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Late payments are significantly affecting UK SMEs

Dec 09, 2019

According to MarketFinance Business Insights, small and medium-sized enterprises (SMEs) are experiencing greater delays in receiving payments, with the average length of time doubling from 12 days to 23 days over the past year. The latest analysis revealed that these invoices ...

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Majority of employees uncomfortable discussing finances at work

Nov 21, 2019

According to the latest research, two-thirds of employees do not feel comfortable talking about their finances at work, despite more than a fifth of people struggling to make ends meet. The research published by Business in the Community as part of ...

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Government announces £56 million funding to boost business productivity

Nov 07, 2019

The Government has launched a new £56 million wave of funding in a bid to boost productivity throughout the UK economy. The UK ranks as one of the best places in the world to start and grow a business, with around ...

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Government awards £2 million fund to help solve problems faced by small businesses

Oct 17, 2019

The Government has announced that a £2 million fund is to be distributed in a bid to help address many of the common problems faced by small and medium-sized enterprises (SMEs). The money forms part of the Business Basics programme and ...

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SMEs are losing money by not having a website

Oct 10, 2019

According to new research, UK based small and medium-sized enterprises (SMEs) are missing out on thousands of pounds each month due to a lack of online presence. A report by website maker Wix found that SMEs could be missing out on ...

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More than 2,800 retail stores closed during first half of 2019

Sep 12, 2019

According to the latest industry research, around 16 shops are closing every single day on UK high streets as retailers look to restructure their businesses and adapt to increased levels of online shopping. The research found that there was a net ...

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Government launches £10 million Brexit Readiness Fund

Aug 29, 2019

The Government has launched a £10 million Brexit readiness fund that will help provide support for businesses who are preparing for Brexit ahead of the 31 October deadline. The Business Readiness Fund is open to business organisations and trade associations throughout ...

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Half of UK SMEs are struggling with cash flow

Aug 19, 2019

According to the latest industry research, 2.5 million (44 per cent) UK small and medium-sized enterprises (SMEs) are struggling with cash flow as they prepare for Brexit. Research indicated that in the second quarter almost a third (29 per cent) of ...

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Burgeoning costs of employment forcing small businesses to cut back on investment

Aug 15, 2019

The rising legal minimum wage is forcing small businesses to cut back on investment and reduce headcount, a new study has revealed. The finding forms part of brand new research published by the Federation of Small Businesses (FSB), a leading business ...

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Government encouraging SMEs to sign up for funding to help with Brexit

Aug 08, 2019

The Government is encouraging UK small and medium-sized enterprises (SMEs) to register for funding to help them cope with a new customs system following a potential no-deal Brexit. In December, the Treasury and Revenue & Customs unveiled an £8 million training ...

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