with 34 who favoured Germany Indian medium sized businesses say 15 preferring the UK and 28 Germany And of the five million companies in the UK only one in five are exporters compared with one in four in Germany To address this problem the UKTI and partner organisations are holding a series of events throughout the week including workshops seminars webinars market focussed days and conferences At least one event will be held every day in each of the English regions Over 70 events are planned in total and will address initial exporting queries to problems faced by experienced exporters To view all the events across the UK go to www exportweek ukti gov uk Locally you can catch the Export Week Business Breakfast on 22 May 8am 10am at Oldham Library The event will provide advice and support from UKTI to people with little experience of international trade Speaker Lisa Tomlinson Marketing Director at GGR Group Chadderton will explain the companies journey to a turnover of almost 20M a third of that coming from exports To book visit http www businessgrowthhub com events growth service oblg export week business breakfast LYLM2015 By Deborah Wroe Marketing used to mean doing your shopping Doing your marketing meant visiting your local markets to stock up Traditional markets have been in decline for a wide variety of reasons but they are making a comeback and national events like Love Your Local Market are helping the nation fall in love with markets again LYLM2015 takes place from 13 to 27 May a two week campaign led by the National Association of British Market Authorities NABMA and backed by government and the market industry The theme for 2015 is digital and youth The industry is losing market traders in significant numbers and although nationwide initiatives have attracted new traders the numbers gained are not keeping pace with the loss One of the six major issues likely to affect markets in the next three to five years as identified in the

    Original URL path: http://www.owlbusinessnews.co.uk/owl-issue-88.html (2016-02-17)
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  • Owl Business News Current Issue - Owl Business News
    build a Britain where entrepreneurs can break the mould and take on the world Coming from a small business background myself I know first hand how cumbersome bureaucracy can stifle your ambitions to grow Tourism trade s ten year tactics By Liz Lancashire Tourism in England is worth a whopping 106bn that s 8 8 of our GDP and supports 2 6 million jobs as at 2013 In Oldham alone it brings in 242m annually and 3 257 jobs are supported in Oldham by tourism according to the Leader s blog in April 2014 And rightly so We have magnificent parks enviable theatres culture and heritage a burgeoning new town centre development and to top all that 20 per cent of our borough is situated in the Peak District National Park Forecasts for the tourism industry predict that between 2013 and 2020 there will be an annual growth rate of 4 3 in total tourism spending and the overall economic forecast for England is for the contribution of the tourism economy to rise to 216 5bn by 2025 supporting 3 1m jobs In order to capitalise on tourism s worth five years ago VisitEngland launched the Strategic Framework for Tourism 2010 2020 a ten year strategy to grow the industry by 5 year on year Now mid way through the strategy the tourism landscape has changed politically economically structurally and technologically which is why VisitEngland is reviewing the strategy and conducting an industry consultation to ensure the strategy is relevant and fulfilling the industries needs and asking for input into the future direction of the strategy The survey can be completed here and takes around 15 minutes to complete It will be available to complete until 15 May 2015 Tourism is hugely important to our local economy and not only is it a driver of economic growth but it also provides readily accessible jobs and generates prosperity and regeneration in cities towns and rural areas VisitEngland hopes that the final strategy with provide inspiration and motivation to the industry influence future policies and help to create new partnerships to create sustainable economic growth and employment for the tourism industry in England Digital skills local landscape By Deborah Wroe The 2015 Skills Audit from Manchester Digital the independent trade association for digital businesses in the North West of England presents a slightly more optimistic picture than in 2014 but also highlights deficiencies stalling the provision of skills and talent to support the region s vibrant and growing sector Key themes and insights from the survey show As in 2013 and 2014 employers report a large number of hard to fill vacancies with technical development being the hardest PHP Magento and Java Script were cited as the most difficult roles to fill Developers designers sales and business development are the three roles that respondents cited as most likely to grow in importance 80 of respondents are experiencing growing pains in their businesses Compared to 2014 more of the respondents have dedicated roles

