Big banks hike small business lending for first time in nearly two years as UK economy improves June 17, 2024 Big banks' lending to UK small and medium-sized enterprises (SMEs) has seen its first notable rise for almost two years, according to quarterly data, amid an improving outlook for the domestic economy.
Labour promises to ‘stamp down’ on late payments in SME policy package June 8, 2024 Late payments have been a major hindrance to small businesses, often contributing to cash flow problems and forcing firms to divert resources to chasing unpaid bills.
Big banks shun demand for SME lending as larger firms prioritised May 29, 2024 Big banks are set to withdraw even further from funding small and medium-sized enterprises (SMEs) this year, data shared exclusively with Morning Wire suggests, as high street lenders face criticism for prioritising larger firms.
Entrepreneurs tackling carbon emissions crowned small business of the year May 16, 2024 12 awards were handed out in total to firms from Edinburgh to Stowmarket and Stockton-on-Tees to Powys. but CCU cleaned up with both the top prize and the innovation award to boot.
City regulator should force lenders to be more transparent on SME ‘debanking’, MPs urge May 8, 2024 An influential group of MPs has urged the City watchdog to force banks to be more transparent on why they "debank" businesses amid criticism that regulators and lenders are hamstringing growth and innovation among small firms.
How to get UK space SMEs beyond the final investment frontier May 6, 2024 The UK has 2000 space SMEs but few have managed to scale. With the right incentives and regulatory environment the industry can go interstellar, says Andrew Turner Shipping in the 1700s, cars in the 1800s and aviation in the 1900s – throughout history London has been the global hub for financing era-defining technology. I believe [...]