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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.
As the Chancellor prepares to deliver a package of economic measures in the upcoming Autumn Statement, new data from small business lender iwoca reveals that tax cuts are the top priority for SMEs.
Our latest SME Expert Index results show that 83% of brokers believe high street banks are reducing their appetite to fund SMEs. Read our press release to find out more.
iwoca secures £200M funding from Barclays & Värde, bridging the SME finance gap with flexible solutions for diverse sectors.
The UK's Entrepreneurial Renaissance: Record-Breaking Business Creation in 2023