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Survey reveals a decline in average bonus handed out for SMEs

A work perk that’s sure to both spark motivation and start the new year strong is by rewarding employees with a bonus. money.co.uk business bank accounts experts surveyed 500 small business owners on all things surrounding bonuses and employee motivation, and the results revealed that bonus...


Open ECX announces 30% revenue lift and growing headcount

Open ECX, a leading provider of Accounts Payable (AP) automation software, has reported a 30% cumulative growth in 2023 relevant to the same period the previous year. The multi award-winning company, which works with major firms such as Grundfos, NG Bailey and Wolseley, has also grown its...


Global sustainable Bitcoin Mining Race debuts in the Middle East

Mining Grid, blockchain technology-based start-up providing innovative solutions in digital assets, has launched its first ‘Mining Race’, a cutting-edge initiative set to transform the mining landscape in the Middle East and globally. With headquarters in the UAE, the company is led...


One in five UK small businesses could not report on any of their emissions if asked tomorrow

Despite a growing commitment to sustainability among small businesses, recent research by Novuna Business Finance reveals a significant gap in the number of businesses which would actually be able to report on their own carbon emissions. As new regulations such as the EU’s Corporate...


What did the Autumn Statement offer SMEs in the UK?

A freeze in the small business rates multiplier and the announcement on late payments in the UK’s Chancellor’s Autumn Statement were welcomed by many SMEs, but some commentators do not think the measures went far enough. Chancellor, Jeremy Hunt, said yesterday that the small business...


Employment Hero announces UK as European HQ

Employment Hero, one of the world’s largest employment management platforms, has announced a Series F growth round of £131 million to fuel its rapid global expansion. The funding (subject to Foreign Investment Review Board approval) follows the company’s 2022 Series E and takes...


BOXPARK reports revenue boost in latest accounts

BOXPARK, an award-winning dining, leisure and retail concept in the UK, has published its latest accounts, revealing continued year-on-year revenue growth with sales 35% higher in the year ending April 2023, than in the year prior to COVID-19 (April 2020).  In the reporting period, the...


Payoneer and Etsy partner to make it easier for sellers in emerging markets to get paid 

Payoneer, a financial technology company empowering the world’s small- and medium-sized businesses (SMBs) to transact, do business and grow globally, announced a collaboration with global online marketplace, Etsy, to support its bespoke seller offering, Etsy Payments. The collaboration will...


Camile Thai grows burgeoning restaurant franchise business with help from AccountsIQ

Camile Thai sells Thai food which aims to be healthy, sustainable and delicious. It started in 2010 and has grown to 52 branches, primarily in Ireland but also with some in the UK. It is a high growth restaurant franchise and as the company expanded, it realised it needed a single finance...


Unlocking venture capital: the five Ms of SME funding success

Proving your start-up has long-term potential can be a difficult task, but it is essential if you want to encourage investors to open their wallets. Rich Abrahams, Chief Investment Officer of Sprout, explains how SMEs can approach the process of securing venture capital. He speaks about the five...


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