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SMEs
<p>An office tenant working in fashion at Workspace’s Wood Green building</p>
Business

Office landlord Workspace sees SMEs expanding in various London areas

Workspace owns buildings in various parts of London and has seen rental income jump

<p>“Great place for business”: Pimlico Plumbers founder Charlie Mullins, right, and Grind coffee’s David Abrahamovitch were among speakers at the SME XPO event</p>
Business News

Our entrepreneurs all agree: London has got its bounce back

Business community hails a bright future for the capital at Evening Standard’s networking event for start-ups and scale-ups

Business News

Pitchdecks at the ready: welcome to London’s ultimate networking event

Whether you’re starting-up, scaling-up or incubating a brilliant business idea, the Evening Standard’s SME XPO is the place to make it happen. Lucy Tobin previews what’s on offer at next week’s show

Business

Welcome to powerhouse London, the model for inclusive start-ups

Major investor says businesses need to look beyond success and embrace the city’s inequality. Lucy Tobin gets the lowdown

Business News

Government must help SMEs recover amid ‘bleak’ outlook, business group urges

One small services firm in Somerset reported that its electricity costs will skyrocket from £34,000 per year to around £250,000 from March.
Business News

Banks to use AI and other digital tools to boost customer support

Lenders will play a vital role in 2023 as household incomes are further squeezed, mortgage rates rise, and businesses struggle.
Business News

Reaction to different areas of Chancellor Jeremy Hunt’s autumn statement

Here is the reaction to different sections of the autumn statement.
Celebrity News

Government’s autumn statement ‘neglects’ entertainment sector, trade bodies say

Chancellor Jeremy Hunt delivered his autumn statement to MPs in the House of Commons on Thursday.
Business News

Small businesses struggling to get loans needed to grow – survey

Three-fifths of small and medium-sized enterprises said that they currently need funding to ease day-to-day cashflow issues.
Tech

Tanaiste ‘confident’ tech firms will comply with statutory redundancy rules

Leo Varadkar said no big tech company has given any indication they intend to close their offices in Ireland.
UK

Cashback without a purchase service being rolled out by Barclays

Customers of any bank with a Visa or Mastercard debit card will be able to withdraw up to £100 per day, without needing to make a purchase.
UK

Trade body chief urges new Culture Secretary to reconsider Channel 4 plans

The Government announced plans in April to take the broadcaster out of public ownership.
Business News

New PM urged to deliver immediate ‘action plan’ to help businesses

The British Chamber of Commerce believes the UK is already in recession.
UK

Mass redundancies ‘could hit smaller UK businesses’ amid recession

Employment law firm citation has reported a huge rise in enquiries from SMEs about laying off staff

Business

Businesses failing to consider cost of living payments

ONS figures confirm SMEs have harder time freeing up one-off cash to back up employees

Business

Can a business really run on zero employees?

The pool of freelance workers is wider than ever. Employment expert Alice Weightman on the rise of the ‘ultra-skinny business’

UK

Factory worker shortages costing the UK £7bn in lost output, MPs told

Manufacturing organisation Make UK said the sector is battling to fill 95,000 vacancies.
UK

Nearly a third of smaller companies cannot cover a week of turnover, Bank says

The number of firms with enough cash for a week has reduced since the pandemic, back to more normal levels
UK

Savings squeeze as less money is deposited into accounts in May than in April

One expert said the average savings figures ‘hide a split nation’, with some households turning to debt to settle their bills.
Business

Podcast: Meta’s Steve Hatch on Facebook, the Metaverse and SMEs

The opening of the huge new office, and what that means for London

UK

Small businesses complain of ‘cost-of-working crisis’

Research was conducted among 510 SME business owners and decision makers in June.
Tech

Why SMEs should prioritise outsourcing their cyber security

In order to keep digital data safe, now is the time for businesses to move towards a leaner operating model, advises cyber security expert Rahul Tyagi.

UK

Right to Buy extension could erode supply of affordable homes, expert warns

There has been speculation that a range of new announcements could be made to help people on to the property ladder.
UK

The secret to future proofing a business

With a likely recession on the horizon, entrepreneurs are considering their options. John Arlidge reveals why many are optimistic about what’s ahead

UK

Concern in business community at Stormont uncertainty

FSB NI said the need for economic policy interventions could not be greater.
UK

Households ‘borrowing more but unwilling to touch savings’

The annual growth rate for consumer credit borrowing picked up to 5.2% in March, marking the highest annual rate since February 2020.
Small Business

The new rules of building back better

Lockdown has transformed the way all businesses operate, but what’s the best way to navigate the post-pandemic landscape? John Arlidge asks two entrepreneurs

UK

UK-US trade deal not dead, officials say, after further talks held

With progress stalled on an agreement, the Government has switched its focus to making deals with individual US states.
London

The secret to starting up? Be passionate and think big

Even during a pandemic, new businesses can prosper — provided they have a plan. John Arlidge reports

UK

Consumer credit borrowing grows at fastest annual pace in two years

Some experts suggest defaults could rise later this year as people struggle to service personal loans and credit cards.
UK

Glasgow named best city for a small business to be based

Glasgow scored high on a short average commute as well as the growth of small businesses in recent years.
UK

Bank boss warns inflation pressures may stay until the end of 2023

The Bank of England said there are worries that energy prices may stay high for longer, while wage rises in the UK could become broad-based.
UK

Too many people live in expensive, unsuitable, poor quality homes – report

The Lords Built Environment Committee said action is needed to remove the barriers for housebuilders, particularly for SMEs.
Business

How small businesses can attract staff in the war for talent

With over 1 million job vacancies across the UK, small businesses need to be flexible and sell their company vision in order to attract new staff and grow their business

London

Sustainable practices? Now they’re good business sense

The key to impactful environmental change begins with SMEs, finds John Arlidge

UK

Chancellor urged to use Budget to help Scots facing ‘real cost of living crisis’

Scottish Finance Secretary Kate Forbes wrote to Rishi Sunak ahead of Wednesday’s Budget statement.
UK

Three-year green savings bonds launched by NS&I

Savers aged 16 or over can take out the bonds, which pay a fixed annual rate of 0.65% over a three-year term.
Business

Now’s the time for London’s entrepreneurs to level up

From Brexit to going digital and navigating the post-pandemic world — small businesses have never had more to think about. Our SME XPO is here to help, reports John Arlidge

UK

British businesses deserve better than the Conservatives – Starmer

The Labour leader said the Prime Minister is just promising ‘jam tomorrow’.