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SMEs are less sure on Europe than big businesses

Small and medium enterprises in the UK are split over the forthcoming referendum on whether to stay in the EU, a new study has found. Big businesses, meanwhile, are far more likely to lean towards staying.

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SMEs owed more than £500 billion in late payments

Small and medium businesses in the UK are owed over £500 billion in outstanding invoices, according to a new study. The Lloyds Bank Commercial Banking Business in Britain study found that the problem of late payments is mounting, with the amount owed representing an increase of more than 70% in just two years.

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Confidence falls as cyber-threats become more sophisticated

Less than half of all organisations worldwide feel confident in their abilities to defend themselves against cyber-attacks, according to a new report.

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UK tech firms break venture capital record in 2015

The UK’s technology sector received a record $3.6 billion (£2.54 billion) in venture capital funding in 2015. This represents a 70% increase over the $2.1 billion raised in 2014, a figure that was itself record breaking at the time.

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Record number of new businesses were started in 2015

A record number of start-ups were recorded in the UK in 2015. New figures released by Companies House show that 608,100 new businesses were launched last year, beating the 581,173 started in 2014 and setting a new record for the fourth consecutive year.

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