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New research from Capital Economics, commissioned by SME lender iwoca, finds that SMEs receiving a loan can increase their monthly revenues by an average of 19%.
New analysis reveals over 300,000 SME owners may cut jobs in response to the Government’s planned rise in employer National Insurance contributions (NICs), due to come into effect in April.
More than a third (38%) of finance brokers say lower taxes are needed to boost SME growth this year, according to iwoca’s latest SME Expert Index. This is double the next choice of reforming business rates (19%).
A new analysis by iwoca, one of Europe’s largest SME lenders, reveals that among major economies, SMEs believe that the UK offers the least support for businesses and performs the worst at creating wealth.
The UK’s small and medium-sized businesses are bracing for cost increases this year, according to new research from iwoca – one of Europe’s largest SME lenders.