Almost a fifth (18%) of small business owners have identified late payments as the key barrier to their growth – behind only competition as the biggest barrier – according to new research by Superscript, the insurtech which provides SMEs with flexible insurance. The research, part of a report titled: Supercharging small business growth, highlights the […]
Despite the challenges of the past 18 months, new research from Google shows small businesses in London are poised to grow in the next year, with 70% surveyed planning to expand nationally and/or internationally for the first time in 2022. 29% of those surveyed intend to expand both nationally and internationally in 2022. SMEs’ expansion plans in London […]
2020 was a turbulent year in which much of retail bounced between being open and closed, impacting footfall significantly. To make meaningful comparisons to changes in footfall, all 2021 figures are compared with 2019 (pre-pandemic). This means our 2021 figures are now year-on-two-years (Yo2Y), rather than year-on-year (YoY). Covering the four weeks 31 October – […]
iwoca, one of Europe’s largest small business lenders, has today announced the expansion of its merchant cash advance product to small businesses to all businesses accepting card payments in the UK. The merchant cash advance will enable small businesses to repay their loan based on their sales and stay in control by choosing what percent […]
Two-fifths of small businesses (43%) report that their performance is back to pre-pandemic levels, with nearly a third (30%) stating they are performing better than they were in February 2020. The research from Enterprise Nation and Starling Bank reveals that while 40% of businesses are yet to bounce back, more (43%) say they are recovering […]
Entrepreneurs in the UK predict strong business growth of 37% for 2022, as new research from Barclays Eagle Labs highlights support that could help unlock further growth for early stage businesses. 58% anticipate an increase in turnover in the next year, with the South West (72%) the most optimistic region, followed by London (67%), the […]
The UK business savings market increased month on month by £1.6bn in October to £383bn, as UK businesses show renewed focus on building up financial buffers and preparing for future investment, according to analysis by Aldermore bank of data released by the Bank of England. Business Savings market up to £383bn in October, with growth […]
New research from the UK’s leading premium finance company, Premium Credit, reveals that over the next 12 months, 36% of SMEs expect to see their income grow, compared to just one in four (24%) who anticipate it will fall. Some 12% of businesses expect to see double digit growth in their revenue. The main reason […]
Despite lingering anxieties about the pandemic and a variety of economic and commercial issues, the majority of SMEs believe it is now imperative to begin building back from the crisis. They are ready to step up their business investment, with ambitious plans for recruitment, renewal of equipment and machinery, and both domestic and international expansion. […]
UK businesses’ appetite for tech investment is growing, research from Studio Graphene has revealed. The London-based digital agency commissioned an independent survey of 752 senior decision-makers within UK businesses. It found that the majority of businesses (58%) said they expect their IT spend to grow in the coming 12 months. However, small businesses are set to be more […]
30/11/2021
Edition 295 – November 2021
Well read? By Business Money group editor Robert Lefroy Great expectations Jo...
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