A new analysis by iwoca, one of Europe’s largest SME lenders, reveals that among major economies, SMEs believe that the UK offers the least support for businesses and performs the worst at creating wealth. Almost a quarter of SMEs (24%) identified the UK as the worst compared to other top 10 economies for business support, with […]
HM Revenue and Customs (HMRC) has released its monthly figures this morning which show that inheritance tax receipts hit £6.3bn in the nine months from April to December 2024. This is £600m higher than the same nine months last year and continues the upward trajectory over the last two decades. In 2023-4 tax year, HMRC […]
GDP is on track to grow by 1.2% in 2025, according to reports from multinational investment bank Goldman Sachs – contrary to previously higher predictions. What could this mean for smaller businesses over the next 12 months? Artisan Market experts at the UK’s leading market and stallholder directory, Pedddle.com, work with a variety of independent […]
The Canadian government will hit back at US President Donald Trump’s trade tariffs with retaliatory tariffs of their own, supported by the new Canada US Relations Council, say leading audit, tax and business advisory firm, Blick Rothenberg. Melissa Thomas, head of Canada Desk at the firm, said: “While in the Oval Office on Monday, Donald […]
New data released by SmartSearch, the UK’s leading provider of digital compliance and anti-money laundering (AML) solutions, found that almost three-quarters (72%) of regulated companies feel overwhelmed by ongoing anti-financial crime compliance demands. Financial crime is costing the UK around £100bn a year, and leading to very real-world problems, such as human-trafficking, money laundering, and the […]
Since it was established in 2014, the British Business Bank has delivered more than £32bn in combined public and private sector funding, supporting 209,000 smaller businesses which are expected to create 250,000 additional jobs and sustain almost 2.3 million existing positions, cementing its role as a critical driver of growth and employment in the UK […]
Luxury asset lender, Suros Capital is offering brokers 3% commission on all loans secured against luxury assets which complete before the end of March 2024. This marks a 2% increase on the current baseline commission. Ray Palmer, director at Suros Capital, said: “The enhanced commission deal is an added incentive to introducers to help them […]
In 2024, the number of registered company insolvencies in England and Wales was 23,872, 5% lower than the number of insolvencies in 2023, which saw the highest annual number since 1993. The construction industry experienced the highest number of insolvencies in the 12 months to November 2024 at 4,102, which makes up 17% of all […]
Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘London’s blue-chip index has found another spring in its step, rising to fresh record levels. It climbed to 8,565 before slipping back slightly. Investors are batting away concerns about the impact of President Trump’s policies on the global economy. The make up of the FTSE 100 […]
Experts from business advisory firm Quantuma have advised the shareholders of premium UK dog treat brand JR Pet Products Limited on its acquisition by AlphaPet Ventures, a well-established digital brand platform for premium pet food in Europe. With highly complementary group brands, the sale positions JR Pet Products for accelerated growth and a prosperous future. […]
