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Sebi mulls sharp cut in minimum investment for social impact funds to widen retail participation

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Sebi mulls sharp cut in minimum investment for social impact funds to widen retail participation
Sebi on Monday proposed a sharp reduction in the minimum investment required from individual investors in social impact funds to Rs 1,000 from the existing Rs 2 lakh, in a move aimed at widening retail participation and easing fundraising for not-for-profit organisations (NPOs) on the Social Stock Exchange (SSE).

In its consultation paper, Sebi also proposed extending the registration period for NPOs on the SSE without fundraising and lowering the minimum subscription requirement for issuing Zero Coupon Zero Principal Instruments (ZCZP).

The regulator said the measures are intended to “further strengthen the SSE framework, facilitate ease of fund raising and encourage greater participation by NPOs”.

Under the current Alternative Investment Fund (AIF) Regulations, individual investors are required to invest a minimum of Rs 2 lakh in a social impact fund that invests exclusively in securities of NPOs listed or registered on the SSE.

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Sebi has now proposed lowering this threshold to Rs 1,000 to align it with the existing minimum application size for Zero Coupon Zero Principal Instruments (ZCZP) under the ICDR norms, thereby enabling wider retail participation in social impact investments.


On the registration front, Sebi has suggested extending the period during which NPOs can remain registered on the SSE without raising funds from the existing two years to three years.
The proposal has taken into account practical challenges faced by NPOs, including delays in statutory and regulatory approvals, and would be subject to approval by the SSE.In addition, the regulator has proposed reducing the minimum subscription requirement for ZCZP issuances from 75 per cent to 50 per cent in select cases.

This relaxation would apply only to projects where costs and outcomes can be implemented on a clearly identifiable per-unit basis, ensuring that partial subscription does not adversely affect project execution, Sebi said.

In such cases, SSEs would be required to carry out due diligence to ensure that funds raised at the lower subscription threshold can still be meaningfully deployed towards the stated objectives.

Also, the regulator said that funds would be refunded to investors if the minimum subscription requirement is not met.

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‘Exciting and vital step’ as Blackpool’s Winter Gardens to be managed by council-owned tourism company

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Blackpool Tourism was founded to boost tourism sector collaboration

The Winter Gardens

The Winter Gardens will be operated by Blackpool Tourism

One of Blackpool’s most iconic venues is set for a major new chapter after plans were agreed to transfer its operation to Blackpool Council’s wholly owned tourism company.

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In late January, the council’s Shareholder Committee approved proposals to dissolve the company that currently manages the Winter Gardens, bringing all council‐owned leisure assets under a single operator for the first time.

The Grade II listed Winter Gardens is presently run by Blackpool Entertainment Company Ltd (BECL), a wholly owned subsidiary of Blackpool Council. Under the new plans, BECL will be dissolved, with all assets and employees transferring to Blackpool Tourism Ltd (BTL).

The council says this strategic move will enable a long‐term, unified approach to managing the resort’s key tourism assets while safeguarding the heritage of one of Blackpool’s most treasured buildings.

Blackpool Tourism Limited was established in June 2025 to bring council‐owned attractions under local management, with a renewed focus on creating a sustainable economic future, increasing employment opportunities for local people and strengthening collaboration across the wider visitor economy.

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Kate Shane MBE, managing director of Blackpool Tourism Limited, said: “This is an exciting and vital step for one of Blackpool’s most iconic venues.

“Bringing the Winter Gardens into Blackpool Tourism Ltd will deliver significant benefits, including a more strategic approach to event sales.

“We want to showcase Blackpool’s live entertainment to a wider audience while delivering a more efficient operation through shared resources, expertise and infrastructure.

“2026 is a landmark year for the Winter Gardens, marking 100 years of the Blackpool Dance Festival and 130 years of the Empress Ballroom. I look forward to working with the team as we build on this incredible legacy.”

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Cllr Lynn Williams MBE, leader of Blackpool Council, said: “Our tourism and visitor economy supports thousands of local jobs, from working directly in attractions, to businesses being part of the supply chain or the spend that comes from large events in hotels, restaurants and bars.

