Thomson Reuters Selected by UK Government to Help Support Entrepreneurs and New Business Start-Ups

London - Thomson Reuters today announced that the UK Department for Business, Innovation and Skills (BIS) and HM Revenue and Customs (HMRC), selected the company’s leading video and e-Learning tutorials to help support two new resources designed to encourage businesses to start up and grow in the UK.

My New Business and the Growth and Improvement Service were launched by BIS and HMRC on Nov. 14, to mark the start of Global Entrepreneurship Week. Thomson Reuters was chosen as content provider for the online resources which are an integral part of the Government’s initiatives to encourage business creation and growth. Providing information online is a cost-effective way for the Government to help would-be entrepreneurs come to grips with the basics of running a business.

“We are delighted to have had this opportunity to draw on our deep business and learning expertise to create something that will arm start-ups and pre start-ups with all the factual information, insight and advice they need to help turn their ideas into a viable business,” said Elanor McGarry, vice president, public sector & learning at Thomson Reuters. “We hope that it will become an invaluable resource for anyone serious about starting their own company.”

The new online resources feature more than 100 videos produced by Thomson Reuters in addition to other e-learning tools containing new material for pre-start-ups and start-ups. The short 3-10 minute videos focus on the full range of issues that those starting up a business need to consider, including:

· The practical and legal steps needed to start trading
· Employment law
· Branding and how to market your business
· VAT thresholds and tax

My New Business and the Growth and Improvement Service also combine a variety of different materials that engage users in innovative ways, such as:

· Presenter-led videos explaining broad topics, for example employment law and tax
· Animated videos with simple, accessible graphics to demystify specific areas like VAT thresholds
· 40 video case studies with owners of start-ups describing their challenges and solutions

By moving away from static, text based learning to dynamic online treatments, Thomson Reuters has created a tool that enables users to learn in their own way and at their own pace. My New Business and the Growth and Improvement Service are on the web at: www.businesslink.gov.uk.

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Thomson Reuters
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 55,000 people and operates in over 100 countries. For more information, go to www.thomsonreuters.com.