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TRADE
MISSION TO INDIA, 21 - 25 FEBRUARY 2005
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 The
London Chamber of Commerce and UK Trade and
Investment is organising a Trade Mission to
the prestigious Gartner BFSI Summit in Mumbai
on 24 February 2005 and invite your company
to join the mission. A
contribution of £550 towards travel
costs is available to eligible companies joining
this mission. 
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SKILLED
ASIAN WORKERS ARE UNDER USED |
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 A
study published today by Skills for Business
reveals employers pay ethnic minority workers
less money than their white counterparts.
The report shows the average hourly earnings
for white men to be £9.03, but this
falls to £6.74 for Pakistani men. And
this isn't entirely arising from differences
in education.
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ASIAN
WOMEN UNDERPAID SAYS EOC |
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 Ethnic
minority women are well educated but not doing
as well financially as their white colleagues
according to research launched today by the
Equal Opportunities Commission (EOC). Ethnic
minority women and men, the EOC's new statistical
briefing, provides a snapshot from ethnic
minority groups.
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KARAN
BILIMORIA IS LONDON BUSINESSMAN OF THE YEAR |
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 The
London Business Awards has recognised Karan
Bilimoria CBE, DL, Founder and Chief Executive
of Cobra Beer, as Business Person of the Year
2004. This year, the LCC and The Evening Standard,
threw the contest open to the newspaper’s
readers. Based on the votes in a telephone
poll, Bilimoria was awarded “Business
Person of the Year” with 60% of votes.
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GLASGOW
LOOKS TO PAKISTAN - 24 NOVEMBER 2004 |
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 On
24 November 2004, a seminar on Software Services
Opportunities will be held in Glasgow. The
seminar will be presented by Hammad Siddiqui
from the British Deputy High Commission in
Karachi, Pakistan. The
software industry within Pakistan is estimated
to be worth $25 million.
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PAKISTAN
PROSPECTS - 23 NOVEMBER 2004 |
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 Pakistan’s
growth rate of 6.4% this year has positioned
it amongst the world’s four fastest growing
economies. Britain already has a special relationship
with Pakistan, with exports to Pakistan amounting
to £300m in 2003, a market share of
about 8.6%. This LCC seminar hopes to give
UK businessmen an insight into Pakistan.
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LONDON
BIDS FOR INDIAN BUSINESSES |
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 In
his address to the conference, which brought
together key players from London’s Indian
businesses and notable speakers from India
in 1 September 2004, the Mayor Ken Livingstone
paid tribute to the substantial contribution
London’s Indian community makes to London’s
economy, culture and creative industries.
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REDHOTCURRY
SHORTLISTED FOR STARTUPS AWARDS 2004 |
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 Redhotcurry.com
has been shortlisted for the Startups Awards
2004, that are dedicated to rewarding and
celebrating the best business startups. The
awards recognise achievement across 13 categories
with the overall winner collecting a £5,000
prize on 15 October.
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RICHARD
BRANSON IS TOP ROLE MODEL FOR ASIANS! |
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 Richard
Branson has topped the list of UK Asians'
most inspirational business role models in
a straw poll by the British Library. Six non-Asians
also feature in the top ten including Bill
Gates and Anita Roddick. A total of 186 people
completed the survey, contained in a feedback
report at a series of Asian Business Events
at the British Library, showcasing the Library's
services for entrepreneurs and businesses.
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ASIAN
JOB APPLICANTS STILL DISCRIMINATED AGAINST
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 Ethnic
minority applicants are still discriminated
against in UK jobs market a study by BBC Radio
Five Live suggests. The station mounted an
undercover survey lasting ten months, in which
dummy CVs were sent out to a wide range of
companies in response to recruitment ads.
For each vacancy, two applications --- one
male and one female were sent.
