British firms continue to hire staff but output is struggling to pick up, meaning the UK's already "alarmingly" low productivity levels are likely to get worse, according to the latest Business Trends Report.
Consumers remained in a "cagey" mood about the state of their personal finances and the general economic picture in March, although they felt slightly more confident about making big purchases, according to new research.
More than 63 per cent of British small and medium sized enterprises (SMEs) are exporting and making a significant contribution to rising international trade by taking advantage of declines in the value of the pound, according to new research.
David Hughes sums up his entrepreneurial career to date thus: four spectacular successes and two failures. He founded the sports retailer Allsports and achieved turnover of £180 million before a vicious price war meant decline, administration in 2005 and a sell-off to rival JD Sports.