Only Fools and Horses may have finished over 20 years ago, but it seems that the spirit of wheeler dealer businessman Del Boy lives on in Britain’s entrepreneurs, with a recent study finding that some SME owners are obsessed with fast cars and piles of cash.
A new study suggests the relationship between high street banks and SMEs is weakening as the shift to digital leads to more businesses switching providers or seeking alternative forms of financing.
British consumers spent well over £800m during last year’s ‘Black Friday’ shopping event, causing major disruption to small businesses. Research from Royal Mail has found that nearly two-thirds of SMEs will once again be unprepared to cope with huge consumer demand.
The Bank of England has released new figures regarding its Funding for Lending scheme (FLS), in which net lending to small and medium-sized businesses rose by £490m during the second quarter. Find out which bank lent the most to SMEs in the past three months.
According to an Escape the City survey, hundreds of young employees are leaving their jobs due to a stressful working environment, with many joining start-up companies. Find out the top ten companies that employees are jumping ship to join.
Yesterday’s news that the new £20 note will be made from polymer means that only the £50 banknote will continue to be made from paper for the foreseeable future. However, according to CMS Payments Intelligence, this shift comes at quite a cost for UK businesses.
Hiscox has released its seventh annual ‘DNA of an Entrepreneur Report’, with the firm using its global network of 268,000 small businesses to calculate the value of global entrepreneurship and business innovation.
According to the Government Digital Service (GDS), G-Cloud sales hit the £26m mark in July, with SMEs being awarded 64 per cent of the total. This means that G-Cloud sales are close to hitting £700m since the initiative's creation in 2012.
YourComicStory, a comic book company that specialises in creating educational books for children, is raising money to distribute ‘My First Startup’, a comic that encourages kids to become entrepreneurs.
Apprenticeship campaign group the 5% Club has gained its 100th member within two years of its formation, with the government praising the group’s efforts to ensure that five per cent of all UK workforces are apprentices.
