New data from independent lender, Time Finance, reveals that SMEs are not utilising their options when it comes to accessing alternative finance, with nearly 60% having never looked beyond their own bank for commercial finance solutions. Urging SMEs to broaden their horizons when it comes to investing in growth, Time Finance’s new survey delves into […]
Small business numbers in Croydon are growing at a faster rate than anywhere else in London, new GoDaddy research shows. The constituency of Croydon Central (incorporated into Croydon East during the 2024 change in boundaries) saw a spike of 24% in its microbusiness numbers during the past 12 months, making it the fastest growing area […]
Swoop, the award-winning global business funding and savings platform, is excited to announce a significant strategic investment from Sandbox Industries, a leading venture capital and consulting firm with deep expertise in the insurance and financial services sectors. This investment will power Swoop’s ambitious expansion into the US market and strengthen its mission to empower SMEs […]
Metro Bank has launched its new brand positioning ahead of the Bank’s 15th anniversary later this year. Metro Bank was the first UK bank in over 100 years when it opened its doors in 2010. A refresh was undertaken to support brand evolution and growth strategy and to highlight Metro Bank’s areas of expertise and differentiation. […]
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 […]
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 […]
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 […]
New analysis of Companies House data published today by Zempler Bank, a digital bank serving start-ups and microbusinesses, shows company formations fell year-on-year by eight per cent in 2024. Zempler, which offers a company formations service, has produced analysis showing that there were 807,000 incorporations in 2024, down from the 844,000 recorded in 2023. This […]
Conister Bank Limited (“Conister”), part of Manx Financial Group PLC (AIM:MFX), is delighted to announce the launch of a new easy-to-use online deposit system for its UK retail customers. The launch follows the success of its digital distribution channel on the Isle of Man, which now accounts for over 70% of the bank’s lending. The […]
The British Business Bank has agreed an ENABLE Build transaction of up to £150m with specialist bank Shawbrook to increase the amount of development finance it provides to UK smaller housebuilders. Shawbrook has surpassed £2bn of lending to UK property developers, creating over 8,000 new homes. The guarantee is expected to further support over £300m […]