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NINE
NEW APPOINTMENTS TO THE SMALL BUSINESS COUNCIL |
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 Trade
and Industry Secretary, Patricia Hewitt, today
announced the appointment of nine new members
of the Small Business Council (SBC). The new
members are: Andre D Ive, John McLaren-Stewart,
Ilyas Patel, Sally Preston, Fiona Price, John
Reynolds, Sean Taggart, Janice Ward and Candida
Whitmill. They will advise
on issues affecting small businesses.
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CAB
ADVICE ON AVOIDING WORKPLACE VICTIMISATION |
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 The
Citizens Advice Bureau is urging anyone who
has experienced discrimination at work because
of their religious beliefs to contact them
for free, confidential advice. New legislation
designed to extend protection against discrimination,
harassment or victimisation by bosses or colleagues
in the workplace to cover religion or belief,
was introduced in 2003.
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PHARMA
FAMILIES: THE KENYAN ASIAN STORY |
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 Every
entrepreneur is supposed to have a different
story to tell, but it's not true in the case
of the British pharmaceutical distribution
industry. The astonishing fact is that six
of the most successful companies supplying
medicines to Britain's pharmacies and hospitals
are owned and managed by Kenyan Asians. It's
a story of enterprise overcoming adversity.
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THE
MAN FROM THE PRIORY - DR. CHAI PATEL |
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 In
January, several tabloids ran news stories
claiming that the nation's teenagers were
dangerously hooked on text messaging. Almost
inevitably, the Priory clinic was linked to
the stories, its staff said to be 'bracing
themselves' for an influx of texting addicts.
Dr Chai Patel CEO of this major supplier of
healthcare to the NHS, has been accused of
profiteering at the public's expense. David
Butcher dispels some myths.
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LAKSHMI
MITTAL'S RING OF STEEL |
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 Lakshmi
Mittal comes from a wealthy Indian steel family
- his father, Mohan Lal Mittal, ran a steel
business, Nippon Denro Ispat. For the past
16 years, Lakshmi Mittal, the 'Carnegie from
Calcutta' has built a fortune out of steelworks
that rivals had thrown on the scrapheap. Bob
Jones charts his controversial career.
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GRIFFITHS
CELEBRATES SUCCESS AT PHOENIX FUND AWARDS |
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 Some
of Britain's best projects to encourage enterprise
in disadvantaged areas were honoured by Small
Business Minister, Nigel Griffiths. Eight
projects won, including Kiran Mehnaz of Rivaaz
Collections, Burnley and the Ethnic Minority
Enterprise Sew-East project that works with
businesses in the clothing industry of the
East End of London.
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'THE
SILK ROAD TO SUCCESS' - ASIAN ENTREPRENEURS
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 A
season of panel discussions featuring Asian
business leaders and role models including
Sir Gulam Noon and film director Shekhar Kapur
are being held at the British Library starting
on Tuesday 11 May, 6.30 - 8.30pm. Lisa
Aziz, Sky News presenter, Parminder Vir, head
of diversity at Carlton Television, and Adam
Shaw, presenter of BBC Two's Working Lunch
will chair the events on 11 May, 29 June &
20 July.
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FINANCIAL
AID FOR LONDON'S CREATIVE INDUSTRIES |
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 At
the launch of Creative London today (26 April
2004), a major package of support for London's
creative industries was announced to boost
the capital's reputation and performance as
a leading world centre of creativity. This
includes: £50
million seed fund launched to support creative
businesses, ten
creative hubs to be established across London,
a property
advice service and support
from leading creative names.
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'RACISM
STILL RIFE IN BRITAIN'S WORKPLACES' SAYS TUC |
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 Racism
is still blighting the lives of Britain's
black workers, despite the success of schemes
like the 'New Deal' which have not benefited
black workers as much as their white counterparts.
The TUC is calling on the Government to introduce
a legal requirement for private sector employers
to promote good race relations in their organisations.
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MAKING
A MINT FROM MOZZARELLA! |
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 Franchising
is becoming an increasingly popular option
for business people from ethnic minority backgrounds.
