Podcast 26: is an unexamined business worth running?

In their six month milestone episode, Mat and Jamie chat about the bank's reluctancy to lennd to small UK businesses and discuss the fad of multi-use products (including abseiling water-bottles).

24 January 2020

Listen to episode 26

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Show notes

News

The government is increasing the amount you could get for scrapping your van

  • The Ultra low emissions zone in London has reduced pollution by 30% in the city
  • If you have a van that doesn't meet the Ultra Low Emissions Zone standards, the government will reward you for scrapping it with a view to buying a newer one.

Full scheme here

SME lending from the UK's main banks fell by 8% between 2014 and 2018

  • The North-West experienced the biggest reduction in funding at 16%, a total of £1.6 billion
  • Areas with the most deprivation have experienced the biggest reduction in funding
  • The Shetland Isles had the largest rise in SME lending at 75%
  • 56% of business that start up in the Shetland Isles last 5 years

Full story here

Business spotlight – Uplift Desk

  • A company selling desks with motorised legs that mean you can use it as a seated desk or standing desk
  • Their new product is a standing desk with a built in hammock. It fits underneath your desk allowing you to have a powernap if you get tired

Brilliant or bonkers?

"An unexamined life is not worth living."

– Socrates

Music: Death of Loves | John Hall | Opsound

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Jamie Maddison has written for a range of publications including Lonely Planet, Geographical, Diplomat, and Hidden Europe.

Article updated on: 25 March 2020

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