The most comprehensive ever research into the impact of the government’s proposed changes to Inheritance Tax reveals the devastating effect it could have on the hundreds of thousands of family-run businesses in the UK. The Family UK (FBUK), supported by 32 trade associations, and conducted by CBI Economics, reveals that every sector of the economy and […]
Over two-thirds (68%) of SME leaders believe their business is resilient and prepared to withstand challenges, with a similar proportion (69%) feeling confident in their ability to recover quickly from setbacks. American Express’ annual Business Barometer research, conducted in partnership with Small Business Saturday UK, polled 1,000 senior decision makers at UK micro, small and […]
MuchBetter, the award-winning fintech innovator, has introduced a next generation business account offering, MuchBetter Business (MBB). Built on an advanced, cloud-native core banking solution from Temenos, and supported by NatWest and SWIFT, MBB is designed to meet the needs of businesses in specialised sectors that face barriers to traditional banking access. MBB delivers a trusted, […]
Outdated verification systems are choking small business growth, with serious consequences for public services, market competition, and the cost of living New research from digital identity platform Umazi highlights a deepening crisis at the heart of the UK economy: small and medium-sized enterprises (SMEs)—the nation’s engine of innovation, employment, and essential services, are being systematically strangled by […]
Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’The Footsie is struggling to cling onto ground as undercurrents of pessimism wash over markets and new fractures in the global trade war open up. Trump’s pledge to double steel and aluminium import tariffs have caused fresh uncertainty, especially with the European Union vowing to retaliate […]
Commenting on the Ministry of Defence ensuring that SMEs are key beneficiary from increased UK defence spending, Douglas Grant, Group CEO of Manx Financial Group, said: “We welcome support for suppliers from across the economy to support defence firms – a vital step toward strengthening the UK’s national security, supply chains, and long-term economic resilience. However, […]
Hoteliers were hit with a double whammy in April, as they faced a rise in employment costs, along with price pressures on room rates, leading to a decline in profits, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows UK hotel payroll (as […]
UK-wide alternative funding provider One Stop Business Finance is continuing its growth, with the head office moving into bigger premises at Wheldrake, on the outskirts of York. Founded in 2014 by Andrew Mackenzie, OSBF was created with a desire to offer solution-led and responsible funding options to help UK businesses to succeed. Starting life from […]
A challenging start to the year for UK automotive manufacturers continued into April, with the latest SMMT data out this week showing vehicle output at a 70-year low for the month. The performance is a reflection of an industry undergoing immense transformation amid strong global headwinds. For the car sector, weak demand in key markets and […]
Brickflow, the UK’s first digital platform for specialist property finance, has announced that Cynergy Bank will be joining its Lender panel for bridging, development and commercial products. As one of the UK’s leading challenger banks, Cynergy’s decision to join Brickflow signals a clear shift towards the continued digitisation of the sector. With borrowers and brokers […]
