Market Watch

Danker delivered his first public speech of 2023 on Monday (23 January) at the University College London. The speech reflected on the economic growth approaches of the three Conservative Prime Ministers the UK has seen within a 12-month period and saw Danker arguing that, while incumbent Rishi Sunak should “comfortably” hit his pledge to grow the economy by 0.1% by the end of 2023 , growth could be limited to this level unless he and his Cabinet set their sights higher. Danker argued that a key lever for delivering growth beyond this level, despite economic headwinds, will be innovation in the fields needed to deliver the UK’s legally binding 2050 net-zero target. He emphasised how, given that net-zero targets from nations and regions now cover 91% of global GDP, the UK is in a global cleantech race that it is not winning. He said he is “worried” about the UK’s “complacency on green technologies” and found Chris Skidmore’s recent Net-Zero Review “devastating” . The review pointed out more than 120 interventions that the UK Government would need to make to deliver a ‘pro-business, pro-growth’ transition to net-zero, concluding that there is still time to seize this opportunity but that […]

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Ryan Bushby, a grade setter for California-based Granite Construction, stays most weeknights at a hotel near his Bay Area job site. Hotel owners are lamenting a drop-off in corporate travel during the pandemic as finance, tech and other professionals spend less time on the road. But hoteliers are cheering the boom in travel by blue-collar workers. Construction crews, travel nurses, truckers and sales teams from small and medium-size businesses have packed hotels for much of the past three years.

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New York CNN — For the first time since the early days of the pandemic, most business economists expect their companies to cut payrolls in the coming months , according to a new survey released Monday. Just 12% of economists surveyed by the National Association for Business Economics (NABE) anticipate employment will increase at their firms over the next three months, down from 22% this fall. The share of economists expecting payrolls will decline at their companies ticked up to 19%, according to the survey, which was conducted January 4 to January 11. NABE said this is the first time since 2020 that more respondents anticipate shrinking, rather than growing, employment at their firms. The findings indicate “widespread concern about entering a recession this year,” Julia Coronado, president of NABE and president of MacroPolicy Perspectives, said in the report. The survey found that slightly more than half of the business economists who responded peg the risk of a recession over the next year at 50% or higher, with the biggest risks including higher interest rates and costs. A flurry of layoffs have hit the economy in recent weeks, including ones announced on Monday by Spotify and Rubbermaid parent Newell […]

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The success of any business lies not only in finding the right clients but also in doing so on an ongoing basis. While there’s no shortage of lead generation strategies out there, it can sometimes pay to think outside the box. Taking an unconventional approach can help you connect with leads in unexpected places and in unusual ways. If you’re not sure where to start, try one of the 15 unique and modern ways to generate new leads recommended by the members of Forbes Coaches Council below, where they explain why these strategies can work well to find qualified prospects for your business. Members pictured from left to right. Photos courtesy of the individual members. 1. Determine Your Client Avatar Determining your client avatar (a.k.a., your perfect client) is always a good place to begin. Find out their demographics and spend 80% of your time and budget on these. Of course, Google Ads is the obvious platform to use; anything else would depend on the industry. While some use social media, the ideal approach would completely depend on the industry or niche. – Daren Henderson , Trade Coach Ltd 2. Use Social Media Influencer Marketing Social media influencer marketing […]

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George Mason University is expanding its small business incubator programs to the Town of Herndon, with the aim of empowering more Northern Virginia businesses with high-growth potential. Photo by Getty Images The newest Mason Enterprise Center (MEC) will focus on supporting small, entrepreneurial and emerging businesses while promoting Herndon’s economic growth. Herndon becomes the fifth Northern Virginia locale to partner with the MEC, joining Fairfax, Arlington, Fauquier, and Springfield. The no-cost and low-cost services brought to small businesses include business advisory services and educational workshops from federal and state programs such as the Virginia Procurement Technical Assistance Center (Virginia PTAC), the state Small Business Development Center (SBDC) Network, and the Innovation Commercialization Assistance Program (ICAP) among others. “We are thrilled to continue the success of the Mason Enterprise Centers with this expansion by bringing Mason assets directly into the Herndon business community,” said Paula Sorrell, Mason’s associate vice president of innovation and economic development. In conjunction with partners in Office Evolution and the Town of Herndon, Mason will continue to grow its services, which include access to health insurance, payroll support, and other critical business services in an effort to boost business growth and overall independence to small businesses […]

