Half of small businesses will never repay Bounce Back Loans, warn banks
Bankers warn the Treasury to expect 40-50% of Bounce Back Loans to be written off, while RBS boss Howard Davies calls for bad debt sinkhole for loan defaults
News
The news section on Small Business UK allows you to keep up to date with the latest news, economic trends and regulatory developments affecting new and established UK small businesses.
Bankers warn the Treasury to expect 40-50% of Bounce Back Loans to be written off, while RBS boss Howard Davies calls for bad debt sinkhole for loan defaults
News
Government Grants
Chancellor Rishi Sunak has announced the Self-Employed Income Support Scheme to help Britain's 6m self-employed get through the coronavirus pandemic.
News
Small business owners cite cashflow problems, trying to meet COVID-19 workplace guidelines and late payments as biggest factors affecting mental health
News
Find out how you can apply for the Statutory Sick Pay Rebate Scheme to recover the costs of employees shielding, sick or self-isolating.
News
In his latest announcement, Boris Johnson pushed back the opening of shops to 15 June from the beginning of June, as previously stated
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With salons expected to remain closed until July, SheaMoisture UK has stepped up to help minority-owned salons survive the crisis.
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Officials say that the government's coronavirus funding won't stretch far enough to cover all the needs of eligible businesses
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MPs and retailers pushing government to allow furloughed shop staff back to work part-time, as they start reopening from June
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Officials say that the government's coronavirus funding won't stretch far enough to cover all the needs of eligible businesses
News
MPs and retailers pushing government to allow furloughed shop staff back to work part-time, as they start reopening from June
News
A new £5,000 grant launches today to help small businesses that are struggling because of the coronavirus pandemic. Find out how to apply
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Shops are being told to reopen from June but furloughed staff can only work part time from August. Indie retailers face a dire couple of months
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Sobering new figures show that business debt could be growing to an unsustainable level over the course of coronavirus lockdown
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Government eyes lowering ceiling for those who qualify for coronavirus self-employed support even before the scheme has launched
Business Loans
Everything you need to know on what small business loans are and what types of loan are available for your business.
Partner content
Hospitality businesses have faced a number of challenges in the last couple of years. Find out what funding and support is available.
Employing & managing staff
In Aviva’s latest SME research*, 57 per cent of employers surveyed agreed that nowadays employees expect benefits to protect against loss of income or earnings. What do you offer your people?
Partner content
Business broadband offers a host of advantages over standard domestic connections, here’s why you should be considering an upgrade