Business Insights

SMEs believe they could go out of business if they don’t adapt to new technology

More than a third of UK SMEs believe they are in danger of going out of business if they don’t adapt to new digital strategies and technologies, according to a new report.

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Small business confidence was at a 4-year low before the referendum

Small business confidence was already low before the EU referendum took place, a new survey reports.

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More than 20,000 UK micro-businesses generate turnovers of more than £1 million

There are now more than two million micro-businesses in the UK and more than 20,000 of them generate turnover in excess of £1 million, according to a new report.

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Bank branch closures linked to dramatic fall in small business lending

The closure of hundreds of local bank branches over the past three years has had a dramatic effect on lending to small business in the affected areas, according to a new study.

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Energy market reforms heralded as big win for smaller businesses

The Competition and Markets Authority (CMA) has finished its investigation into the UK energy market and has published details of a wide range of reforms aimed at modernising the market for domestic and micro-business customers.

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