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Small businesses are sceptical on alternative payment services

The majority of small business owners still rely on banks for their payment services, a new survey has found. Many said they were sceptical of, or didn’t entirely trust, alternative payment providers.

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Digital divide could be holding back the UK economy

Nearly half of UK businesses could be in danger of falling behind as they fail to adopt digital technologies, according to a new report.

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Overdue business payments reach a two-year high

The number of late payments owed to businesses in the UK has hit a two-year high, according to a new report.

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Record levels of UK businesses are interested in exporting

A record number of UK businesses have registered interest in exporting via government-brokered opportunities, it has been revealed.

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HSBC sets up £10 billion funding pot for SME support

HSBC is to commit at least £10 billion in loans to small and medium businesses this year. This is the bank’s largest funding package for SMEs to date, topping the fund of just more than £8 billion it announced a year ago.

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