The annual report by UK Export Finance has seen that 77 per cent of the exporters that had benefited from UKEF finance and insurance, were medium size firms and small businesses. It is estimated that there are 7,000 firms in exporter supply chains... Read More
According to a recent report by the Financial Conduct Authority, small businesses, charities and fintech firm’s accounts are being cut by banks, in order to ease the cost of regulatory compliance and anti-money laundering controls. With the ever... Read More
A new study from Aldermore has found that 34% of small and medium-sized enterprises are unaware of what interest rate their business is receiving in surplus funds. The survey, which more than 1,000 British SMEs took part in, found that 55% aren’t... Read More
A £10 billion lending fund has been launched by HSBC which is set to help UK small and medium sized enterprises. The fund, which forms part of a broader plan to make banking cheaper and simple for customers, is the largest package of support to be... Read More
In a recent report by Boost Capital, it confirmed that a number of SMBs being approved by the Government’s Enterprise Finance Guarantee (EFG) scheme, has decreased to its lowest figure ever. The scheme’s highest peak period, between April and June... Read More
Ahead of the budget this Wednesday, a survey commissioned by accountancy firm Moore Stephens revealed that the majority of SMEs are in favour of a change to the tax system and introducing a flat rate of tax. It revealed that around 55% of SMEs are... Read More
Last week it was reported that confidence among large UK businesses had slipped to a six month low, causing some concern among economists. However, it appears that this is not an outlook shared by the small businesses community where optimism continues to... Read More
The Centre for Entrepreneurs is calling upon local authorities to do more business with small businesses. According to data compiled by the Centre’s campaign partner Spend Network, in the past three years a total of £9.9 billion has been spent by local... Read More
Since the end of the recession and particularly in the past twelve months, business growth has flourished and gone a long way in strengthening the UK’s still fragile economy. However, experts are now concerned that a large part of this growth has been built... Read More
For some time, London was the capital of small business growth within the country, with a high concentration of entrepreneurial and start-up hubs giving many the opportunity to start their firm within the city. However, as commercial property prices have... Read More
