Only one out of every four small business owners actually claim the expenses that they spend out of their own personal funds in order to support their business, according to new research commissioned by FreeAgent and carried out by YouGov. Out of a poll of about 500 SME owners only about a quarter of respondents […]
Tag: SMEs in the UK
SMEs head the UK’s march back to economic stability
SMEs are leading the UK out of recession as they are one of the main contributors to the country’s economy. Two new reports show how SMEs in the East of England are coming up swinging with one report detailing how medium sized businesses are still able to achieve growth numbers and another report stating that […]
SME output in the UK still unstable
In a recent UK survey by the CBI (Confederation of British Industry) 359 SME (small and medium-sized enterprises) were asked about their output volumes. While 23% said that output volumes had risen, 28% said that they had fallen during the last quarter. This means that the 5% overall fall is the first since October 2009, […]
UK SME debts reach a record high
The latest research from Bacs Payment schemes has shown that the outstanding debts to UK SMEs have reached a record high of £35.3 billion. The research also shows that SMEs are waiting longer for outstanding invoices to be paid although the number actually experiencing late payment has fallen. Ironically it seems to be the big […]