Category: Loans

UK SMEs face complicated recovery

Research for Accountancy Age highlights disparity between SMEs across the UK as they begin to emerge from lockdown. Over one-third of small-to-medium sized businesses (SMEs) have been “completely disrupted” by the pandemic, according to new research by FreeAgent. Overall, 87 percent of surveyed SMEs said their business had suffered due to coronavirus, with further research…




Small Business Confidence Nose Dives

The economic gloom surrounding Brexit has prompted a record fall in business confidence. The level of business confidence has fallen from 37.9 to 4.3 on the scale used by The Federation of Small Businesses (FSB) to highlight the challenge facing businesses. Small businesses all across the country have decided to cut back on investment and…




R&D Threatened By Switch From Grants To Loans

UK businesses are facing the very real threat of having to scale back research and development as the government threatens to pull the plug on grants and replace them with loans. Government grants have long been an effective way to support business innovation in the UK particularly in pharmaceutical, aerospace and automotive industries. With most…