Late invoice payments are killing SMEs

  Ask ten small business owners to name the most important thing their business needs to do in order to thrive, and you will get ten different answers. Some will talk about innovation, some about understanding customer needs, and others about delivering a value proposition. Yet there is something more fundamental that is common to […]

Women in business – the rise of female-led SMEs

8th March 2018 marks International Women’s Day, a moment to reflect and press for progress for gender equality. Therefore we take this opportunity to briefly look at how women are represented across the UK small business population.

Open banking – an introduction

  What is Open Banking? Open Banking is a set of software standards and industry guidelines that aims to drive competition and innovation in UK retail and business banking. Good news for small businesses and consumers! It is governed by the Competitions & Markets Authority (CMA).

Support for businesses affected by Carillion collapse

The collapse of construction giant Carillion has impacted upon thousands of small business suppliers and sub-contractors. This week’s news that Carillion has gone into liquidation will have an immediate impact upon suppliers who are owed money or who are currently working on Carillion projects. It will undoubtedly mean impairments for those small businesses, but more […]

Skills shortages to be biggest barrier for SMEs

Today the British Chambers of Commerce (BCC) has published its Q4 2017 Economic Survey – Britain’s largest and most authoritative private sector business survey – based on more than 7,000 responses from firms across the UK. The report shows that growth in the UK economy remains subdued, with almost all services indicators down since the […]