Introduction According to recent research from Allica Bank, UK business growth plans are at risk due to a £90bn shortfall in lending by banks to SMEs over the past 25 years. A large proportion of this SME credit gap has developed since the 2008 global financial crisis, where in the years since it is estimated … 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 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
Introduction According to recent research from Lloyds Bank, 70% of UK surveyed businesses expect their turnover to increase in 2025, up from 62% when questioned in the same confidence survey 12 months ago. 73% of businesses are also expecting to see increased profitability levels as they feel more optimistic about their growth prospects. Businesses are … Read more
It is an ongoing topic worldwide with many countries struggling to find growth and productivity improvements and the UK is no exception. Poor historic GDP growth and no improvement in sight means that the new Chancellor is under increasing pressure to produce the goods. A May 2024 government report outlining the decline in innovation will … Read more
Introduction According to the Confederation of British Industry’s latest growth indicator, a majority of businesses are expecting a decline in economic activity at the beginning of 2025 for the first quarter. This decrease in business confidence has followed a negative reaction to the Labour Government’s first Budget in power and also due to private sector … Read more
Introduction According to an annual survey from Atom Content Marketing, 66% of small business owners and sole traders believe their business is going to perform better in 2024 than they did in the previous year. 53% of businesses are planning to carry out growth activities by increasing their marketing spend and 29% of businesses consider … Read more
What Is Business Growth Funding? Business growth grants can help businesses who want to carry out activities that help them expand either locally or in the domestic market and meet different expansion goals defined either as long or short term in a business plan. Funding types for growth purposes can include developing new products and … Read more