Smes

Lending to small and medium sized enterprises (SMEs) has almost halved as a proportion of Gross Domestic Product (GDP) since 2011, new research from Allica Bank has revealed. The challenger fintech revealed that the UK's 592,500 established SMEs employ around 10.7m people and generate 37% of private

A Scottish insolvency practitioner is urging business owners to consider an potential under-used lifeline to save their business. Christine Convy, director of Dunedin Advisory, who is a Chartered Accountant and licensed insolvency practitioner with more than 25 years’ experience in restructuri

The ongoing war in Iran is pushing up borrowing costs for small and medium enterprises (SMEs) and could prove the final nail in the coffin for some businesses, a sector specialist has warned. Mark Barrie, Head of debt advisory at accountancy firm Azets, believes the war, which began in February, is