News

One in five small businesses fell into their overdrafts last year

A worrying number of small businesses rely on their overdraft to manage their cash flow as late payments and uncertainty bite

Small Business Banking

Co-operative Bank to revolutionise small business banking offer

Co-operative Bank plans to bolster its small business banking offer through re-introducing relationship managers, revamping its technology and easing up cash flow facilities

News

Small business owners hoard cash in current accounts ahead of Brexit

Upcoming research reveals that small business owners are increasing the amount of cash they're setting aside in preparation for October 31st.

Small Business Banking

Government mulls small business funds to limit impact of no-deal Brexit

Andrea Leadsom and Michael Gove expected to meet bankers on Thursday to urge them to keep small business loans flowing in event of hard Brexit

Alternative finance

Four fintechs share £40m funding pot to boost small business finance

Iwoca, Atom Bank, Currencycloud and Modulr all pledge to address £10bn funding gap for small business trying to raise finance

Small Business Banking

Revolut launches free accounts for freelancers and small business

Digital challenger bank is mainly used by tech start-ups with staff who either travel abroad a lot or are paid regularly in international currencies and want to avoid punishing foreign exchange fees