Will 100k More Apprenticeships Bridge or Break the Skills Gap? FE Soundbite Edition 748
Welcome to FE Soundbite Edition 748, 1st June 2024: Will 100k More Apprenticeships Bridge or Break the Skills Gap? This is the weekly e-newsletter and…
SMEs
What does SME mean?
SME stands for Small and medium-sized enterprises.
What are SMEs?
Small and medium-sized enterprises or small and medium-sized businesses are businesses whose personnel and revenue numbers fall below certain limits.
How many SMEs are in the UK?
At the start of 2023 there were 5.5 million small businesses (with 0 to 49 employees), 99.2% of the total business population. SMEs account for 99.9% of the business population (5.6 million businesses).
Elevating Leadership: The Role of Strong Management in Today’s Global Landscape
Anthony Painter emphasises the importance of effective management in a global context, noting the UK’s leadership challenges compared to countries like the US, Japan, and…
Apprenticeship funding reform a step in the right direction, but long road ahead
Yesterday, government measures to boost apprentice numbers and support for SMEs came into play. While a positive step for closing acute skills gaps, the National…
Prime Minister to announce Apprenticeship Levy Reforms with £60M investment for young people and SME’s
Major package of reforms to support small businesses in PM’s first economic speech since the Spring Budget. Under the new plans, large employers who pay…
New Skills Programme ‘Be the Digital Business’ Launched Today
A groundbreaking new skills funding programme ‘Be the Digital Business’ is being launched today to help thousands of small and medium-sized businesses in England to…
How to take your business to the next level: a guide to successful growth
Start-ups, and small to medium sized organisations are fundamental to the business landscape, in fact, recent figures from FSB show that SMEs accounted for 99.9%…
Building Successful Supply Chain Partnerships
With the government wanting more SMEs involved in the delivery of public services, 3SC director Kathryn Jellings offers tips on how to build effective supply…
Transparency and understanding will help the Apprenticeship Levy debate and its potential reform
The Apprenticeship Levy is an area of live debate within the Skills sector, with fact and fiction often coming together to create polarised positions. In…
Apprenticeships delivering social mobility – follow the evidence
Last week’s inspiring celebrations of apprenticeships across the country served as a timely reminder to us all of the potential that they hold. Indeed, at…
Small firms lead calls for £3,000 apprenticeship incentive for under 25s and SMEs
The Federation of Small Businesses (FSB) is leading calls to introduce the £3,000 apprenticeship incentive for under 25s and small businesses as National Apprenticeship Week…