British Business Bank’s SME General Analysis On 20th February, the British Business Bank (BBB) published its fourth report on the Small Business Finance Markets. The report is an SME general analysis and looks at their growth, productivity, and how they access finance. This year’s report also looks...
Declining Business Confidence for SMEs
Declining Business Confidence for SMEs The British Business Bank’s (BBB) Small Business Finance report gave mixed views for the future of SMEs. However, one thing that is clear is that SME’s are going through a period of declining business confidence. We can attribute this to various macroeconomic...
SMEs Struggling to Finance Future Growth
SMEs Struggling to Finance Future Growth Acknowledged by Prime Minister Theresa May to be the backbone of UK business, SMEs input a massive £200+ billion per year into the country’s economy. This figure is predicted to increase by nearly 20% by 2025. In January 2017, 99.3% of all...