    Original URL path: http://www.owlbusinessnews.co.uk/owl-issue-87.html (2016-02-17)
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  • Owl Business News Current Issue - Owl Business News
    we re to create the skilled workers all business need to survive and thrive By working collaboratively taking one simple step and engaging with young people employers education providers and those taking their first steps into work can all benefit John Allan National Chairman of the Federation of Small Businesses said The frustration felt by young people when trying to find a job mirrors the frustration experienced by small firms when recruiting Our research shows that 61 per cent of our members are not confident they will find a candidate with the right skills to perform the role Small businesses often don t know how to go about offering work experience or find it difficult and time consuming Yet it can be a really valuable way of connecting with young people and identifying staff to fill future vacancies More emphasis needs to be placed on promoting the value of work experience and forging links between schools and business A number of imaginative ideas tabled in Lord Young s Enterprise for All report last year should help such as bringing in Enterprise Advisers to work closely with head teachers and Enterprise Passports to advertise a candidate s range of skills to employers The goal must be to get schools and local employers working together on a shared agenda to support young people and create a clear path from education to the world of work Great British High Street Competition By Liz Lancashire On Friday 12 March the Government launched the second Great British High Street competition giving towns and cities the opportunity to win a share of 50 000 High Streets Minister Penny Mordaunt called on communities across the country to enter the competition and celebrate their success in transforming towns and cities into great places to shop and socialise High streets are a vital part of our economy supporting thousands of jobs in retail and leisure but they are also the heart of all communities providing a great place for friends and family to meet There is so much amazing innovation happening on our high streets We want to reward the great work that is being done to improve these crucial assets as well as showcase ideas which can be a springboard for others to try The first Great British High Street competition last year saw 135 communities battle it out to be crowned the nation s best Belper in Derbyshire emerged as the overall winner The competition run by the Future High Streets Forum is designed to help revitalise high streets by promoting great work and sharing good ideas across the country As well as the cash prize winners will also receive dedicated support and mentoring from industry experts which could range from one to one coaching to advice on digital marketing The competition categories are Best city centre high street Best town centre high street Best market town high street Best coastal community high street Best village high street Best parade of shops Best London high street The

    Original URL path: http://www.owlbusinessnews.co.uk/owl-issue-86.html (2016-02-17)
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  • Owl Business News Current Issue - Owl Business News
    for every part of the country to be a motor of growth for the national economy building on the strength of the Greater Manchester area The Prime Minister said Giving local communities the power and the money to unlock growth and development and make the spending decisions that work for them is a key part of our long term economic plan to secure a brighter future for Britain and ensure a recovery for all And this is happening right here in Manchester with more money announced today for key projects to boost the local economy as part of the multi million pound expansion of the Government s Growth Deals Mike Blackburn chair of GM LEP commented From a business perspective perhaps the most welcome news this time around is the new Skills Capital Programme which demonstrates a clear effort to better align Greater Manchester s skills offer to the sectors that are earmarked for long term economic growth We estimate that this programme has potential to benefit up to 5 400 additional learners Further positive news for Greater Manchester was announced on Thursday 12 February when the Deputy Prime Minister awarded 50 4 million of extra funding from the Regional Growth Fund to help companies in the North West to flourish Since the launch of the fund in 2010 a total of 430 million has been invested in 89 projects across the North West which will create or safeguard around 117 000 local jobs and attract around 2 5 billion of further investment from the private sector Deputy Prime Minister Nick Clegg said of the funding boost A stronger economy means providing equal opportunity for everyone across the UK rather than solely relying on the city of London to bolster UK business The success of the RGF is proof that putting money in the hands of local businesses helps them flourish and creates opportunities for more people to work locally For every 1 the Government has invested through the Fund the private sector has put in 5 50 meaning the total investment is now expected to attract 16 billion of private sector support across the country Rochdale Digital Festival By Deborah Wroe Rochdale Digital Festival the borough s first celebration of digital culture will take place at Number One Riverside on Saturday 28 February from 11 am 3 pm The event aims to de mystify technology and show just how easy and useful it can be for everyone in all areas of daily life According to Rochdale Council offline households are missing out on estimated savings of 560 per year from shopping and paying bills online It is estimated that between 75 and 90 of jobs require at least some computer use Being online also gives people more opportunities to search and apply for jobs Home access to a computer and the internet can improve children s educational performance and if the 1 6 million children who live in families which do not use the internet got online at home