“This move strengthens the way that our tourism offer is aligned, providing a better service for both locals and visitors. To create a sustainable economic future for our town, we must view Blackpool’s tourism industry as one rather than a collection of individual venues.

“Since August 2025, the Winter Gardens has been supported by the management team at Blackpool Tourism Limited. We are already seeing the benefits of that relationship and it makes perfect sense for all the council’s leisure assets to sit within one company.

“This shows we are leading by example to deliver a stronger, more resilient visitor economy and creating more opportunities for local people.”

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Jake Paul Sparks Family Feud with Brother Logan Over Bad Bunny’s ‘Fake American’ Super Bowl Halftime Show

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Brad Arnold

Influencer-turned-boxer Jake Paul ignited a public disagreement with his brother Logan Paul on Sunday, Feb. 8, 2026, after posting a scathing critique of Bad Bunny’s Apple Music Super Bowl LX halftime performance, labeling the Puerto Rican superstar a “fake American citizen who publicly hates America” and urging viewers to boycott the segment by turning off their TVs.

Jake Paul
Jake Paul

The post, shared on X during the halftime break of the New England Patriots-Seattle Seahawks matchup at Levi’s Stadium, drew immediate backlash and prompted Logan Paul — a WWE star and fellow content creator — to respond directly, distancing himself from Jake’s comments and defending the performance’s cultural significance.

Jake Paul wrote: “Purposefully turning off the halftime show. Let’s rally together and show big corporations they can’t just do whatever they want without consequences (which equals viewership for them). You are their benefit. Realize you have power. Turn off this halftime. A fake American citizen performing who publicly hates America. I cannot support that.”

The remarks referenced ongoing conservative criticism of Bad Bunny’s selection as the first Latino solo headliner performing primarily in Spanish, with some accusing the artist of anti-American sentiment based on past lyrics or statements. Jake, who relocated to Puerto Rico in recent years partly for tax advantages, faced irony pointed out by critics noting his own ties to the U.S. territory.

Logan Paul quickly fired back on X: “I love my brother but I don’t agree with this. Puerto Ricans are Americans & I’m happy they were given the opportunity to showcase the talent that comes from the island.”

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The response highlighted Puerto Rico’s status as a U.S. territory, where residents are American citizens by birth, though without full voting rights in presidential elections or full congressional representation. Logan’s statement emphasized inclusion and cultural pride, contrasting sharply with Jake’s call for a boycott framed as resistance to corporate decisions.

The exchange unfolded amid broader controversy surrounding Bad Bunny’s 13-minute set, which celebrated Puerto Rican heritage through hits like “Tití Me Preguntó,” “Yo Perreo Sola,” “Safaera” and “El Apagón.” The performance included a live wedding ceremony onstage, marketplace staging and surprise appearances by Lady Gaga (performing a Latin remix of “Die with a Smile”) and Ricky Martin (joining for “Lo Que Le Pasó a Hawaii”). Cameos from Pedro Pascal, Jessica Alba, Karol G and Cardi B added to the festive, inclusive vibe.

Bad Bunny closed with a unifying message naming countries across the Americas before declaring “God Bless America,” a gesture many interpreted as bridging divides. The show drew widespread praise for its joy, queer-positive elements and bold representation of Latino culture on one of America’s largest stages.

Jake’s pre-performance comments aligned with some conservative voices who questioned Bad Bunny’s fit for the halftime slot, citing language barriers or perceived political views. Prior to the game, Logan had given a blunt “No” when asked by Fox News Digital if he was excited for the show, though his post-show response focused on defending Puerto Rican representation rather than endorsing the boycott.

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The brothers’ public split fueled online debates, with fans and commentators weighing in on family dynamics, cultural identity and entertainment choices. Some accused Jake of hypocrisy given his Puerto Rico residency, while others supported his view as a stand against corporate overreach or perceived anti-American messaging in entertainment.

The Paul brothers, known for their high-profile careers in boxing, content creation and wrestling, have occasionally clashed publicly but often collaborate on projects. This latest disagreement added a personal layer to the halftime show’s polarizing reception, with social media amplifying the exchange through memes, reaction videos and polls.

