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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...


Flat6Labs and DisruptAD to launch second cycle of Ignite Accelerator Programme 

Flat6Labs, in partnership with DisruptAD, the venture platform of ADQ, has unveiled the nine innovative start-ups that have been selected to participate in the prestigious Flat6Labs Ignite programme, following a rigorous vetting process of more than 700 start-ups globally.   Launched in...


UK government scheme urges SMEs to embrace ‘digital’ for business growth 

Through its Help to Grow: Digital scheme, the UK government is providing businesses with free and impartial information and support to help them adopt new digital technologies. Here, Daniel Harrison, Head of SME policy at the Department for Business, Energy and Industrial Strategy, tells us more...


‘Blue’ SMEs face key barriers to growth – why we must ensure they succeed

A specialist international business network is calling for greater opportunity to enable blue economy entrepreneurs, start-ups and SMEs to scale up and fulfil their growth potential. The Funding Atlantic Network for Blue Economy Technology Transfer (FANBEST) has identified that blue...


Tech roles in UK surpass pre-pandemic levels 

The number of tech jobs in England and Wales reached record levels in 2021, with tech firms publishing more IT vacancies in the last year than all British businesses combined did in 2020, a new labour market report said.    According to global recruitment consultancy,...


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