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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.
iwoca’s latest SME Expert Index reveals that the Labour Government has had a negative impact on small and medium-sized enterprises (SMEs) during its first year in power, according to SME finance experts.
Newcastle upon Tyne is ranked the best city to work for a small business in Britain, according to new research released today by iwoca, one of Europe’s largest SME lenders.
New research from iwoca reveals big ticket loans are set to see increased interest from small and medium-sized enterprises (SMEs), as growth ambitions resurface.
New research from iwoca reveals the overwhelming majority of UK SMEs are leveraging social media, as 97% say they use platforms to boost their business. The survey of SME owners, conducted by iwoca - one of Europe’s large SME lenders - shows Meta channels dominate the top four. Facebook leads as the top SME platform with 69% of SMEs on the network, while Instagram ranks second with 67%, and WhatsApp ranks fourth with 58% of firms using the channel.
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.