Currently 7% of all franchisees in the UK
are 'non-white' (source: British Franchise
Association 2004) and of new franchisees i.e.
those who have held their franchise for two
years or less, that proportion has risen to
9%. However within the Domino's Pizza network
approximately 40% of its 120 franchisees are
from ethnic minority backgrounds.
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ASIAN
BUSINESS AWARDS 2004 |
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 Winners
of the Asian Business Awards 2004, include
food manufacturers: Sir Gulam Noon, Charan
Gill and Shehzad Husain. Stylist to the celebrities,
Kal Kaur Rai snapped up the young achiever
award and Jogar Dhinsa was awarded best newcomer.
The 'Business of the Year' went to nursing
care homes specialist Ramesh Sachdev.
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SMALL
BUSINESS MINISTER UNVEILS £10.5M FUNDING |
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 Small
Business Minister, Nigel Griffiths, announced
£10.5 million funding for 25 schemes
that will help to deliver investment to disadvantaged
communities around the country. The finance,
which comes from the Small Business Service's
(SBS) 'Phoenix Challenge Fund', will boost
entrepreneurship amongst deprived areas by
providing continued support to the of Community
Development Finance Institutions (CDFIs).
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CASH
BOOST FOR NEW ETHNIC ENTREPRENEURSHIP CENTRE |
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 A
new centre of expertise which aims to develop
world class research into ethnic minority
entrepreneurship has been boosted by a £115,000
grant. The Centre for Research in Ethnic Minority
Entrepreneurship (CREME) at De Montfort University's
Leicester Business School won the funding
from the East Midlands Development Agency
(EMDA).
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HEWITT
WELCOMES IMPROVED BUSINESS LINK PERFORMANCE |
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The
Secretary of State today spoke at the Federation
of Small Business (FSB) conference in Blackpool
where she welcomed new figures showing improved
performance in the Business Link network.
She also welcomed the Chancellor's budget
statement which outlined measures for the
delivery of regional and local Business Link
services.
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SMALL
BUSINESSES SHOULD BE AWARE OF EQUALITY LAWS |
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 The
Commission for Racial Equality today emphasised
that being positive about racial equality
makes good business sense. Addressing the
annual Federation of Small Businesses conference,
CRE Chair, Trevor Phillips, stressed the CRE's
desire to help small businesses become prosperous.
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RACIAL
EQUALITY AND THE SMALL BUSINESS - A GUIDE |
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 The
CRE has launched a new CD-ROM guide for small
businesses. 'Racial equality and the smaller
business - a guide' offers clear, practical
advice to help businesses develop policies
and procedures that avoid unlawful discrimination
and ensure equality.
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ALL
THE GLITTERS IS GOLD! - BOLLYWOOD FUND LAUNCHED |
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 Media
Vision Management has launched a new Investment
Fund - 'The Bollywood Media and Entertainment
Fund - offering investors the chance to invest
in film production in India.
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'HER
BUSINESS' PROJECT LAUNCHED |
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 The
Her Business project was launched on 20 February,
with over 300 female entrepreneurs attending
the launch event in East London. The EU funded
project is offering a child-friendly networking
environment, inspirational business speakers
and opportunities to speak to a business advisor.
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ASIAN
BUSINESSES ARE MOST ENTERPRISING |
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 Members
of the Asian community are twice as likely
as mainstream Londoners to start up their
own businesses in the next three years according
to a new survey conducted by Business Link
for London. 'The 2004 Londoneurs Survey',
is an opinion poll of 250 Londoners, building
a picture of where people seek business advice,
how they plan to raise money for starting
up, as well as their recipes for success.
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BRITS
TO CAPTURE 10% OF INDIAN TRACTOR MARKET |
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 Trantor(r)
Vehicles Ltd, a small tractor manufacturer
in Lancashire, has signed a deal with one
of the leading tractor manufacturers in India
. Under the agreement, HMT will manufacture
Trantor Vehicles' tractors in its 850-acres
Pinjore-Haryana factory complex in India and
sell them through its 400 dealers across the
subcontinent.