Bad Bunny’s performance itself generated massive buzz, with clips of the wedding segment, Gaga’s appearance and Martin’s cameo trending immediately. The show’s emphasis on Puerto Rican pride resonated widely, particularly among Latino audiences, while critics focused on language and representation debates.

As the Super Bowl concluded with Seattle’s 29-13 victory, the halftime controversy — amplified by the Paul brothers’ feud — continued dominating discussions. Jake has not responded directly to Logan’s post as of Monday morning, though online speculation suggested potential follow-up content or reconciliation.

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The incident underscores how celebrity commentary can intersect with cultural moments like the Super Bowl halftime show, turning a celebratory performance into a flashpoint for broader conversations about identity, patriotism and entertainment in a divided era.

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Target steps up investment in store staffing, cuts about 500 other roles

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Target steps up investment in store staffing, cuts about 500 other roles
Target invests in store payrolls with new trainings and hours

Target said Monday that it’s stepping up store staffing, but eliminating about 500 jobs in distribution centers and regional offices as it tries to win back shoppers who have complained about sloppier shelves, out-of-stock items and longer checkout lines.

In an internal employee memo obtained by CNBC, the big-box retailer said it’s making changes to the way it runs and oversees stores to improve the customer experience, a top goal of the company’s new CEO Michael Fiddelke.

To do that, Target said it will reduce the number of store districts — the geographic areas that its nearly 2,000 stores are broken into, which have dedicated staffing — and put money toward more hours for frontline store employees.

As part of the changes, Target is laying off around 500 people, including about 100 at the store district level and about 400 across its supply chain sites, the internal email said.

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“This change also fuels our ability to put significantly more payroll in our stores – primarily in additional labor and hours where needed most, but also in new guest experience training for every team member at every store,” the email said.

The email was written by Adrienne Costanzo, chief stores officer, and Gretchen McCarthy, chief supply chain and logistics officer, and sent to Target employees across its headquarters and store field teams on Monday afternoon.

A Target spokesperson declined to specify the amount of additional investment planned for Target stores, but said the announcement will not change starting wages for store workers, which range from $15 to $24 per hour depending on the location.

For Target, the organizational shift marks one of the first changes under Fiddelke, formerly the company’s chief financial officer and chief operating officer, who stepped into the top job on Feb. 1.

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Fiddelke took the helm as the company aims to get back to growth. Its annual sales have been roughly flat for four years, and it cut 1,800 corporate roles last year in its first major layoff in a decade.

Customers, vendors and investors say the company had gotten weaker in some of the key areas where it used to stand out. For example, some shoppers said Target had lost its edge with attentive customer service and trendy, fashion-forward merchandise that earned the company its “Tarzhay” nickname.

The company has also faced backlash and boycotts from customers over a string of political and social stances over the past few years, including its decision to sell and then pull some Pride Month merchandise, its embrace of and reversal of major diversity, equity and inclusion initiatives and most recently, for not speaking out against the surge of immigration enforcement in its hometown of Minneapolis.

Along with Target’s self-inflicted struggles, the company has faced stiffer competition from peers like Walmart and a tougher economic backdrop. Consumers have been more selective in recent years about discretionary purchases and impulse items — Target’s sweet spot — while paying more for necessities like groceries and rent.

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In an interview with CNBC at Target’s Minneapolis headquarters in October, Fiddelke said his leading priorities as CEO would be restoring Target’s reputation for style and design, providing a more consistent customer experience and using technology to speed along the business.

Yet he added that Target needs to simplify an operation that’s become more complicated for store managers and store employees in recent years as they not only stock shelves, but pick orders for curbside pickup or pack up cardboard boxes heading to customers’ homes.

“If you’re a store manager now, yes, you’re supporting your in-store guest and you’re also running a fulfillment business that’s gotten pretty big,” he said in the October interview. “And I think we’re just now fully appreciating, ‘All right, we’ve got to make sure that we’re doing both really well and it’s more complex than it used to be.’”

Last year, the company made another store-related change to try to clean up and smooth over its operations. Almost all of Target’s online orders are fulfilled in stores, which has taken up more of employees’ time and stores’ backrooms. In response, the company shook up its online strategy, designating some stores as locations where employees pick and pack online orders to ship to customers’ homes and dropping that altogether at other locations.