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Share Salesforce intends to cut 10% of its work force. Salesforce Inc., CRM 3.05% which pioneered cloud software to become one of the largest companies in technology, has hit a rough patch in recent months as slowing growth and employee turmoil damp enthusiasm about its business. On Sunday, The Wall Street Journal reported that Elliott Management Corp. had made a multibillion-dollar investment in the company . In October Starboard Value LP said it had taken a stake in the company . Continue reading your article with a WSJ membership

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The snow-like conditions across the area have caused some schools and businesses to delay or close Tuesday. AMARILLO, Texas (KFDA) – The snow-like conditions across the area have caused some schools and businesses to delay or close Tuesday. You can view a full list of school closings here. To have your business added to the list of closings, email us at newsroom@newschannel10.com . Business closures/delays: Roosevelt County offices will open at 10:00 a.m. on Tuesday. Nonessential personnel have a two-hour delay. Essential personnel report as scheduled. Copyright 2023 KFDA. All rights reserved.

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Studio D3 will soon be moving into the former Quad City Pizza and Beaver’s East building, according to the business’s Facebook page. BETTENDORF, Iowa (KWQC) – A local business, that’s located not too far away from the former Quad City Pizza and Beaver’s East building will soon be moving in. According to Studio D3′s Facebook page, the handmade wooden sign and home décor business will be moving into their new location, 3408 State Street, most recently known as Quad City Pizza, in the near future. Studio D3 posted to their Facebook page on Dec. 13 saying: The studio will be moving into the former, and most recently Quad City Pizza building.(Studio D3) Studio D3 says to stay tuned to their Facebook page for updates and all that they have in the works for 2023 and beyond. The company also said, once they are settled in they will have a grand opening, open hose celebration, with details to come. To learn more about Studio D3 visit the website at https://www.studiod3qc.com/ . Copyright 2023 KWQC. All rights reserved.

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The Central Business District (CBD) skyline is pictured at sunset in Sydney, Australia, June 4, 2021. REUTERS/Loren Elliott SYDNEY, Jan 24 (Reuters) – Australian businesses conditions moderated for a third straight month in December, while price pressures began to ease, pointing to a likely peak in inflation, according to a business survey issued on Tuesday. The results may reduce pressure on the Reserve Bank of Australia to increase interest rates at its next policy-setting meeting, on Jan. 31. The survey from National Australia Bank Ltd (NAB) (NAB.AX) showed its index of business conditions had fallen 8 points to +12 in December, although it remained still well above its long-run average. The measure of confidence, on the other hand, improved 3 points to -1, remaining in negative territory for a second straight month. "Overall, the survey continues to point to a healthy level of activity with above average conditions and elevated capacity utilisation but a slowing in momentum with most indicators pulling back over the past three months or so," NAB said in a statement. "With confidence still in negative territory and well below average, and forward orders moderating further in the month, there are signs that conditions may ease […]

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An "Open" sign for a coffee shop in Ocean City, New Jersey. Photographer: Al Drago/Bloomberg Business openings reached an all-time high in the US last year, with the vast majority of states exceeding pre-pandemic levels, according to Yelp Inc. data. About 637,590 businesses opened on Yelp’s online platform in 2022, compared with 566,836 in 2019. In particular, the number of new businesses catering to homeowners and offering local services soared. But openings of dining, shopping and nightlife establishments — the most hard-hit by the pandemic — continue to remain below pre-Covid levels. The figures add to evidence that the boom in entrepreneurship spawned by the pandemic may be long-lasting . They also show how local economies have rebounded, with big cities seeing a burst in new hotels and beauty businesses. The recovery has been uneven, however. A handful of states are below pre-pandemic levels in terms of growth in openings on Yelp. They include New York and California, two states that have seen their populations decline during the Covid-19 crisis. States that have not surpass pre-pandemic levels of new business growth

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