Introduction According to a 2025 UK Home Renovation Trends and Statistics report from Hillarys, the average renovation budget is £14,000 when being used to improve part of a property. This figure scales up when a full property renovation is required, the average cost to renovate a 3-bedroom house in the UK in 2024 was £76,690. … Read more
Just before yesterday’s Spending Review, an ambitious £86bn in funding was announced for Research and Innovation projects. We were expecting this announcement back in the Spring Statement as part of the Modern Industrial Strategy. Of course the devil is in the details but overall it looks encouraging if your business fits a specific funding profile. This money … Read more
Introduction According to the latest figures from the Office for National Statistics released in May 2025, business investment in the UK rose 5.9% quarter-on-quarter during the first quarter (Q1) of 2025, recovering from a 1.9% decline in the previous quarter Q4 2024. The year on year increase of UK business investment when compared to Q1 … Read more
Contrary to what some might believe about the complexities of securing European funding, new data reveals a significant success story for the UK. Since re-joining the EU’s Horizon research funding programme, British scientists have been awarded an impressive £500 million in grants. This puts the UK in a strong fifth position overall among all beneficiaries, … Read more
Introduction According to the UK Commercial Property Monitor for Q1 2025 by the Royal Institution of Chartered Surveyors (RICS) there is an increase in demand for occupancy for office (+6%) and industrial (+9%) premises when compared with the previous quarter, signifying gradual improvements in market sentiment for the commercial property sector. However, in comparison the … Read more
Small businesses across the UK could find accessing finance a little easier thanks to a significant recent announcement. The government has committed billions of pounds to bolster funding options, including a substantial £20 billion expansion of financing support through UK Export Finance. For businesses with ambitions to trade internationally, this increased backing could unlock crucial … Read more
Introduction A recent study by Utility Bidder has revealed that only 17% of local authority areas in England and Wales have at least 50% of their non-domestic (business) properties with a positive Energy Performance Certificate (EPC) rating of A+, A or B. The study rates the Top Local Authorities For Starting a Business in 2025 … Read more
Introduction According to NatWest and Beauhurst’s New Startup Index published in 2025, a total of 846,000 new companies started up in the UK in 2024, which was down by 3% on 2023. However, it brings the total number of active businesses registered with Companies House to 5.63 million, which is an all time high. The … Read more
Introduction According to the 2025 State of UK Business Survey by the Boston Consulting Group, 83% of business leaders surveyed stated they feel confident about their business’ prospects over the next 12 months, this is a small increase when compared with last year’s figure of 80%. It is also the case that business expectation on … Read more
Securing funding can be a game-changer for small businesses. A recent report shed light on the landscape of business grants managed by local authorities in the South West of England, offering valuable insights for those seeking financial support. Here’s what you need to know: Winning Isn’t as Tough as You Think The average success rate … Read more