How your business can capitalise on the summer sun
Temperatures are climbing once again across the UK this week and so is consumer spending, but perhaps not in the way most businesses assume. Studies suggests that longer daylight hours and a boost in serotonin can result in a “treat-yourself” mentality, where impulsivity surges as people look for ways to reward themselves. However, when temperatures hit melting point, many shoppers are forced into survival mode, and the opposite can also be true. Read more to find out how spending could be impacted this summer and how your business could boom or bust as the mercury rises.
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£11 billion of export financing supports 85,000 jobs
UK Export Finance (UKEF) is the UK’s export credit agency and a government department, existing to ensure that no viable UK export fails for lack of finance or insurance from the private market. According to new figures published this week, UKEF provided over £11 billion in loans, guarantees and insurance over the last year. Business and Trade Secretary Peter Kyle, said: “UKEF’s outstanding results show how their work to bolster key sectors in our modern Industrial Strategy is driving growth…from breweries to renewable energy, we’ll keep backing businesses across the country to be the best they can be and grow across the globe."
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What is PWA ecommerce?
Designed to load almost instantly, progressive web app (PWA) ecommerce sites, work reliably even on weak internet connections, and deliver smooth, responsive shopping experiences without requiring a download. Slow load times, laggy navigation, and unreliable connections can interrupt the shopping experience and lead to drop-off. Find out more about PWA ecommerce and why it should matter for your online store.
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