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Category: Finance

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‘Desperate’ Small Businesses Withdraw Estimated £22.4bn Savings to Stay AfloatFinance15th July 2020‘Desperate’ Small Businesses Withdraw Estimated £22.4bn Savings to Stay Afloat

If the country remains in partial lockdown, 23 per cent of businesses expect to withdraw more than £10,000 from their business savings, with nine per cent saying their withdrawal amount may tip over £50,000.

COVID-19 Cash Confusion Among Business SaversBusiness Advice9th July 2020COVID-19 Cash Confusion Among Business Savers

Business owners are being urged to be “proactive and do research” when it comes to looking for best rates on savings accounts amid the pandemic. In the last few weeks, eight per cent of business owners surveyed have moved their cash savings to try to secur

Is it Better to Buy or Lease a Car for Your Small Business?Business Advice7th July 2020Is it Better to Buy or Lease a Car for Your Small Business?

Small business owners will at some point likely be faced with a decision regarding a company car; should you lease or should you buy? Both have their benefits, but there are many things to take into consideration before making a choice. These include tax impli

How Can You Make Smarter Lending Choices?Finance20th May 2020How Can You Make Smarter Lending Choices?

When looking to choose a new loan, it can be easy to go for the first deal you find or to just choose the last lender you went with. Although there is nothing wrong with doing either, you may be missing out on other smarter lending choices.

5 Steps To Take If Your Business Is Under-PerformingBusiness Advice3rd April 20205 Steps To Take If Your Business Is Under-Performing

According to Investopedia, 20% of new businesses fail within the first 2 years of operation, while 45% fail within the first 5 years. Those statistics are undeniably scary, but what if your business isn’t failing, but simply under-performing? What can you do

Unsecured Lending Could Help Tackle The UK’s Productivity PuzzleFinance11th March 2020Unsecured Lending Could Help Tackle The UK’s Productivity Puzzle

UK productivity has been stagnant since the financial crash, leading to concerns of a ‘lost decade’ for both businesses and workers. Helping small firms grow into mid-sized firms would boost productivity across the economy. But for many of these firms to g

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