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Target is expected to share more details about its turnaround strategy, along with its holiday-quarter results and full-year forecast, on March 3. It will host an event for investors at its Minneapolis headquarters.

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Walmart boosts pay potential, elevates 3,000 pharmacy roles

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Walmart boosts pay potential, elevates 3,000 pharmacy roles

Walmart is expanding higher-paying pharmacy leadership roles and boosting earning potential for thousands of workers, opening new career paths that do not require a college degree.

The retail giant said it will elevate about 3,000 positions to pharmacy operations team lead roles, with average pay around $28 an hour and the potential to earn up to $42 an hour plus bonuses, depending on location.

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The move is part of Walmart’s effort to strengthen staffing inside its pharmacies while creating clearer advancement opportunities for technicians already working in stores.

customers wait at walmart pharmacy

People wait at a pharmacy in a Walmart store that is offering COVID-19 vaccines during the pandemic. (Creative Touch Imaging Ltd./NurPhoto via Getty Images)

“Pharmacy technicians are a critical part of the healthcare journey, supporting patients, coordinating care and helping keep pharmacies running smoothly,” the company said. “The new operations team lead role creates opportunities for technicians to step into leadership, build new skills and take on greater responsibility while continuing to serve their communities.”

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Unlike many healthcare roles, Walmart said these positions – including pharmacy sales associate, pharmacy technician and operations team lead – are open to workers without a college degree. Instead, employees advance through training and certification earned on the job.

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The Walmart logo on its Arkansas headquarters

Walmart said the changes are aimed at improving patient care while also addressing workforce shortages. (Luke Sharrett/Bloomberg via Getty Images)

Since 2016, more than 22,000 Walmart associates have completed pharmacy certification programs, allowing them to move into leadership roles and higher-paying positions within the company.

A pharmacy tech pulls medication from a shelf inside a pharmacy

Since 2016, more than 22,000 Walmart associates have completed pharmacy certification programs, according to the retailer. (George Frey/Bloomberg via Getty Images)

Walmart said the changes are aimed at improving patient care while also addressing workforce shortages in healthcare by lowering barriers to entry and advancement.

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“By increasing pay, elevating thousands of leadership roles and removing barriers to advancement, we are strengthening pharmacy teams while helping associates build meaningful careers and support healthier communities every day,” the company said.

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KKR & Co. Inc. (KKR) Presents at UBS Financial Services Conference 2026 Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Q4: 2026-02-05 Earnings Summary

EPS of $1.12 misses by $0.02

 | Revenue of $1.64B (-19.87% Y/Y) misses by $149.33M

KKR & Co. Inc. (KKR) UBS Financial Services Conference 2026 February 9, 2026 1:00 PM EST

Company Participants

Robert Lewin – Chief Financial Officer

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Conference Call Participants

Michael Brown – UBS Investment Bank, Research Division

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Presentation

Michael Brown
UBS Investment Bank, Research Division

All right. Thanks, everyone, for joining us. I’m Mike Brown, the U.S. broker and asset managers analyst here at UBS. I’m pleased to welcome Rob Lewin, the CFO of KKR. KKR is one of the world’s largest asset managers, overseeing roughly $744 billion in AUM as of year-end 2025 with a global diversified platform spanning private equity, credit, infrastructure, real assets and insurance. Rob, thank you for joining us.

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Robert Lewin
Chief Financial Officer

Mike, thanks for having us.

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Question-and-Answer Session

Michael Brown
UBS Investment Bank, Research Division

Right. So let’s start on the macro front. How are you thinking about rates, inflation, the broader economic outlook and what are you seeing lately in realizations and transaction activity? Will activity continue to accelerate in 2026?

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Robert Lewin
Chief Financial Officer

Yes. It’s probably as nuanced a moment we’ve had the broader macro space in a long, long time. If you think about what’s going on, from a macro perspective, you layer on to that geopolitics, both domestically in the U.S., abroad as well, fiscal deficits, public policy. As you think about this moment in time, we’re quite fortunate that we have leaned in on the resourcing side across all 3 of those areas, that I think really puts us in a relatively good position as we try and navigate what is said quite a nuanced moment in time.

