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SMEs not returned to pre-Covid turnovers

Accountants believe that more than one in four UK SMEs have still not returned to pre-Covid-19 levels of productivity or turnover. The latest Association of Chartered Certified Accountant’s (ACCA) SME…
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SMEs rate accountants as critical to their business

The overwhelming majority of SMEs say that their accountant plays a critical role in their business operation and is their first point of contact. The Count on Accountants research, conducted…
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Pandemic aftershock preventing SMEs going green

Half of SMEs state that taking steps towards sustainability is not a main priority for business leaders as they continue to deal with the fallout from the Covid-19 pandemic The…
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A third of UK small businesses highly indebted

According to the Bank of England, a third of UK SMEs are in more than twice as much debt as before the Covid-19 pandemic. A report issued by the Bank…
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91% of SMEs support change to tax year

 A survey by accountancy firm BDO found that 91% of mid-sized businesses overwhelmingly support a change to the tax year from 4 April to 31 December. Nine out of 10…
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Combatting late payment

Late payment continues to be a chronic problem small enterprises face. As the business community looks forward to a post-pandemic trading landscape, we look at what practical steps can be…
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SMEs plan to hire more staff as confidence returns

Half of UK SMEs, 56%, expect to recruit more staff over the next year with 60% of SMEs intending to invest in their businesses, with only 20% intending to borrow,…
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Staff shortages threaten future SME growth

SME businesses remain optimistic about their post-pandemic recovery but staff shortages and concerns around rising inflation threaten future growth. The findings from accountancy and advisory firm BDO reveals that business…
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Why is SME funding accessibility determined by UK location?

The main reason for the geographical disparity is the fact that most businesses’ fundraising is asset-backed. In other words, the scale of the assets a business has available is dependent…
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SMEs feel confident but frustrated by lack of financial backing

SME owners are feeling more optimistic and are keen to invest in growth but are frustrated by the mix of financial options open to them, according to a survey from…
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