SMEs
Small developers invited to apply for up to £10 million in equity funding
Sep 24, 2021
Small and medium-sized developers have been invited to apply for up to £10 million in equity funding to build new homes. The new fund, known as the Housing Growth Partnership (HGP), aims to support the development of 10,000 new properties by ...
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Help to Grow: Management scheme now open
Jul 15, 2021
The Government’s landmark Help to Grow: Management scheme is now open for applications. The initiative offers businesses free or subsidised training to level up in the wake of the coronavirus pandemic. Here’s what you need to know. What is the Help to Grow: ...
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Federation of Small Businesses calls for more help for SMEs as financial support winds down
Jun 28, 2021
The Federation of Small Businesses (FSB) calls on the Government to offer more economic support to small and medium enterprises (SMEs) as coronavirus-related limits continue and fewer financial packages are being handed out. For example, the Government delayed the lifting of ...
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Over half of Brits plan to shop with small and local businesses after pandemic, study reveals
Jun 17, 2021
Around half of Brits plan to spend their money with small and local businesses in the wake of the coronavirus pandemic, a major study has revealed. The research, published by British futurist Andrew Grill in collaboration with Vistaprint, suggests that the ...
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SME leaders optimistic towards post-Covid recovery time
Apr 26, 2021
Small and medium-sized enterprise (SME) leaders are optimistic about post-Covid-19 recovery time, suggesting it will take an average of 12 months for their businesses to make up for the lost revenue. Chirag Shah, CEO, Nucleus Commercial Finance, who commissioned this research, ...
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Small business confidence rises to positive territory for first time since 2018 as non-essential retail reopens
Apr 16, 2021
Small business confidence has risen to its highest level since autumn 2014, a major study has revealed. The finding forms part of the Federation of Small Businesses’ (FSB) quarterly Small Business Index (SBI), which comes as non-essential retail in England and ...
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Budget 2021: Hospitality businesses call for extended VAT cut
Feb 22, 2021
Due to the prolonged impact of coronavirus on the hospitality industry, firms within this sector urge Chancellor Rishi Sunak to extend the VAT reductions for a year in the Budget. In 2020, the VAT reduction went from 20 per cent to ...
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Pub industry calls for reopening of the sector as sales halve
Feb 16, 2021
Prominent figures within the beer and pub industry are calling upon the Government to reopen pubs with non-essential shops when lockdown ends, as they are an indispensable contributor to the economy. Tim Martin, the Chairman of JD Wetherspoons, reveals that the ...
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One in five small businesses not entitled to financial support, FSB reveals
Feb 11, 2021
As many as one in five small businesses and sole traders are not entitled to financial support under the Government’s coronavirus support package, it has been revealed. The Federation for Small Businesses (FSB), who published the report, said up to three ...
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Business owners put billions of pounds on the line to secure early CBILS loans, figures reveal
Feb 05, 2021
Business owners who took out an early coronavirus loan have more than £1.2 billion of personal guarantees on the line, a major study has revealed. The figures, published by The Times, highlight the number of enterprises that used personal guarantees to ...
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