Shoppers urged to support small businesses as confidence wobbles Business The public is being urged to show support for small businesses as part of an annual event on Saturday, following signs that tax hikes have dented confidence across the sector. Organisers say Small Business Saturday could provide a “lifeline” for smaller companies in the important run-up to Christmas The campaign group said the public is [...]
Fear of failure is holding British entrepreneurs back Opinion Too many aspiring UK entrepreneurs believe they are doomed to fail before even starting a business, a new report finds It takes great courage to start a business. Often, it means leaving a job with a guaranteed income, holiday allowances and welfare contributions. It is hardly unsurprising then that most people are afraid to make [...]
Bad data holding back lending to UK’s small businesses, fintech chief warns Banking High street banks are keen to lend more to small businesses but being held back by poor data sharing, the head of of a government-backed fintech hub has said, hailing the sector's potential to boost UK economic growth.
Wholesaler Kitwave optimistic after strong summer sales September 3, 2024 Food wholesaler Kitwave has reported a booming summer, leaving it confident that it could deliver financial results in line with expectations at the end of the year. The AIM-listed delivery business, which floated in 2021, reported strong customer demand in a trading update this morning, with an eye towards the end of its financial year [...]
How to pick the best UK small companies to invest in September 3, 2024 When it comes to investing in the stock market, we all know the UK is cheap. But smaller companies are even cheaper.
Workers’ rights fines will harm growth and jobs, small businesses warn September 3, 2024 The government risks “reversing economic growth” and disincentivising hiring if it pursues plans to issue “punitive” fines to businesses that breach its workers’ rights plan, industry leaders have warned. Businesses face paying thousands of pounds in fines if they fall foul of the new protections that Labour are hoping to introduce, it was revealed on [...]
UK on track for record number of new company creations in 2024 August 20, 2024 The UK is on track for a record year of new company creations in 2024, new data has suggested, in a positive sign for the country's economic prospects.
Meet the Fund Managers: Small companies, large gains August 5, 2024 Investment reporter Elliot Gulliver-Needham speaks to Ken Wotton, manager of investment trust Strategic Equity Capital.
Smallcap trust Smithson struggles to find hidden gems as net asset value drops by nearly two per cent July 29, 2024 Smallcap-focused Smithson Investment Trust struggled to find the diamonds in the rough as its net asset value dropped 1.8 per cent over the last six months.
Bank of America backs London fintech Simply’s lending to small businesses June 28, 2024 Bank of America has thrown its weight behind London-based fintech Simply Asset Finance to support its lending to small businesses.