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Consumers are still shopping at small businesses despite costs 

Consumers are still shopping at small businesses despite the cost-of-living increases, new research by GoCompare has revealed.  A recent poll by the insurance comparison site found that over three-quarters (78%) of UK adults back small shops, showing their support for independent...


UK SMB founders focus on resilience and adaptability to combat inflation pressures 

UK founders have increased their resilience (57%), adaptability (55%) and financial acumen (48%) since starting their own business, according to a study of 502 UK SMBs founders by Oracle NetSuite and The Founding Network.  The Oracle NetSuite State of Entrepreneurship Report: How...


Fostering development for SMEs 

Aliaksandr Kuushynau, Head of Wialon, Gurtam, speaks to Intelligent SME.tech about Gurtam, some of the key challenges SMEs are facing and a recent implementation with RBR Betón, a fleet management company based in Slovakia.    Gurtam is a developer and provider of software...


Poor connectivity is costing British SMEs 

UK micro-businesses and SMEs, that provide their employees with work phones, are losing out on over one hour of working time per employee, per week, on average, as poor connectivity means that staff cannot get online or complete work effectively. For medium-sized businesses, this equates to up to...


New analysis reveals the importance of SMEs to the British economy  

New research reveals how important SMEs are for the British economy as they contribute more than £2 trillion in turnover and employ 44% of the British workforce.   The study, by the School of Marketing, analysed the latest ONS and government data on the number of SMEs in 2021 to...


British business owners dip into their own pockets as cost-of-living crisis bites 

Almost three-quarters of entrepreneurs have admitted to dipping into their personal savings in the last month to save their business from going under, according to new research commissioned by the  Parliament Street think tank.  Independent research company, Censuswide was commissioned...


Cost of living crisis and employee burnout causes worker flight risk for British businesses 

Employment Hero has found that British small businesses are facing a rocky road ahead as only 40% of employees feel fairly paid for their work and over half of the workforce have a work-life balance that is average or poor. The research, which surveyed over 2,000 employees, also found...


Small businesses stockpile £75,000 in surplus cash but half of firms are earning 0% interest 

Small businesses in the UK have an average of £75,000 in spare cash but nearly half of firms (49%) store this money in business current accounts usually paying zero interest, research from Recognise Bank reveals.  The challenger bank is warning that SMEs could be missing out on...


BT accelerates security for UK small firms  

BT estimates thousands of the UK’s smallest firms could be leaving themselves open to cyberattack because they have little or no business-grade cybersecurity measures in place, according to new research it has commissioned.   The survey of 1,000 decision-makers at UK businesses...


The European Investment Fund and Resilience Partners continue to support SMEs’ growth 

The European Investment Fund (EIF) and Resilience Partners, a private debt firm, have partnered to provide financing support and flexibility to high-growth Spanish and European SMEs. Given the large demand from companies with financial needs, the Resilience Partners Fund II, S.C.A., SICAR has...


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