As it relates to how I think it’s going to impact the go forward, we continue to believe that there will be a greater amount of activity in 2026. We do

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Newcastle team channels Mercury success to sell city at Mipim

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Invest Newcastle will use successful cultural events as part of their bid to attract investment to Tyneside

Sam Fender wins the Mercury music prize

Sam Fender wins the Mercury music prize (Image: Getty Images)

Newcastle’s success in hosting two of the biggest events in the UK music calendar will be used to help sell the city at the Mipim property event in Cannes next month. The Invest Newcastle group will be hosting events at Mipim.

Newcastle and Gateshead councils, NE1 and the North East Combined Authority will be joined by several private sector firms, including Eldon Square, Ryder Architecture, igloo and Ward Hadaway.

The 2026 delegation will focus on showcasing a portfolio of major projects and investment opportunities that aim to highlight the strengths of the city. Successfully hosting the Mobos and the Mercury music prize last year will part of the pitch.

The three-day programme of events will also highlight developments at Forth Yards, Pilgrim Street and Gateshead’s Old Town Hall, while plans for thousands of homes at the Forth Yards site – which received multimillion-pound backing from Homes England last year – will be a “key focus”.

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Pam Smith, chief executive of Newcastle City Council, said: “Mipim presents a unique opportunity for Newcastle to position itself as a city with global scale development opportunities.

The Newcastle skyline, viewed looking across from Gateshead towards the Tyne Bridge and the Glasshouse

The Newcastle skyline, viewed looking across from Gateshead towards the Tyne Bridge and the Glasshouse(Image: Newcastle Chronicle)

“Hot off the heels of hosting both Mobo Awards and the first-ever Mercury Prize outside London this year and soon to be welcoming the Euros in 2028, our city continues to position itself as a destination for culture, innovation, and investment.

“We are a city that delivers for our residents. We are the future of urban innovation, culture and investment.

“We are Newcastle, one city, united together and we look forward to working with you in the public and private sector to make it our best one yet.”

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Gateshead Council leader Martin Gannon added: “Mipim remains a powerful global platform to showcase Gateshead’s potential. With deliverable regeneration plans bringing exciting sites to the market, it provides a valuable opportunity for investors and developers to explore future opportunities with us.

“Gateshead is at a moment of real transformation. This is a chance to highlight the ambition that’s re-imagining our town as a vibrant destination for residents and visitors.”

NGI chief executive Sarah Green said: “It is incredibly important, in the competitive global market, to ensure our city’s voice is heard and working together with the public and private sector. We can do this with a collective voice and a collective story.

“Mipim is one of the world’s largest real estate conferences, attracting 80 of the world’s top 100 real estate investors each year, providing Newcastle and Gateshead with the opportunity to connect with decision makers on our key priorities and on a truly unique platform.

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“We’re thrilled to be bringing Newcastle and Gateshead’s vision to life and welcome global investors and developers onto our stand to find out what we are all about.”

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Blackrock Muni Target Term stock hits 52-week high at 22.94 USD

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Blackrock Muni Target Term stock hits 52-week high at 22.94 USD

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This Is Why It’s So Hard to Find a Job Right Now

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This Is Why It’s So Hard to Find a Job Right Now

This Is Why It’s So Hard to Find a Job Right Now

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Priests say ICE contractor GEO rejected shareholder vote on human rights review

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Priests say ICE contractor GEO rejected shareholder vote on human rights review


Priests say ICE contractor GEO rejected shareholder vote on human rights review

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Five signs your business has outgrown off-the-shelf software

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A growing number of London’s entrepreneurs and micro-businesses are swapping traditional offices for coffee shops and cafes, with new research revealing that these venues are playing an increasingly vital role in the capital’s business ecosystem.

When standard solutions start holding you back, it might be time to think about something built for your business.

Most UK businesses start with off-the-shelf software. Makes sense. Tools like Xero, Salesforce or Monday.com are affordable, quick to deploy, and cover the basics well. For early-stage companies focused on survival and growth, these ready-made solutions provide what you need without a big upfront investment.

