UK SMEs face challenges as GDP declined by 0.1 per cent in May 2023, and pressure mounts from interest rate hikes, inflation, and late payment practices by large businesses.
British startup Luxtripper showed the way to recover from COVID-19 setbacks by building a resilient system within the past three years of turbulent times, gaining 144.87 per cent growth and £27.9 million in sales.
As internet users flock to Threads, business owners are advised to approach the platform with caution and foresight, considering compatibility and potential risks.
A study by Manx Financial Group reveals that a significant number of UK SMEs have been forced to reduce or halt their operations due to a lack of funds.
Despite facing rising borrowing costs and the persistent issue of late payments, the SME community in the UK continues to display remarkable resilience.
A recent analysis by Rimm Sustainability reveals that nearly half of UK SMEs lack a designated person overseeing their sustainability efforts.
The ongoing UK-India free trade agreement negotiations are focusing on women-led SMEs with a dedicated chapter on Trade and Gender Equality.
According to recent data by Barclays Bank, UK SMEs are facing difficulties in hiring Generation Z workers, with 66% struggling to attract this age group.
A recent analysis by Scottish Business Consultancy, Doqaru, reveals the challenges faced by SMEs in finding, assessing and developing sales talent.
A study conducted by Gong reveals that UK enterprises are integrating AI technology into their operations despite the absence of a legislative framework.
Digital staffing platform, Coople, has provided insight into what are the risks posed to companies who hire freelance staff and the cons of being a freelancer.
GBG warns of the rapid industrialisation of fraud in the UK, with 40 per cent of businesses reporting fraud attempts and growing concerns among smartphone owners.
A new report into access to space in the UK has found planning laws have created a distorted market that incentivises landlords to keep properties empty.
According to the 2023 SME Business Survey by HR Solutions, one in two SMEs is concerned about staff retention in the current economic climate.
As the Manufacturing Growth Programme faces termination in June, there is a pressing void in specialised assistance for small and medium-sized manufacturing enterprises.
Google and UK UK National Cyber Security Centre have introduced a free training program called "Improve your online business" security to equip SMEs with crucial cybersecurity knowledge.
The UK has launched its first E-Commerce Trade Commission, aiming to support 70,000 small British businesses in expanding their online trade and exports.
HSBC has unveiled a groundbreaking initiative with a £15 billion financing fund to improve market access and foster the growth of SMEs.
The entrepreneurial spirit in the UK is flourishing, with the number of micro-enterprises steadily increasing, in contrast to larger companies.
As consumers become more conscious of their health and safety, retailers are getting concerned about robust safety procedures to stay ahead of the curve.
The Hartree National Centre for Digital Innovation program has granted £4.5 million to three UK universities to establish SME engagement centres.
Independent takeaways and restaurants in London, Paris and Madrid can apply for new grant funding for sustainable packaging.
A recent Bionic poll reveals that a significant number of SMEs believe that green energy agreements and renewable energy generation are unattainable for them.
British SMEs are making significant investments in sustainability, and this surge in eco-consciousness reflects the growing demand for sustainable options.
According to research by McKinsey & Company, a large number of employees are leaving their jobs due to a poor work-life balance, with 60 per cent considering quitting without having a new job offer.
DBT launches groundbreaking awards to recognise the significant contributions of SMEs to the UK economy by sustaining jobs, increasing wages, and expanding the economy.
Many women prefer the work-life balance that self-employment offers as well as being able to manage work alongside other commitments.
As UK economic dynamics continue to evolve, British SMEs are positioning themselves for long-term success with a digital presence, AI, and other emerging trends.
As the UK prepares for a weekend of celebration and opportunity, SMEs anticipate increased revenue and great customer experience during Royal Coronation weekend.
Brad Sheer, COO of Stream, suggests businesses could "lose out" if they don't branch out and diversify, given that catering to an international market creates a more resilient company.
