Firms to face uncertainty as Brexit talks continue

Firms have said they face ongoing uncertainty in the coming weeks as Brexit negotiations continue “past the 11th hour”.The UK and EU agreed to continue post-Brexit negotiations after Boris Johnson and European Commission President Ursula von der Leyen discussed “major...

Exporting SMEs get funding boost

UK Export Finance (UKEF) has launched a new scheme which aims to free up funds for exporting SMEs to cover the costs of international trade.The scheme allows UKEF, the UK’s export credit agency, to provide a partial guarantee to lenders of up 80% of credit risk on...

UK economic growth stalls again

The UK economy slowed in October as tighter lockdown restrictions took hold, following a resurgence of COVID-19 cases and subsequent restrictions. Figures from the Office for National Statistics (ONS) showed that UK GDP grew by just 0.4% in October, the sixth...

BCC: ‘Firms lack details on Brexit changes’

The British Chambers of Commerce (BCC) says UK firms are being left with unanswered questions less than a month before the Brexit transition period ends.The organisation found that firms still have ‘insufficient’ information about 24 critical areas, not allowing them...

Hundreds of SMEs sign up to kickstart scheme

More than 700 small employers and sole traders have signed up to offer placements to people aged between 16 and 24 through the Government’s kickstart scheme. The Department of Work and Pensions (DWP) has backed the initiative, which offers placements and a raft of...