OUR BUSINESS BLOG


By Emily Thomson
A shortage of jobs for graduates combined with a growing entrepreneurial culture is helping to create a new generation of 'go-getters' willing and eager to go into business, claims new research.
Almost a third of UK students claim the difficulty in getting a job after leaving university has prompted them to consider seriously the idea of working for themselves.

New research found that almost a quarter of students (23 per cent) are either already running or about to launch their own enterprise before they even leave full-time education.
A survey of students graduating in 2010 and 2011 has revealed a strong entrepreneurial spirit with almost one third (32%) claiming already to have a business idea and making plans to become entrepreneurs in the near future.



By Alan Wright
Banks that refuse to increase their lending to help small businesses with cash flow could see their profits and bonuses taxed by an angry government.

It is estimated at least £50 billion of new money could be generated by the high street banks if they cut back on dividends to shareholders and limited bonuses for bosses.

UK Business Secretary Vince Cable has accused the banks of turning a deaf ear to the cries of small and medium sized firms who claim they are finding it hard to access finance despite the insistence of the banks that they were meeting 80 per cent of requests.