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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 SME Expert Index will provide regular snapshots of the lending market from the perspective of industry experts.
Our new research suggests that although the initial easing of restrictions has helped recovery for some SMEs, around a third are still sacrificing customer numbers with existing COVID restrictions in place.
Today we're announcing a UK-first integration with leading small business accounting platform Xero.
Our research reveals the local authorities in Yorkshire and the Humber where workers have faced the biggest impact from the pandemic.
We surveyed over 600 small business owners in December last year to understand how they'd been impacted by the pandemic and their thoughts on the year ahead.
