Although London remains the key driver of economic growth on a UK basis, high demand for commercial property has pushed rents up and therefore limited the opportunities for entrepreneurs seeking to launch a new business. However, north of the border Scotland... Read More
Small business creation boomed during the recession, as uncertainties over job security prompted many to take the plunge and establish control over their futures. This attitude has continued after the end of the recession and has led to a sharp increase in... Read More
A new retail innovation hub has launched in central London aiming to pair exciting start-up firms and entrepreneurs with larger companies looking to shake up their operations in the fields of data analytics, supply chain, advertising technology and retail... Read More
2013 has been an encouraging year for British businesses, with improved economic conditions and a rising consumer confidence allowing large and small companies alike to post steady results throughout the past 12 months. With unemployment and... Read More
Regional entrepreneurs running small and medium sized businesses are vital to national recovery, two separate reports have shown. In the wake of claims that northern companies are financing southern recovery, a survey by professional services provider... Read More
Royal Bank of Scotland (RBS) has been told that its system for lending to small businesses needs a complete overhaul after a report found major defects in the way it deals with SMEs. Sir Andrew Large, a former Deputy Governor of the Bank of England,... Read More
According to research from AXA PPP healthcare, the cost of sickness absences for larger sized SMEs is £40,500 on average per year for businesses with 100 to 250 employees. The cost to micro-businesses with fewer than 10 staff is £3,500 a year. The... Read More
It is reported that Nationwide, one of the UK’s largest building societies, has made the decision to delay the launch of its SME lending programme. Vince Cable is critical of the 'Capital Taliban' According to the Financial Times, this decision was... Read More
During the recession, many workers left without jobs turned to self-employment in order to utilise their skills and make ends meet. Unfortunately, however, many found that the lack of financial support due to banks restricting lending limited their growth... Read More
UK manufacturing SMEs are at their most confident for 18 months and are ready to invest in preparation for an expected upturn in demand. Over half of small manufacturers questioned in a recent survey expect to be spending over the coming six months as belief... Read More
