89% Of UK SMES Have Made Redundancies Due To Autumn Budget
The latest insight from The Global Payroll Association (GPA), reveals that 89% of small-to-medium sized businesses (SMEs) in the UK have reduced their workforce since…
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Nearly-Flat GDP Growth Is Reflection Of Difficult Trading Conditions, Says Small Firms
The Government must now make good on its statements that growth is its number one priority – its recent call for regulators to put forward…
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Acclaimed Hospitality Podcast From the Other Side of the Pass Shares Best Practice and Top Tips for Small Business Owners
Following on from a successful first season, hosts Lucy Branson and Ruth Baker embark on Season Two with their conversational chat covering hot topics in…
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Recession Reality Prompts Small Businesses To Call For Pro-Growth Budget
Research by the Federation of Small Business (FSB) has found that confidence among small firms has been in negative territory for seven straight quarters, due…
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Dreary July Figure Sparks Calls For Small Business Support In Autumn Statement
July saw GDP fall by 0.5%, dampening hopes of a third quarter recovery in small business confidence levels Responding to Office for National Statistics figures…
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Small Business Confidence Stalls In Q2 Following Base Rate Hikes
Downbeat economic conditions in the second quarter dampen upswing in confidence registered in the first quarter, but medium-term optimism recovers among small firms • The…
Read more...Small Business Growth Loses Momentum In June
Business growth lost momentum in the last three months to June after bouncing back strongly earlier this year, according to the latest NatWest survey of…
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Trade Associations Make Plea To Save Small Firms Being Wiped Out By Energy Costs
Trade associations representing high-street businesses including pubs, breweries, hairdressers, local shops and other small businesses have today written to the Chair of the newly formed…
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Interest Rates for SME Lending Have Now Increased Almost Sixfold from Pandemic Low
Small businesses face surging interest rates on lending, with the average rate on new bank loans written increasing fivefold from just 0.98% in May 2020…
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Small Business Confidence Collapses – FSB calls for Growth Plan to Power Through
Small firms’ confidence in the final quarter of 2022 plunged to a depth almost on a par with that measured during the second Covid lockdown…
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1 in 4 Small Businesses Plan to Close, Downsize, or Restructure if Energy Bills Relief Ends in April Next Year
Small firms’ survival during the ongoing energy price crisis will depend on continued government support through Energy Bill Relief Scheme (EBRS) beyond March 2023, according…
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