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TRANSPORT
COSTS SOAR FOR UK HOUSEHOLDS |
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 The
average UK household spent £406 per
week in 2002-03 with transport being the largest
area of expenditure according to the latest
Expenditure and Food Survey. The average household
spends £59 per week on transport, including
buying and running vehicles as well as public
transport fares. Spending on recreation represented
the second highest outgoing.
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LONDON'S
SME'S HELD BACK BY POOR MANAGEMENT |
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 Management
weaknesses and insufficient business planning
appear to be hindering the performance of
London businesses.
Although the independent survey of more than
4,000 London firms showed that the capital's
businesses were faring well despite tough
economic conditions, it also showed how much
better they could do if they adopted basic
management practices.
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YOUNG
ENTREPRENEURS GIVE SOMETHING BACK |
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 Four
young entrepreneurs have joined forces to
put something back into the community. Tauqir
Ahmed, Raza Sharif, Sohail Khan & Conrad
Wilson have formed an organisation called
Learn 4 Work to give free computer training
to disadvantaged people, helping them find
jobs in IT.
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HEALTH
& SAFETY EXECUTIVE TELLS ASIANS TO WORKSMART |
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 The
Health & Safety executive have launched
a new TV mini-series, entitled 'Work Smart'
targeted at UK Asians. The new real-life 'Work
Smart' mini-programmes on health and safety,
all featuring Asian participants, last 45
seconds, and feature a personal story about
a health or safety incident in the workplace.
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REMOVING
REGULATORY BURDEN ON BUSINESS |
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 The
Government's Regulatory Reform Action Plan,
announced today by the Chancellor in his Pre
Budget Report, has over 650 deregulatory measures
to benefit business, charities and the public
services. The plan brings together reforms
to simplify and remove existing burdens across
government.
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ASIANS
FAIL TO REACH THE TOP
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 What
does it take to reach the top position in
Britain's Corporate Sector? Are a good education
and ambition enough to guarantee you a fast-track
route? Or do Asians actively opt-out of the
corporate sector preferring to "go it
alone" as entrepreneurs? These and many
other issues were discussed by CRE chair Trevor
Phillips who described the "snowy peaks"
syndrome as a trend that characterises the
private sector.
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ASIAN
BUSINESS ASSOCIATION - CELEBRATION OF FESTIVALS |
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 The
London Chamber of Commerce Asian Business Association held its Celebration
of Festivals on Monday 1 December 2003 at Clerkenwell's Cafe Lazeez
restaurant. Nearly 200 guests enjoyed an evening of targeted networking,
strengthening business relations with food and drink!
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ALL
WORK, LOW PAY |
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 The
Department of Trade and Industry (DTI) and
Inland Revenue have launched a new video "All
Work, Low Pay" which is a short drama
to help people from ethnic minority backgrounds
understand their entitlement to the National
Minimum Wage. The National Minimum Wage was
introduced on 1 April 1999. The current rates
are £4.50 per hour for workers aged
22 and over.
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BUSINESS
LINK FOR LONDON APPOINTS ASIAN CHAIRMAN |
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 Business
Link for London, the small business advice
and support service for the capital, has appointed
Asian, Afzal Akram as it's new non-executive
Chairman to succeed Alan Coates. Afzal, at
35 years of age, is one of the youngest people
to be appointed as Chairman of a private/public
sector Board and is also an inaugural member,
having served as a non-executive Director.
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SONAR
- A JEWEL OF EAST LONDON |
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 The
launch of the SONAR project, by Newham's College's
Centre for Innovation & Partnerships (CIPS)
and the Newham Chamber of Commerce, may ensure
a sparkling future for East London's new and
established jewellery designers, manufacturers
and retailers. CIPs
decided to extend its support, via Sonar,
to the local jewellery traders in Green Street.
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"BRINGING
SPACE DOWN TO EARTH" |
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 While
most of us have high tech dreams of one sort
or another, few are able to translate their
dreams into reality. Well that has all changed.
