The UK government does not incent innovation like France and other nations, which impacts its ability to attract and retain large, innovative organizations, said Thomson Reuters in its report. A Business Department spokesperson said: “Innovation is a key driver of economic growth and the Government is fully committed to improving the UKs innovation performance, and ensuring the UK remains the largest European destination for foreign direct investment. “We are continuing to invest in businesses through the Technology Strategy Board, which has a budget of 440 million for 2013/14 and received an extra 185 million boost for 2015/16 in the latest spending review.” Loading Slideshow EasyJet founder, Sir Stelios Haji-Ioannou, was born in Greece. Number of employees: 8,446 (in 2012) Those Weirdly Sensual Adverts Michael Marks, a Belarusian Jew, came to the UK and teamed up with Thomas Spencer to create M&S. Number of employees: 81,223 (in 2012) That Little Bit Of Extra Help Tesco was founded by the son of a Polish immigrant, a certain Mr Jack Cohen. In 1919 he was selling surplus groceries from an East London stall. By 2012 Tesco was worth 24.4 billion. Number of employees: 290,000+ Victory Against Napoleon Nathan Mayer von Rothschild moved to England from Frankfurt. His London bank was a leading funder of the British government during the Napoleonic Wars. That Beer That Goes So Well With Curry Karan Faridoon Bilimoria, or Baron Bilimoria as he is more onomatopoeically known, was born in India before moving to the UK and founding Cobra beer in 1989. Number of employees: 200 The Scourge Phrase Of Anyone Who Works In The Service Industry Harry Gordon Selfridge moved to the UK from Wisconsin and founded the incredibly popular department store that bears his name. He is credited with coining the phrase: “The customer is always right.” Number of employees: 3000 Everyone’s Favourite Blackcurrant-Based Drink Half of the company that produce Ribena, GSK, was initially founded in the UK by American pharmacists Henry Wellcome and Silas Burroughs in 1888. They also produce a substantial amount of the drugs you’ll find in your medicine cabinet. Number of employees: 97,389 A Lot Of Asset Management 236.5 billion worth in fact. Johann Heinrich Schroder was born in Germany before moving to the UK and founding Schroders in 1818.
UK mobile firms join meeting on broadband plan
(UK) Via Acquire Media NewsEdge) TELECOMS groups including the UK’s largest mobile operators will today meet with the Department for Culture, Media and Sport (DCMS) over ongoing plans for the rural broadband rollout. Executives from EE, Vodafone and Three will all attend a meeting to explore ways of expanding coverage using mobile technologies, according to a report from the Financial Times. The DCMS came under fire last week from the government spending watchdog for failing to ensure a competitive process for the 530m of superfast broadband contracts that have all been won by BT so far. Mobile operators last week called on the government to reconsider its plans for the remaining 250m of the rural broadband fund in order to explore alternative options for the Broadband Delivery UK project (BDUK). “The current BDUK process simply will not deliver value for money nor the rural connectivity that Britain needs. The Government should urgently revise the process to encompass wireless 4G in order to make digital Britain a reality,” said a spokesperson for Vodafone UK last week. The rural broadband project is designed to cover 90 per cent of the country with superfast broadband by 2015, but the Public Accounts Committee (PAC) said last week that the DCMS had mismanaged the bidding process for the contracts by not making them competitive enough. “BT will still benefit from owning assets created from 1.2 billion of public funding once the Programme is complete,” the PAC report said. Vodafone, EE, O2 and Three have all committed to reaching 4G coverage of 98 per cent of the UK population by 2015, however the speeds of the 4G mobile internet have not been guaranteed for the coverage meaning that it may fall below what the government consider as superfast. (c) 2013 City A.M.
Poor Internal Systems Have Cost UK SMEs £Billions
The 49-year-old is accused of involvement in the American embassy bombings in east Africa. about 9 hours ago Home Secretary to face questions on terror suspect Home Secretary Theresa May is to be questioned by MPs over why one of the world’s most wanted Al Qaeda terror suspects – captured by US special forces this weekend – was given asylum in Britain. Home Secretary Theresa May will face questions about how an alleged terror suspect slipped through the net. Credit: PA According to reports Anas al-Libi, who was seized on Saturday in the Libyan capital Tripoli, arrived in Britain in the mid-1990s and lived in Manchester after being granted political asylum. The 49-year-old was accused by the US of involvement in the 1998 American embassy bombings in east Africa which killed more than 220 people. Anas al-Libi in a FBI handout. Credit: Reuters/FBI Handout Chair of the Home Affairs select committee, Labour MP Keith Vaz said: “This case raises serious questions about the motives behind asylum and national security decisions in the UK.” Theresa May will face MPs on October 15. about 22 hours ago Al Shabaab deny claims official present during US raid Somalian militant group al Shabaab has said that no “senior official” was in the house in Barawe raided by US forces on Saturday, according to Reuters. “The US claim that a senior Al Shabaab official was in the house is false. No senior official was in the house,” Sheikh Abdiasis Abu Musab, al Shabaab’s military operation spokesman said. “Normal fighters lived in the house and they bravely counter-attacked and chased the attackers. The apostate Somali government is nothing in Somalia, no one asked them for permission to carry out the attack.”
The company develops industry-specific on-premise and cloud solutions for manufacturing, wholesale and distribution, professional services and accountancy businesses. With its headquarters in Delft, the Netherlands, it has been listed on the NYSE Euronext Amsterdam since June 1999 and reported a turnover of EUR 217.1 million in 2012. About HW Fisher: HW Fisher & Company is a commercially astute organisation with a personal, partner-led service aimed at entrepreneurial small and medium enterprises (SMEs), large corporates and high net-worth individuals. By fee income, HW Fisher ranks as a top 30 UK chartered accountancy firm. Founded in 1933, the practice comprises 29 partners and approximately 260 staff supplying a range of services spanning audit, corporate taxation, private client services, VAT, business recovery and forensic accounting, together with a range of sector groups offering specialist industry knowledge. See more at: http://www.hwfisher.co.uk/about-us#sthash.iRWNG5FT.dpuf FisherE@se Limited is the outsourcing arm of HW Fisher & Company , where Mukesh Shah is a Director. The research: The online survey was carried out by independent research company Atomik Research during the second week of September 2013. A total of 450 SME businesses took part in the survey, from various sectors, along with 150 accountancy practices. (1) Metrics used: Figures are based on Department for Business Innovation & Skills figures, taken from its ‘Business Population Estimates for the UK and Regions 2012’ report, which shows that there are 4.8 million SME businesses – of which 20% have said they have failed to invoice for a job at one stage or another (960,000). Each percentage bracket was then calculated using the higher end figure to highlight the maximum that may have been lost (e.g. 24% forgot to invoice for jobs worth 500 – 1,000 – we calculated that total as 24% x 960,000 x 1,000 = 230,400,000). All the percentage bracket totals were then added up.