Business & Industry
Supporting SMEs
-
Support Britain’s SMEs to supercharge business growth
SMEs are the cornerstone of the British economy. They represent over 99% of businesses, employ 60% of the private sector workforce, and generate 52% of private sector turnover, which totals £2.8 trillion.1 In today’s increasingly turbulent economic landscape, it is vital that SMEs are given the right tools and support to grow and succeed. Yet, we...
-
s Sponsored
Optimism for small businesses looking to grow from Black Friday data
An ecosystem of ecommerce tools drove sales over Black Friday and Cyber Monday, fuelling growth for small businesses. Learn how entrepreneurs are embracing AI to save time and boost success into 2025. Over the Black Friday and Cyber Monday weekend, Square‘s internal survey found that sellers using Block’s ecosystem of commerce tools broke records with...
-
Signposting essential tax support and digital services for UK businesses
Find free tools, guidance and digital services to help UK businesses thrive. From tax support to spam protection, SMEs can find assistance at every stage of their journey. Small businesses are the backbone of the UK economy, and HM Revenue and Customs (HMRC) is committed to helping you meet your responsibilities to pay the right...
-
s Sponsored
Revolut Business: giving SMEs the key to operational efficiency
Learn how small and medium-sized enterprises (SMEs) can streamline business finances through a single platform. Earn daily interest, accept payments with ease, and manage everything in one place to simplify growth and operations. For SMEs, it can be challenging to manage financial tasks while growing a business. According to a recent survey of business leaders...
-
s Sponsored
Without SMEs, the economic growth mission could fail
The Government’s economic growth mission may fail if small and medium-sized enterprises (SMEs) aren’t prioritised. Discover why supporting challenger banks and fintechs is key to unlocking further SME potential. Driving growth, job creation and innovation, SMEs are the cornerstone of the British economy. Yet, they face significant challenges to succeed. One challenge is the ability...
-
s Sponsored
How accountants are driving SME growth and resilience
Accountants are expanding their strategic impact, combining deep financial expertise with forward-thinking partnerships to build sustainable, successful businesses. The rapidly evolving business landscape is putting the resilience of small and medium-sized enterprises (SMEs) to the test like never before. For example, many SMEs understand the importance of operating sustainably, as the resulting efficiencies can be...
-
Ways small businesses can maximise the festive spending boom in 2024
The nation’s 5.5 million small businesses1 have faced tough challenges, including the cost-of-living crisis, inflation and post-pandemic recovery, negatively impacting entrepreneurs, their confidence and communities. With signs the economy is turning a corner, there is a huge opportunity for small firms to drive renewed economic growth for the UK as we head into 2025. To...
-
A blueprint for small businesses’ exporting growth
The untapped global potential of small businesses in the UK is a missed economic opportunity we cannot afford to ignore. Only 12% of registered small firms trade internationally,1 but many more than that want to; if we could double that figure, the UK’s overall economic growth would benefit enormously. Boosting small business exports Small businesses...
-
Report reveals recommendations to help SMEs boost workplace equity
The UK’s 5.5 million SMEs are the beating heart of the economy, but they need help to create more equitable workplaces. Creating a level playing field for everyone in a workplace makes good business sense. It helps companies recruit — and retain — employees who are skilled, engaged and productive. Yet, research by the British...
-
Strategies for UK SMEs to overcome supply chain vulnerabilities
The dynamic landscape for UK SMEs has been influenced by a confluence of factors, including the integration of new technologies and the growing importance of the circular economy concept. The UK SME landscape is shaped by technological advancements, a push for circular economy practices and challenges from Brexit, energy costs and global uncertainties. While SMEs...