Liquidity Returns to UK SME Finance Markets
New research indicates that investment in the UK’s small businesses may be on the rise for the first time since the financial crisis. What opportunities does this present to SMEs?
What will the move to GAAP reporting mean for SMEs?
The Financial Reporting Council (FRC) withdrew the Financial Reporting Standard for Smaller Entities (FRSSE) at the start of 2016, meaning that SMEs will now be expected to follow generally accepted accounting principles (GAAP) reporting. What does the new accounting regime mean for SMEs?
Government purchasing and SMEs: The end of late payment culture?
Recent figures have revealed that UK Government spending on SMEs topped £12.1 billion in 2015, representing a 27.1% share of all expenditure. Equally good news for small businesses came with the announcement that 17 of the government’s 33 strategic suppliers have agreed to sign up to a Prompt Payment Code. Could an end to late payment culture be just around the corner?
Will SME overdrafts soon be a thing of the past?
A survey by business lender Funding Options has revealed that 30% of small firms have had their overdrafts cut in the last two years. How will this trend impact UK SMEs?
Was the Autumn Statement good news for British SMEs?
From the rolling out of a digital tax platform to the introduction of an apprenticeship levy, Chancellor George Osborne’s Autumn Statement contained plenty of revelations that will impact British SMEs. Is the next fiscal year looking good?