More than 1,700 businesses have been granted alternative finance options through the Bank Referral Scheme (BRS) after being turned down for traditional business loans, new figures reveal.Continue reading
According to the latest industry research, 2.5 million (44 per cent) UK small and medium-sized enterprises (SMEs) are struggling with cash flow as they prepare for Brexit.Continue reading
According to the latest research from the Independent Chartered Accountants of England and Wales (ICAEW), late payments are more of a problem for businesses than they were last year.Continue reading
Thousands of people who fall victim to scams are to receive new protection, after a number of the UK’s biggest banks agreed to introduce a new code.Continue reading
MPs have urged businesses to consider vulnerable people’s access to financial services, with talk of the UK becoming a cashless society.Continue reading
The British Chambers of Commerce (BCC) has this month downgraded its growth expectations for the UK economy in response to “continued Brexit uncertainty”.Continue reading
Barclays bank have announced plans for a major lending fund worth £14 billion pounds, which will help small and medium enterprises (SMEs) to flourish once the UK has left the European Union (EU).Continue reading
Innovate UK Smart funding launches with £20 million grant competition for ambitious projects that could disrupt a global industry or market.Continue reading
HM Revenue and Customs (HMRC) has toughened its stance on debt recovery, by taking money owed to them directly from hundreds of pay packets during the last financial year.Continue reading
In November, Britain saw the largest raise in overall real wages since September 2016, rising the spending power of the average British worker to the highest it has been in two years.Continue reading
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