Sources of finance for SMEs

In May 2015 the Conservatives were elected into government with a manifesto that largely focused on improving the economy. The party reiterated its commitments to the range of funding options available to SMEs, including the Enterprise Finance Guarantee, the Business Finance Partnership and the National Loan Guarantee Scheme. In the May 2015 Business Barometer survey …

How concerned are SMEs about the outcome of the 2015 General Election?

With the impending General Election on 7th May, the April 2015 Business Barometer survey asked our panel of UK SMEs and business advisers about the possible impact of the General Election on their business prospects. The UK’s EU membership is one of the hot topics debated by the various parties during their campaigns, and we …

Are interest rates affecting business activity of UK SMEs?

Back in February 2015, the Bank of England governor said low inflation is temporary and will return to its 2% target within two years. Mr Carney stressed that if there was any evidence of a sustained fall in inflation, the Bank could “if necessary” cut interest rates from their current 0.5% low to zero, but …

What do SMEs know about Local Enterprise Partnerships?

In the March 2014 Business Barometer survey, our panel of UK small business owners and business advisers were asked what they know about Local Enterprise Partnerships. The responses from small business owners were as follows: Are you aware of Local Enterprise Partnerships?  Yes 61.3% No 27.5% Not sure 11.3%   Do you know which Local …