Global invoice rejections have surged 273% in the first quarter of 2025, as companies brace for impact amid escalating tariff and trade disruptions, according to new research released today. Basware’s latest Invoice Rejection Analysis found that from its 272 million inspected invoices, businesses rejected 6.95% of invoices in Q1 2025 (2.9 million), compared to just […]
Independent UK law firm Burges Salmon is pleased to announce the appointment of Anna Vangrove as a partner in its Banking and Finance team. Joining from Shoosmiths where she was a partner and head of the Northern Ireland banking practice, Anna will be based in Burges Salmon’s Bristol office. Anna will work across Burges Salmon’s […]
An exotic plant business is thriving in Wales and the rest of the UK, thanks to a funding stream which opened the doors to selling its products in a major UK department store and has now led to its most profitable month in operation. The Secret Plant House, the brainchild of young Llanelli entrepreneurs Cameron […]
More than 70% of SMEs are missing out on the potential support of brokers as a survey by independent lender, Time Finance, reveals the main barriers for businesses accessing finance for growth. The figures form part of Time Finance’s Finance Apathy Survey in partnership with Censuswide, which found that only 28% of those surveyed had […]
Leading cashflow finance provider, eCapital Commercial Finance, has appointed Lee Ford as regional sales manager. Lee will operate from the Newport, Wales office, focusing his business development activities throughout south, west, and mid Wales. His main responsibilities include building and managing a pipeline of business, consulting with clients to understand their business needs and […]
New FXE Lending Monitor reveals affordability and borrower readiness are the core barriers to SME finance – not supply More than 5.6 million businesses are now registered in the UK – a record high – with entrepreneurial activity hitting new peaks. In 2023 alone, 880,000 new firms were launched, followed by a further 850,000 in […]
SMEs are increasingly coming under financial pressure as sustained price rises and high cost of living take their toll according to new research from Shawbrook. Nearly eight in ten (78%) of SMEs are worried about inflation and the cost of living, according to Shawbrook’s latest research amongst senior decision makers, an increase from 69% in […]
The latest research from The Global Payroll Alliance (GPA), reveals that since the Autumn Budget in October 2024, online search interest in employee redundancy rights and pay have increased by as much as 77% among UK internet users. During October 2024’s Autumn Statement, the Labour government introduced increases to both the National Living Wage (NLW) and […]
On April 6th 2025, new company size thresholds were introduced by the UK government, which saw the definition of micro, small and medium-sized businesses change. Rob Rees, divisional director at Markel Direct, explains how this change affects the contracting sector—especially following last year’s IR35 offset update. What has changed with IR35? Company Size Thresholds Raised The main change that […]
International SME financier, Bibby Financial Services (BFS), has renewed its securitisation arrangement for three years, boosting its funding capacity to improve access to finance for UK businesses. The refinance deal has been agreed with lenders including Lloyds, HSBC UK Bank PLC, Bayern LB and with participation of funds under the management of Insight Investment. Theo […]
