
Financing business
Treasury considers recovery loan scheme extension
The renewed scheme could become less generous to firms.
SMEs to get grants for professional advice
New £20m Government grant covers accountancy fees.
Businesses raise £1.7bn net finance in May
SME lending growth increases 0.4% in 12 months.
New laws to boost SME access to invoice finance
Proposed laws to give small firms a ‘level playing field’.
Self-employed workers owed up to £60,000 by clients
Late payments affect 43% of the self-employed.
Lack of funding holds back 1 in 4 SMEs
Missed opportunities cost businesses £78,942 a year.