When it comes to successful businesses, Mohan
Ahad, Candace Johnson, and Partha Dey demonstrate
that the sky is merely another frontier to
be crossed. They
reach beyond the skies for their gratification.
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BRITISH
ASIANS & CORPORATE CITIZENSHIP |
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 Issues
such as the role of business in society, the
behaviour of global firms, the contributions
of ethnic minorities, and the prospects for
racial integration and community cohesion
are very much in the news these days. To discuss
many of these issues, The Centre for Social
Markets (CSM) held its National Conference
on 15 October 2003 at the IOD in London.
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HEWITT
URGES TOP COMPANIES TO BE MORE RACE AWARE |
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Trade
and Industry Secretary Patricia Hewitt today
wrote to 500 of Britain's top companies to
urge them to join Race for Opportunity (RFO).The
RFO organisation offers specialist support
and advice to British businesses, and provides
benchmarking to rate how ethnic minorities
are treated in companies as employees and
as customers.
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ALL
BOYS AGAIN FOR "BUSINESS OSCARS"! |
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 The
120 finalists competing for the 2003 UK "Business
Oscars" were announced today (30 September
2003). Although ethnic minorities are represented
with Shelim Hussain of EuroFoods UK and Surinder
Arora of Arora Holdings competing for the
Entrepreneur of the Year Award, there are
no women shortlisted in the Business Leader
of the Year category.
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ASIAN
WOMEN STILL FACE OBSTACLES IN BUSINESS |
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 Women
from minority ethnic backgrounds still have
to overcome social, cultural and institutional
obstacles if they want to start their own
businesses according to research carried out
by Manchester Metropolitan University Business
School. The survey of two groups of women
from the Oldham and Rochdale areas looked
at their motivations for starting a business.
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more |
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ASIAN
WOMEN ENTREPRENERUS ON THE "INSIDE TRACK" |
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 DAWN,
the hub for dynamic Asian women, today announced
the launch of its very first Entrepreneurs
Programme. Heavily subsidised, the £50
five-session programme (worth £200 to
other delegates) is designed to help Asian
women develop new concepts and plan business
ideas. Sessions run from October 4th to November
8th 2003.
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MUMS
& HOUSEWIVES DRIVE FEMALE ENTREPRENEURSHIP |
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 Mums
and housewives are an important source of
female entrepreneurs. Non-working women are
just as likely to start a business as those
in work, unlike men in the same position,
according to Barclays figures. Barclays quarterly
Start-ups and Closures survey reveals that
2.5 per cent of working women in England and
Wales are in the process of starting a business.
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more |
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TIE
UK ANNOUNCES AUTUMN 2003 BUSINESS EVENTS |
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 TiE
UK, a non-profit global network of entrepreneurs
and professionals, has announced its Autumn
2003 season of business events. On 17th September,
former Bank of England Monetary Policy Committee
member, Sushil Wadwani who will discuss the
Global Economy.
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more |
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BFA
CALLS FOR MORE ETHNIC FRANCHISEES |
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 As
part of National Franchise Week (8-14 September),
the British Franchise Association (BFA) is
hosting a free all-day seminar event in Birmingham
entitled "Creating Equal Access to Franchising"
on Wednesday 10 September. The event is targeted
at growing the number of minority groups in
franchising.
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more |
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UK
BUSINESSES NEED TO EMBRACE DIVERSITY IN HR |
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 UK
employers risk skills shortages, recruitment
and retention problems and costly tribunal
claims if they fail to promote equality and
value diversity claim the organisers of Job
Scene - a recruitment roadshow. Research by
Opportunity Now states that by 2010 only 20
per cent of the UK working population will
be white, male, able-bodied and under 45.
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more |
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FAIR
TERMS FOR LONDON'S PUBLIC SECTOR WORKERS |
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 Mayor
of London, Ken Livingstone, today welcomed
representatives of London Boroughs and trade
unions to City Hall to discuss the promotion
of fair employment in public sector procurement.
Speaking at the seminar, he gave the example
of two contractors who had agreed to a fair
employment clause in their contracts with
the Greater London Authority.
