Two-thirds more businesses are experiencing difficulty in accessing finance from high-street banks than they were in 2022 as mainstream lenders pull away from the SME market.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Deputy PM: AI set to be Bigger than the Industrial Revolution
AI could have a greater impact on the UK than the Industrial Revolution and play a key role in accelerating government decisions, according to Deputy PM Oliver Dowden.
Pubs in England and Wales to Continue Selling Takeaway Pints After Government Extends Licensing Rules
In a move to support the struggling hospitality sector, the UK government has decided to extend the relaxed licensing rules allowing pubs in England and Wales to continue selling takeaway pints.
UK Business Climate Hub launches to help 5.5.m SMEs slash emissions
The UK government has announced the launch of a new service to help Britain’s 5.5 million SMEs save on their energy bills while reducing their emissions.
Escape to the country: British boom in rural entrepreneurs
Almost 100,000 rural microbusiness have been started in the past 12 months, with female entrepreneurs at the heart of the booming countryside economy.
Birmingham ruled out as Commonwealth Games replacement venue by mayor
Birmingham has been ruled out as a replacement venue for the 2026 Commonwealth Games by West Midlands Mayor Andy Street.
RMT announces Saturday rail strikes in August and September
Members of the biggest rail workers’ union are to stage fresh strikes in a long-running dispute over pay, jobs and conditions.
UK government demands answers from Amazon over policy change impacting sellers’ funds
The UK government has demanded answers from Amazon following recent policy changes that have left hundreds of sellers unable to access their funds.
Warm Weather Boosts UK Economy in June
The warm weather in June has had a significant positive impact on the UK economy, surpassing expectations and providing a much-needed lift.
Sunak could follow Biden’s lead and ban UK investment in Chinese tech businesses
Britain could follow America and block UK companies from investing in Chinese tech businesses, senior government figures said yesterday as they warned that Beijing represented a significant threat to the UK’s security.
UK economy records better-than-expected growth in second quarter of 2023
The UK recorded better-than-expected growth in the second quarter of the year, with record temperatures in June boosting summer spending in pubs and restaurants to help the economy to avoid a recession.
Elon Musk set to auction Twitter signs and other memorabilia
Multi-billionaire Elon Musk is putting Twitter building signs and other items from the company up for auction just weeks after the firm’s rebranding as X.
Halifax joins other lenders in cutting mortgage rates
Halifax is set to sharply cut rates on some of its fixed mortgage deals, potentially easing pressure on some homeowners.
Biden bans US investment in Chinese tech as he declares ‘national emergency’
President Joe Biden on Wednesday signed an executive order that will prohibit some new U.S. investment in China in sensitive technologies like computer chips and require government notification in other tech sectors.
Amazon in talks to become anchor investor in UK microchip designer Arm
Tech company Amazon is in talks to become an anchor investor in the upcoming stock market flotation of British microchip designer Arm.
















