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84 new businesses were created every hour across Britain in the first half of 2025 despite continued economic uncertainty, according to the annual Business Hotspots list from iwoca — one of Europe’s largest SME lenders. iwoca’s research, derived from an analysis of Companies House data, finds that over 363,000 businesses were registered in Britain between January and June 2025.
Our new research reveals that only 30% of SME owners experiencing poor mental health have sought professional help. We're today launching free mental health support – which will be available for all small business owners – in partnership with online therapy platform Spill.
We've been accredited by the British Business Bank as a lender under the Recovery Loan Scheme. This means we can provide even more support to SMEs across the UK with accessing much-needed finance.
Our new data reveals how embedded finance will play a vital role for small businesses as they look to recover from the pandemic.
We've launched a new support initiative for women business owners in Yorkshire as local data suggests female workers in the region have been more affected by the pandemic than many other parts of the UK.