    Original URL path: http://www.owlbusinessnews.co.uk/owl-issue-85.html (2016-02-17)
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  • Owl Business News Archive - Owl Business News
    s first vintage market Revolutionise the Internet of Things with a share of 10m Assessing growth potential in the North Owl Business News is five years old Owl Issue 89 June 2015 Oldham s makers doers and builders The Greater Manchester Textile industry is back Women in care cleaning and catering to receive boost Unlocking online opportunities EU wide Owl Issue 88 May 2015 Local growth Become an expert on export LYLM2015 Take a punt on a pound Owl Issue 87 April 2015 Boost for firms as Small Business Act becomes law Tourism trade s ten year tactics Digital skills local landscape Precise pension prep Owl Issue 86 March 2015 100 000 funding for Failsworth Corridor Youth employment challenge Great British High Street Competition Do you back small business Owl Issue 85 February 2015 Milan Macedonia and Manchester More money for our part of the country Rochdale Digital Festival 1M up for manufacturing grabs Owl Issue 84 January 2015 Hot spot of the North Housing and digital sectors drive jobs growth Drones battery life and tmtpredictions The end of slow broadband for rural businesses Owl Issue 83 December 2014 More jobs better jobs Gaga and George boost GM Corporate human

    Original URL path: http://www.owlbusinessnews.co.uk/archive-issues.html (2016-02-17)
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  • Owl Business News 82 - Owl Business News
    the moment companies set up by women are consistently less likely to export We have hugely increased the number of companies receiving government export support but currently only 1 in 10 of these firms are women led By offering dedicated events support and our introductory guide we will make UKTI s services more engaging and accessible to female businesses and help create new exporters who can take Britain s GREAT products and services to the world It includes examples of women led companies that have successfully cracked international markets such as Sweet Mandarin Sauces The Tse sisters were running their award winning Chinese restaurant when a customer asked if he could bottle some of their barbecue sauce This request grew into a whole business which employs four full time staff and produces approximately 20 000 bottles of sauce per week Following an email business alert from UKTI Lisa Tse applied to join a delegation to SIAL in Paris a major international food show Sweet Mandarin received funding towards the cost of the trip and appeared on the UKTI stand resulting in an order from Russia Another mission to a food and drinks trade fair in Cologne led to meeting with new distributors for Australia New Zealand and the Middle East Sweet Mandarin joined a group of 100 British businesses accompanying the Prime Minister to China in December 2013 A s a direct result of this the business secured a 6m five year export deal to China Lisa said The Prime Minister said he could help us to promote our sauces to China and he kept his word I could tell that being on such a visit really impressed our distributors It showed us to be a credible powerful British brand serious about doing business in China Exporting is crucial for a business to survive but it has its pitfalls Thankfully UKTI is on hand to answer questions make introductions and create opportunities for us to promote ourselves globally Export Week also saw From Local to Global a new guide for first time exporters published fronted by Dragons Den investor and government export ambassador Kelly Hoppen Kelly Hoppen said There are many great examples of women led companies taking their skills and expertise to the world Through the guide we aim to take the fear out of exporting and show that exploring new markets is not only financially rewarding but exciting Higher wellbeing and business innovation By Deborah Wroe The nose to the grind work above all else and no time for a life outside work attitude favoured by some might be headed for Room 101 and stifling the economy according to new research A British Academy funded study found owner managers with a higher level of personal wellbeing are more likely to innovate new products and services The study was conducted by surveying 1 000 business owners across the north of England They answered a series of questions on their exercise habits cultural activities health wellbeing and mood The study

