New research has discovered that 20 per cent of loans provided though the 2.3bn Enterprise Finance Guarantee (EFG) scheme are ending up in default.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Improvements needed to recruit Generation Y
Progress in recruitment is good but more must be done to develop young people in work
New tax planned for firms that hire workers from abroad instead on Brits
Plans to encourage businesses to hire Brits have been unveiled with a new tax on firms that rely on cheaper workers from abroad
SMEs are focused on global aspirations rather than issues closer to home
UK SMEs are more concerned with the impact of market and political risks on their business than managing the potential internal risks their business faces on a daily basis.
Third of new UK businesses will start life as a pop-up
New research has revealed that almost a third of new British businesses will start life as a pop-up. The research has also found that 11.6 million people want to become an entrepreneur in the next two years, and 29 per cent of them plan to do so by launching a pop-up.
BGF launches largest venture fund for UK businesses
BGF (Business Growth Fund plc) is expanding its activities by launching the largest ever venture capital fund dedicated to earlier stage UK technology companies.
Boost your business’ productivity by winning an office makeover
Would your business benefit from an office makeover? Create a Wall are challenging business owners all over the UK to create the ideal office space, by winning a custom wall mural.
UK workers left vulnerable & in the dark about new pension reforms
A startling lack of public awareness about the new pension reforms and a concern that they may exacerbate irresponsible spending, pensioner vulnerability and fraud is revealed by new Towers Watson study
Growth forecast softens as manufacturers lose momentum
The latest quarterly Manufacturing Outlook survey reveals a picture of weaker than expected growth for the sector in the second quarter of the year.
Labour hopeful Burnham courts business with claim he loves entrepreneurs
Andy Burnham is seeking to position himself as the ‘champion’ of wealth creation in a bid to challenge the view he is the unions’ candidate for the Labour leadership
UK growth accelerates to 12 month high
UK economic growth raced ahead in the three months to May, reaching its strongest rate for a year, and the fast pace of growth is expected to continue.
The £ factor: Simon Cowell named celeb most want to help boost finances
Simon Cowell is the celebrity that people are most likely to take financial advice from; Sarah Ferguson is the least likely to be asked.
Trustpilot closes $73.5m funding round to continue global growth strategy
Online technology business generates one of the highest amounts of investment funds in Danish history.
Women’s earnings rise to new levels but still lag behind men to hit millionaire payday
Rising incomes for women mean that over the course of the last year they have shaved on average nine months off the age they will be when they reach £1 million in lifetime earnings.
Retailers urged to invest to capitalise on dramatic rise in consumer confidence
CBI Retail Report suggests British retailers enjoyed a jump in sales this month and were at their most optimistic for 27 years
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