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more |
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BRITISH
LIBRARY OFFERS UK ASIAN BUSINESS INFORMATION |
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 A
new section providing comprehensive coverage
of the UK's Asian business and cultural resources
has gone live on the British Library's website.
About 75% of all convenience and off-trade
outlets in the UK are Asian owned, highlighting
the importance of Asian businesses to the
UK economy.
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more |
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BILL
CLINTON CHALLENGES UK ASIAN ENTREPRENEURS |
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 Former
US President Bill Clinton has challenged UK
Asian entrepreneurs to use their success and
position to make a difference in their local
communities and in the Indian sub-continent.
"Communities cannot live in isolation
if we are to address racial and cultural intolerances,"
he said, speaking at the ABi Annual luncheon
at the Royal Opera House on July 3 2003.
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more |
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TWO
NOTABLE ASIANS NAMED 'ENTREPRENEURS OF THE
YEAR' |
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 Karan
Bilimoria of Cobra Beer and Bharat Shah of
Sigma Pharmaceuticals were among those recognised
for their 'exceptional entrepreneurial skills'
at this year's Ernst & Young UK Entrepreneur
of the Year Awards (London & Central Region
respectively). Mr
Bilimoria beat off stiff competition to win
the Consumer Products Award.
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more |
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CURRY
ON THE MENU AT INTERNATIONAL FOOD FAIR |
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 Asian
and Black food businesses were given the chance
to meet trade buyers face to face yesterday,
thanks to Business Link for London and Foodwise,
who staged a "Meet the Buyer" International
Food Fair in Borough Market, near London Bridge.
The event was designed so that suppliers could
make business contacts and network.
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more |
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NARAYANA
MURTHY - WORLD ENTREPRENEUR OF THE YEAR |
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 Indian
billionaire, Narayana Murthy, who started
his software company 22 years ago with US$250
and who still lives in a modest apartment
was named Ernst & Young's 2003 World Entrepreneur
Of The Year (WEOY) at an award ceremony in
Monte Carlo on 7th June 2003. Mr Murthy is
the first Indian and seventeeth WEOY winner.
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more |
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BRITISH
FIRM EXPORTS CURRY TO TENERIFE |
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 A
British owned company is set to become a saviour
for thousands of UK holidaymakers and ex-patriates
looking for 'home-from-home' comforts. With
the assistance of Trade Partners UK, Bombay
Bangers is exporting its 'Quick Curry Fix'
convenience food to the isle of Tenerife.
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more |
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BOLLYWOOD
NETS CASH FOR UK ASIAN BUSINESSMEN |
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 The
current Bollywood boom has led to a greater
demand than ever before for multi-cultural
talent both in the UK and the Indian sub-continent,
which presented a golden opportunity for Wembley
entrepreneur Waseem Alyaz. Together with business
partner Proby Patel, Waseem set up UK Talent
Spot - a specialist "East meets West"
talent agency.
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more |
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RACISM
STILL PERVADES BRITAIN'S WORKPLACES SAYS TUC |
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 Britain's
black and ethnic minority workers say that
real progress has been made in combating race
discrimination at work over the past 10 years,
but that racism persists. These findings are
revealed in a TUC report 'Black voices at
work' out today. The
report calls on the Government to extend race
relations laws to require all employers to
positively promote race equality.
read
more |
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ASIAN
BUSINESS AWARDS 2003 |
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 The
annual Asian Business Awards honour the contribution
and significant achievements of Asian entrepreneurs
in Britain, and acknowledge the important
role of Asians in shaping British society
today. Eastern Eye newspaper, organisers of
the Awards, announced this year's winners
at a special ceremony held at the Natural
History Museum on 25th March 2003.
read
more |
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BOSSES
PAY LIP SERVICE TO DIVERSITY |
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 Nearly
half of senior managers do not believe their
boardroom colleagues are committed to strategies
that will attract minority groups into the
workforce, according to a Recruitment Confidence
Index Hot Topic report.
