British tech start-ups had a record year for investment

The British technology industry had a solid 2020, despite the pandemic and fears over Brexit, an annual study shows.  Tech start-ups and scale-ups in the UK have more than doubled their collective value since 2017, according to Tech Nation.  Collectively, they are valued at $585billion (£422.55billion) which is more than double the next most valuable … Read more

The small businesses breaking sales records thanks to ‘WFH renovating’ and the stamp duty cut

Along with Zoom quizzes, baking banana bread and a constant loop of TikTok videos, home improvements have been on the rise during the course of the pandemic. This is largely a result of more people working from home and having more time to redecorate while being keen to improve their new work spaces. Meanwhile, some … Read more

Plum Play: The family-run business which has seen sales rocket

Active garden sets such as climbing frames and trampolines have surged in popularity as parents have been forced to find ways to keep children active at home thanks to lockdown restrictions and limited access to outdoor and indoor play areas. One Lincolnshire-based family company says that the new-found popularity garden play sets has seen sales … Read more

The ins and outs of intellectual property and how small business owners can protect theirs

There are more than six million privately owned businesses in Britain, ranging from restaurants to independent financial advisers and from fashion brands to pet groomers. While many will sell similar products or services, others may have a more unique offering and these types of businesses have been launching aplenty over the past 12 months to … Read more

Community Ownership Fund: Could it help save your local pub?

Chancellor Rishi Sunak’s announcement of a £150million Community Ownership Fund was a largely unexpected one.  It means communities have been given a financial lifeline to protect their favourite local pub or sports ground from being sold for housing or going bust.  He said: ‘Whilst local assets around the UK have been at risk of vanishing … Read more

Female founders share business inspiration on International Women’s Day

One in five women are considering starting their own business this year, according to new research from support network Small Business Britain. Despite the coronavirus pandemic having severely damaged some long-standing businesses, and led many to lose their jobs or a large part of their income, budding entrepreneurs are looking to make the most of … Read more

New cohort of self-employed are now eligible for SEISS but millions still remain excluded 

Newly self-employed people will be breathing a sigh of relief today as the Chancellor confirmed that those who traded between and have completed a tax return for 2020 to 2021 are eligible for Covid subsidies.  The group, which includes more than 600,000 people who went self-employed last year, was unable to access the first three … Read more

What’s on the small business Budget wish list and what’s likely to happen?

Millions of Britain’s small and medium-sized businesses are awaiting the Budget with anticipation as any announcement could mean help or a serious struggle for survival. Prime Minister Boris Johnson’s ‘Roadmap to Recovery’ revealed last week will have raised hopes as tentative dates for slowly reopening the economy were given. However, it is Chancellor Rishi Sunak’s … Read more