    Original URL path: http://www.owlbusinessnews.co.uk/owl-issue-82.html (2016-02-17)
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  • Owl Issue 84 - Owl Business News
    growth Outside of the housing market we have continued to see sustained demand for digital talent Manchester and the North West as a whole have developed into something of a technology hub in recent years and the recent 1 1billion Media City project has dramatically increased hiring activity Manchester currently employs over 30 000 workers in the digital space and we can expect this figure to continue to rise over the coming years Drones battery life and tmtpredictions By Deborah Wroe Professional services firm Deloitte has published its 2015 technology media and telecommunications TMT predictions for 2015 highlighting key trends impacting on and providing opportunities for the industry The report looks at technological changes that will be led by the consumer and enterprise led changes for example 3D printing drones and Internet of Things IoT will be primarily driven by enterprise but consumer led trends feature strongly with demand for physical books remaining robust and smartphone upgrades reaching a billion According to the report the number of consumer drones in use globally is expected to reach one million for the first time in 2015 with total industry revenues to exceed 125m The commercial and societal benefits of drones will need to be balanced against the damage they can inflict An irresponsibly piloted semi professional 2 kilogram drone whose battery expires in mid flight above a crowd may cause serious injury A drone deployed on search and rescue missions may save lives According to Deloitte s Mobile Consumer survey results UK adults look at their phone 33 times a day on average and Deloitte predicts that one billion smartphones will be purchased as upgrades for the first time in 2015 generating almost 180 billion in sales In the near term smartphones will offer both an ever wider range of functionality such as a fingerprint sensor and enhancement in existing functions such as a better camera A common reason for upgrading in 2015 will be to get a larger screen Peer pressure is likely to be a factor in many decisions to upgrade However just being in the smartphone industry is no guarantee of success and the market is becoming increasingly competitive Vendors will have to consider an increasing number of factors to nurture loyalty As well as the technical specification of the device many soft factors will also make a difference from the availability of technical support to the ease of transferring data between the old and new devices Deloitte predicts that in 2015 nearly 220 000 3D printers will be sold worldwide with a value of just over 1 billion but that the real 3D printing revolution will be for enterprise not for consumers Average broadband speed in most markets should increase by between 15 and 25 however any private or public entity looking to deliver over the top services whether this is video on demand VOD or online tax submissions should consider what ranges of broadband speeds households are able to get Battery life in smartphones is not expected

    Original URL path: http://www.owlbusinessnews.co.uk/owl-issue-84.html (2016-02-17)
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  • Owl Issue 83 - Owl Business News
    region secured 1 3 billion from the budget to help secure his northern powerhouse Greater Manchester s future devolution was confirmed as well as several investments in transport culture and science and innovation The economy is set to benefit from 235million earmarked for a new Sir Henry Royce Institute for advanced materials research and 78million will be allocated to create the Factory theatre and exhibition centre on the former ITV site in Manchester According to the GM Forecasting Model GMFM 109 000 jobs will be created in the region over the next ten years By 2024 around 1 5million people are expected to be working in GM This will create growth of 7 8 over ten years Worth an additional 17 3billion in economic output Skills cluster analysis reveals the top three most sought after specific skills by GM employers for October 2014 were Software and programming skills Marketing Sales Gross median salaries for people working in Greater Manchester are around 25 000 which is in line with 2013 This is slightly below the UK average of 27 200 In good news for travel and transport Manchester Airport handled more than 2 3 million passengers in September 2014 108 000 higher than in the previous twelve months Hotel occupancy rates were at 83 3 up 1 3 percentage points from 2013 and a particular high was reached on 21 October when Lady Gaga performed at the Manchester Arena resulting in an occupancy rate of 98 Another high is expected when results for November are calculated caused by the first weekend of the Christmas markets which are estimated to bring 200 000 into the city centre and has just been voted one of the best in Europe by European Best Destinations In the days leading up to the budget the government committed 800 million to upgrade the entire M62 to a smart motorway allowing the hard shoulders to be used at busy times 170m for the Mottram bypass and agreement to undertake a feasibility study into a TransPennine tunnel linking Manchester and Sheffield Forecasts indicate that 2015 is set to be a successful year for Greater Manchester For more information on the economic standing of the city region see the December issue of Manchester Monitor http neweconomymanchester com stories 1752 Corporate human rights By Deborah Wroe The first wide scale project to rank companies on their human rights performance was launched at the 3rd Annual UN Forum on Business and Human Rights in Geneva Switzerland on 3 December 2014 The Corporate Human Rights Benchmark CHRB will rank 500 of the top global companies from four key sectors agriculture ICT apparel and extractives in a bid to create greater corporate accountability John Morrison of the Institute for Human Rights and Business said The Corporate Human Rights Benchmark will be the first publicly available ranking of corporate policies processes and performance on human rights It will seek to assess the reality behind companies public commitments including what they do to address negative impacts

    Original URL path: http://www.owlbusinessnews.co.uk/owl-issue-83.html (2016-02-17)
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