read
more |
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ENTREPRENEURS
AS 'POP IDOLS'? |
|
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 A
new drive to champion entrepreneurs and
inspire youngsters to consider a career
in business was launched by Small Business
Minister Nigel Griffiths today. The
new Shell LiveWIRE on-line mentoring scheme
provides young entrepreneurs expert advice
from peers who are business owners themselves.
read
more
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CHILD
ENTREPRENEURS? |
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 Giving
every child an experience of enterprise by
the time they leave school is to be a part
of the new three-year strategy for small businesses,
unveiled today. The strategy is designed to
encourage more people to have the ambition
of starting their own business and steps to
ensure every chance of success.
read
more |
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UK
ENTREPRENEURS FARING WELL IN ECONOMIC DOWNTURN |
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UK
entrepreneurs are faring well in the face
of global recession, according to a new survey
published today. The Global Entrepreneurship
Monitor (GEM) 2002, a worldwide survey of
entrepreneurial activity, represents the largest
single study of entrepreneurial activity in
the world.
read
more |
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GOVERNMENT
TO ENCOURAGE BLACK ENTREPRENEURS |
|
| |
 The
Government will encourage more black people
to start up in business to narrow the gap
between African-Caribbean start-ups and new
Asian businesses, Small Firms Minister Nigel
Griffiths said today. Addressing top ethnic
entrepreneurs at a conference in London, he
said the Government wanted to boost ethnic
minority start-ups across the board, but that
narrowing the gap was a key priority.
read
more |
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LOAN
GUARANTEE SCHEME EXTENDED TO SMALL RETAILERS |
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| |
Thousands
of small businesses will find it easier to
obtain bank loans because of changes announced
in today's Pre Budget Report. From 1 April
2003, a whole new raft of sectors - including
retailers, caterers and motor mechanics -
will be eligible for the Small Firms Loan
Guarantee Scheme, whereby the Government provides
a guarantee encouraging banks to lend to small
firms.
read
more |
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HEWITT
UNVEILS "SHAKE-UP" OF BUSINESS SUPPORT |
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Trade
Secretary Patricia Hewitt today announced
a radical package to reform DTI business support,
worth up to £1billion per year. In future
business support will be directed where it
can be seen to drive up productivity to increase
prosperity in key areas: enterprise, investment,
innovation and skills - and where there is
clear evidence of market imperfection.
read
more |
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NASA
KHAN NAMED UK'S ENTREPRENEUR OF THE YEAR 2002 |
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| |
 One
of the UK's leading young business visionaries,
Nasa Khan, was today crowned winner of The
National Business Awards Entrepreneur of the
Year. The
30-year-old Chairman of The Accessory People
plc, which manufactures and distributes cellular,
data and computer accessories, took the top
honour in London's Park Lane Hilton.
read
more |
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THE
39 STEPS TO BOOST BUSINESS SUPPORT |
|
| |
 A
new report published today recommends that
the Small Business Service (SBS) is tasked
with an enhanced role within Whitehall to
boost the quality of services for small firms.
The Cross Cutting Review of Government Services
for Small Business reviews the wide range
of services operated by government aimed at
helping small enterprises, and increase their
efficiency and effectiveness.
read
more |
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ASIAN
"LIVE WIRES" PICK UP TOP BUSINESS
PRIZE |
|
| |
 Afzaal
and Aftab Ahmed, founders of 3D animated puzzle
company Fixits, won the prestigious title
of Shell LiveWIRE Young Entrepreneur of the
Year 2002 and £10,000 in prize monies.
The
Awards are now in their 20th year.
read
more |
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GOVERNMENT
HELPS SMALL BUSINESSES ACCESS EU FUNDS |
|
| |
 Small
businesses wanting to tap into European funding
opportunities will be given a helping hand
today when the Small Business Service publishes
a new guidance pack, "Access to EU Funding".
