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84 new businesses were created every hour across Britain in H1 2025

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.

iwoca and Teya partner as SME demand for finance expected to rise significantly

iwoca SME Expert Index: Three in five brokers submit most SME finance applications to alternative lenders

We’re making a pledge to small businesses in the North worst affected by the pandemic

We're pledging to lend £220 million to small businesses in the North of England by the end of 2023 to help them recover from the pandemic.

We’ve made iwocaPay free for small businesses during lockdown

We decided to make our “buy now, pay later” invoicing product – iwocaPay – free till 2021 to support small businesses impacted by coronavirus.

We aim to lend over £200 million to small businesses before CBILS applications close in January

With the Coronavirus Business Interruption Loan Scheme (CBILS) extended until the 31st January 2021, we’re aiming to lend over £200 million to small businesses in need.

We’re partnering with Mental Health UK to support small businesses

We're partnering with Mental Health UK to develop the UK’s first ever mental health support programme designed specifically for small business owners.

‘What we do transforms the world’ – the refugee recruitment agency

Recognising that refugees coming into the UK were often highly skilled, young entrepreneur Mursal Hedayat created a business named Chatterbox that helped them to find work in their new home country.