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 Businesses
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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