The number of UK businesses selling via social media sites and apps is predicted to double in the next six months – new research from PayPal reveals. British shoppers will be able to shop on the social media channels of a further 600,000 UK businesses, as the popularity of mobile shopping expands to new sites […]
Shawbrook Bank has announced the launch of a new Business Savings Easy Access account as it begins the roll‐out of its enhanced SME savings proposition. Business customers will now have a wider range of savings products to choose from and new applications will benefit from an improved rate on Shawbrook’s existing 100-day notice account. This […]
The UK SME late payment debt has risen to a staggering £23.4bn, up £10.4bn on the £13bn owed in 2018 – according to figures released by Pay.UK, which runs the Bacs Direct Credit and Direct Debit payment services. On top of that, the research shows that UK SMEs are now facing a total bill of […]
With the peak shopping season almost upon us, and winter temperatures finally setting in, retailers were given a much needed boost in October, with online sales growing by +6.2% Year-on-Year (YoY), according to the latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers. Though still behind the 5-year […]
From ASOS to Amazon to Argos, many retailers were pushing their Christmas online order dates right up to Christmas Eve last year. But new research from home delivery expert ParcelHero reveals there is a significant demand for deliveries on Christmas Day itself: and 20% of shoppers would pay up to £5 extra for a December […]
CitySprint has announced that 500 additional couriers are required across the UK ahead of the Christmas rush. Christmas can often be a make-or-break time for many businesses — especially those who operate online and rely on an efficient delivery service to get their goods to their consumers. Peak season traditionally runs from the end of […]
These are the findings of the P2P platform Robo.cash based on a survey among European P2P investors. Respondents show positive attitude towards digital services in general, which in large part is due to the age aspect. Most of them are Millennials and Gen Z who have grown together with the digital environment. The majority of […]
How are borrowers adjusting their interest rate hedging strategies to take account of the impending general election and the uncertainty surrounding the UK’s future relationship with the EU? Negative interest rates and refinancing risks remain hot topics. Some borrowers focus on certainty of funding costs while others are adding flexibility to their hedging plans. The […]
The number of manufacturing businesses entering insolvency has hit a five-year high rising 7% to 1,466 in the last year (to 30 September 2019) up from 1,373 the previous year, says chartered accountants and business advisors, Moore. Moore says that the rise in manufacturing businesses going insolvent is being driven in part by Brexit-related uncertainty […]
UK SMEs are reaping the benefits of going on international business trips and winning new business as a result. New research from the British Airways American Express® Accelerating Business Card has found nearly two thirds (62%) of UK SME leaders have taken international business trips in the past two years and more than a quarter […]
