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Small Business News

News and solutions to help small businesses stay nimble, efficient and profitable
By Dan Wilson May 23, 2018 - 11:42 pm

65% of UK SME craft and design retailers saw growth in the past year

It looks like craft and design merchants have had a positive year and are confident about the year ahead because 65% of the UK SME craft and design retailers surveyed say they have seen an increase in their sales over the last twelve months, according

Have you been impacted by the TSB banking outage?

UK bank TSB has been the victim of technical problems this week. Have you been affected and are the problems resolved? We'd love to hear from you because there are lots of mixed messages. TSB says all is well but many customers seem to be

SMEs still feel under-served by UK banks

A report has found that SMEs (small and medium enterprises) still feel underserved by banking services in the UK and bemoan a lack of specific and innovative provision for SME needs and also little choice or incentive to switch banks. 59% noted they experienced limited customization

Single-use plastic tax could increase costs of packaging in the UK

In his Spring Statement, the British Chancellor of the Exchequer Philip Hammond expressed his willingness to find out whether a single-use plastic tax on goods will reduce plastic waste with an eye on environmental concerns. As is well-established, things like straws and coffee cups don't

FSB launches new FinTech funding platform for SMEs

The Federation of Small Businesses (FSB) has launched a new fintech platform to provide small businesses and self-employed people with greater access to funding to help them grow and develop their enterprise.. The FSB Funding Platform is fully regulated by the UK Financial Conduct Authority

How is sterling doing against the dollar and euro? OFX answers.

One aspects of international trading on online marketplaces that requires your attention is how international currencies are performing. The level of level of sterling against major currencies such as the euro and US dollar can have a significant impact on your profits and also influence

European Union offers 21 month transition deal for free trade after Brexit

The European Union has offered the UK an ultimate date of divorce on December 31st 2020. The idea is that it gives extra time to hammer out all the various and complex concerns surrounding Brexit once the two year Article 50 period of two years

German ecommerce grew by 10% in 2017

German ecommerce grew significantly last year. Online retail industry in Germany increased by 10.9% and was valued at 58.46 billion euros at the end of 2017. Notably, now very eighth of a euro spent in the German retail is online. This is according to German

4 simple measures to meet your GDPR obligations

In May, a new regulatory system governing spam and other data abuses will come into force with the General Data Protection Regulation (GDPR) which will, for the first time, seek to harmonise rules across all 28, member states. It means anyone who uses business productivity