Overseas demand for British luxury goods, homeware and sports and leisure products helped an index of UK manufacturing exports recover from a seven-year low in the final quarter of 2019, according to Lloyds Bank Commercial Bank. While UK manufacturing exports fell for the third quarter in a row in Q4 of 2019, according to the […]
In Q4 2019, the total number of retail employees fell by 1.8% year-on-year, a lower rate of decline when compared to Q4 2018 when employment fell by 2.8%. This is the 16th consecutive quarter of year-on-year decline in the retail workforce, proof that the transformation in the retail industry is ongoing. Full-time employment fell […]
Two years after opening, and a year after winning £10,000 in a business finance competition, Barnes-based brewery Jeffersons has demonstrated how a thorough understanding of a niche market, intelligent business planning, and access to funding are the key ingredients to help a small business to flourish. The £10,000 win came from a social media competition […]
Liberis has successfully closed a £32m funding round in its largest equity capital fundraise to date. This investment represents the company’s first institutional equity fundraise and was led by FTV Capital – a growth equity firm with a successful track record of supporting high-growth financial services and technology companies. Liberis is backed by Blenheim Chalcot, […]
Fast growth firm Optimum Finance is leading the UK invoice finance market by incorporating cutting edge technological solutions into its client approvals, onboarding process and financial reporting systems. Optimum Finance, which was established in 2017, has reviewed the market to identify suppliers which can provide the latest data-driven technological solutions to improve client experience. Following […]
The UK economy is missing out on a vital boost as new research reveals small-and-medium sized businesses (SME) are sitting on £86bn of dormant cash in current accounts paying little or no interest. Shawbrook Bank’s inaugural SME Savings Monitor reveals this is also causing smaller firms to miss out on billions of pounds in interest. […]
SMEs are the backbone of the UK economy but are often one of the first to feel the impact of changes to the economic climate or supply chain disruptions. Research carried out by Aldermore, the specialist bank, on how prepared SMEs are when disruptions occur shows the delicate situation they find themselves in. One in […]
Audit, tax and consulting firm RSM has announced major growth plans for its creditor services business, including substantial new investments in products, people and premises. Controlling credit risk As part of a long-term strategy, the firm is further enhancing its product portfolio designed to help businesses manage credit risk among suppliers and customers. Significant investments […]
A survey of 500 small business owners across the UK not only confirms the all-consuming nature of running a small business but has uncovered the differences between men and women in their ability to switch off from work. The survey by Purbeck Insurance Services, the provider of Personal Guarantee Insurance to small business owners across […]
Government could be doing more to ensure that its activities to support businesses are aligned and well-co-ordinated, according to the National Audit Office (NAO). The NAO has published two reports today. The first, Business support schemes, looks at the management of the support government, particularly the Department for Business, Energy and Industrial Strategy (BEIS), provides […]