But as your company grows and your processes get more sophisticated, you may notice these standard solutions becoming more hindrance than help. The software that once felt like a perfect fit starts to feel restrictive. Frustrations build. Work slows down.

Here are five warning signs that your business might be ready for bespoke software and what to do about each one.

Your team spends hours on manual workarounds

When staff resort to copying data between spreadsheets, keeping shadow systems in Excel, or doing repetitive tasks that feel like they should be automated, something is wrong. These workarounds creep in gradually; a quick fix here, a temporary solution there, until suddenly your operations depend on a patchwork of manual processes.

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Workarounds rarely stay small. What begins as a simple spreadsheet to track information your CRM cannot handle eventually becomes a document that multiple team members depend on. Before long, you have unofficial systems running alongside your official ones. That creates risk.

One manufacturing client we spoke to had three staff spending two days each week manually reconciling data between their CRM, accounting system, and inventory management tool. The annual cost? Over £45,000 in wages alone. That’s before counting the errors that crept in, the delays in decision-making, or the frustration the team felt every week.

Manual processes often also end up kept in the minds of certain colleagues. When the person who understands how all the workarounds fit together goes on holiday or hands in their notice, the business faces real operational risk.

What to look for: Ask your team where they spend time on repetitive data entry or checking. If you hear phrases like “we have to do it this way because the system can’t” or “I keep my own spreadsheet for that”, you’ve found a workaround worth investigating.

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You’re paying for features you don’t use

Enterprise software bundles hundreds of features into their pricing tiers. Sales teams show off impressive functionality during procurement. Six months later you realise your team only uses a fraction of what you bought. You’re subsidising functionality designed for completely different industries.

This isn’t just about money, though the costs add up. Research from Productiv found the average UK business wastes roughly 30% of its software spend on unused licences and features. For a company spending £50,000 a year on software subscriptions, that’s £15,000 going nowhere.

Those unused features also create clutter. Staff waste time clicking through menus and options that have nothing to do with their work. Training new employees gets complicated because they need to learn which parts of the system to use and which to ignore. The cognitive load slows everyone down.

There’s also an opportunity cost. Money spent on features you don’t need is money not spent on solutions that could actually change how you work.

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What to look for: Review your software subscriptions and honestly assess feature usage. If you’re on an enterprise tier but only using basic functionality, or if new staff consistently struggle to learn your systems, feature bloat may be costing you more than you think.

Your processes have to fit the software, not the other way around

This is the most telling sign. When you find yourself changing how your business operates to accommodate software limitations, the tail is wagging the dog.

Every business has processes that give it an edge – how you handle customer enquiries, manage stock, or deliver services. These processes often evolve over years of learning what works best for your specific customers, suppliers, and market. They represent hard-won knowledge.

Off-the-shelf software is designed for the average business in your sector. It bakes in assumptions about how companies like yours typically operate. If your approach is what sets you apart from competitors, forcing it into a standard mould risks eroding the very thing that makes customers choose you.

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A recruitment agency we know built its reputation on a distinctive candidate screening process. When they adopted a popular applicant tracking system, they had to abandon several steps that candidates consistently praised. Within a year, their placement success rate had dropped measurably. The software worked exactly as designed. It just wasn’t designed for their approach.

This cuts both ways. Sometimes adapting to software best practices improves your operations. The question is whether you’re making a conscious choice to adopt better processes, or simply surrendering to software limitations because you have no other option.

What to look for: Listen for phrases like “we used to do it differently but the system wouldn’t allow it” or “I know this seems inefficient but that’s how the software works”. Your tools should support your processes, not dictate them.

Integration has become a nightmare

Modern businesses rely on multiple software tools working together. The average SME now uses between 20 and 50 different applications. When your systems can’t talk to each other properly, you end up with data silos, duplicate entries, and a fragmented view of your operations.

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Maybe your ecommerce platform doesn’t sync properly with your warehouse management system. Your CRM can’t pull data from your accounting software without someone doing it manually. Your project management tool doesn’t connect with your time tracking system, forcing staff to log hours in two places.

These headaches multiply as businesses grow. Each new application creates potential connection points with every existing system. What starts as a manageable set of integrations can quickly become an unwieldy web of data flows, many of which break whenever one vendor updates their software.