The guidance is the definitive document for
small firms wanting to know what kind of loans
and grants are available in Europe. It helps
them decide what they can apply for, and includes
a comprehensive contact list.
read
more |
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SHORTAGE
OF ASIAN MANAGERS IN THE UK SAYS RFO |
|
| |
 What
do Lloyds TSB, BT, Ford, ASDA and the British
Aiports Authority (BAA) have in common? Apart
from re-defining their products and services
to capture a major slice of the £12-£15
billion spending capacity of the ethnic market,
they are embracing diversity and are integrating
it within their HR (human resource) policies.
read
more |
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NEW
DRIVE TO BOOST SMEs' ACCESS TO GOVERNMENT
TENDERS |
|
| |
 A
new government initiative designed to encourage
public sector buyers to consider the potential
benefits of tendering with smaller suppliers
was announced today by Paul Boateng, Chief
Secretary to the Treasury and Nigel Griffiths,
DTI's Minister for Small Business. The publication
'Smaller Supplier... Better Value?' is part
of the 'Think Small First' drive which urges
all parts of government to think about their
role in supporting the enterprise society.
read
more |
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NEW
PROPOSAL TO BOOST ETHNIC START-UPS
|
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Women,
ethnic minorities and disadvantaged areas
targeted for new start-ups. The
new drive to boost the enterprise culture,
encourage more people to set up their own
business and reduce the barriers facing start-up
firms was announced today by Minister for
Small Business Nigel Griffiths.
read
more |
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BANKS
ACCUSED OF "RIPPING OFF" SME'S |
|
| |
 The
Government has accepted in full the findings
& recommendations of the independent Competition
Commission following its investigation into
the supply of banking services to SMEs. The
Commission's report, which is being published
today, finds that a complex monopoly exists
in the market
read
more |
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PATRICIA
HEWITT INTRODUCES THE ENTERPRISE BILL
|
|
| |
 The
Enterprise Bill was published in Parliament
today by Trade and Industry Secretary Patricia
Hewitt. The Bill represents a major step
towards the Government's objective of making
the UK the best place in the world to do
business.
read
more
|
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ASIANS
MORE LIKELY TO THEIR OWN BOSS
|
|
| |
 One
in three people across England are currently
running or considering starting their own
business, according to a new report. The Household
Survey is a new bi-annual survey of adults
in England, and is the first large-scale attempt
to explore attitudes towards entrepreneurial
activities.
read
more |
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5
HOT TIPS FOR TRADING ONLINE
|
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| |
Is there anyone left in the UK who does not
have an e-brokerage account or at least know
someone who has one? Certainly you'll find
it difficult to find any British Asian who
doesn't at least know someone who trades online.
read
more |
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GOVERNMENT
SUPPORTS ETHNIC BUSINESS
|
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 Government
today accepted a package of recommendations
to help support ethnic business in the UK.
Recent statistics show that one in ten businesses
are owned by ethnic minorities with 15,000
such businesses in the Greater London area
alone.
read
more |
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CHOOSING
AN ONLINE BROKER
|
|
| |
 by
Alpesh Patel (12/00)
With over 750 online brokers throughout Europe the problem of how
an online trader chooses one has never been more acute or frustrating.
read
more |
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UP
CLOSE & PERSONAL WITH FINANCE
|
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| |
As
someone who cannot even balance her chequebook
(what does that mean anyway, balance it
on my head?), asking me to review personal
finance web sites is not a wise move you
might think.
read
more.
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EVERYONE
IS NET TRADING
|
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| |
 Perhaps
it is because I placed my first trade at
the age of 12, to try to earn enough money
to avoid a paper round, or perhaps because
I could safely be described as an internet
geek (freak could be equally applicable)
that I am so fanatical about online trading.
read
more.
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PERSONAL
INCOME TAX RETURNS |
|
| |
 By
Manesh Shah (11/01).
In 1789
Benjamin Franklin said, "In this world
nothing can be said to be certain except death and taxes".
If
you are not planning an early demise and live
in the UK, then you'll have to think about
the latter now.
read
more |
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