The real cost is often invisible. Decisions made on incomplete information. Customer service hampered by lack of data access. Management flying blind because no single system shows the full picture.

Some businesses try to solve this with integration platforms like Zapier or Make. These work well for simple connections but struggle with complex business logic. They can also become a maintenance burden, with automations breaking silently and causing data problems that take hours to untangle.

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What to look for: Map out how data flows between your systems. If you rely on manual exports, scheduled batch updates, or integration tools with dozens of conditional rules, your systems may have outgrown their ability to work together.

Your software vendor’s roadmap doesn’t match yours

Software companies prioritise features based on what benefits their largest customer segments. If your business has specific requirements outside the mainstream, you may wait years for functionality that never arrives. Worse, you might watch features you depend on get removed.

This dependency creates strategic risk. When your plans hinge on whether a third-party vendor decides to build a particular feature, you’ve lost control of something important. You’re essentially outsourcing part of your product roadmap to a company with entirely different priorities.

The challenge gets sharper as your business becomes more sophisticated. Early-stage companies need generic functionality – invoicing, customer management, basic reporting. Standard software handles this fine. But as you develop your own processes, enter niche markets, or pursue differentiation strategies, your requirements diverge from the mainstream.

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Vendor lock-in makes it worse. Once your data and processes are embedded in a platform, switching costs become substantial. You may find yourself stuck with software that no longer serves you well, but which you can’t easily leave.

What to look for: Review your feature request history with key vendors. If you’ve been asking for the same functionality for years without progress, or if recent updates have moved the product away from your needs, the fit between your business and your software may be weakening.

What are the alternatives?

Seeing these signs doesn’t mean you need to replace everything tomorrow. Wholesale system replacement is expensive, disruptive, and often unnecessary. Many businesses do better with a hybrid approach – keeping off-the-shelf tools for commodity functions like email or basic accounting, while investing in bespoke software development for the processes that truly set their business apart.

The UK bespoke software market has changed a lot in recent years. Fixed-price quotes, transparent development processes, and specialist firms focused on SMEs have made custom software accessible to businesses that would never have considered it a decade ago. Projects that once needed enterprise budgets can now be delivered at realistic prices for growing companies.

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The key is working out where standard software genuinely serves you well, and where it’s quietly costing you money, time, or competitive advantage. Not every process needs custom software. But the processes that define your business – that create value for customers and set you apart from competitors – often benefit from purpose-built tools.

A sensible approach might involve:

  • Auditing your current software to identify which tools deliver value and which create friction
  • Adding up the cost of workarounds including staff time, error rates, and delayed decisions
  • Prioritising pain points based on business impact rather than technical complexity
  • Starting small with a focused project that addresses your most pressing issue

Making the business case

If you’re thinking about bespoke software, you’ll likely need to justify the investment to stakeholders. The good news is that the business case often writes itself once you add up the hidden costs of your current setup.

Start by documenting the workarounds your team performs daily. Calculate time spent on manual data entry or reconciliation. Note the features you wish existed but can’t find. Estimate revenue lost to slow processes or poor customer experiences. This audit often shows that the true cost of sticking with ill-fitting solutions far exceeds the investment needed for something better.

Think about the strategic value too. Software built around your processes protects and strengthens what makes your business distinctive. It can become a competitive advantage – something rivals can’t simply buy from the same vendor you use.

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Choosing the right partner

If several of these signs ring true for your business, it’s worth talking to a specialist UK software company. A good one will help you work out whether bespoke software makes commercial sense and be honest when it doesn’t.

Look for partners who take time to understand your business before proposing solutions. Be wary of those who jump straight to technical specifications without grasping the commercial context. The best development relationships feel collaborative, with technical expertise applied in service of business outcomes.

Ask about their experience with businesses your size and in your sector. Request references and speak to previous clients. Understand how they handle changes in requirements, because they will come up. Clarify pricing structures upfront – surprises in software development tend to be expensive.

The decision to invest in bespoke software is a big one. But for businesses showing these warning signs, it can unlock operational improvements that standard solutions simply can’t deliver.

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