It is hard to believe that October is already upon us; however the change in months will not see the UK SMEs spirits dampen as they continue to work hard to drive their businesses forward. Please see below a round-up of this week’s news:
- News this week announced that the European Investment Bank (EIB) is planning to lend UK SMEs £100 million. Operating via the online lender, Funding Circle, this has the potential to be very efficient in supporting the UKs SMEs, investing in projects dealing with infrastructure and development.
- New data from Instant Offices has revealed positive growth figures for the UKs start-up businesses, with an increase of 28% in the past year. The data also revealed that start-ups across the UK have been driven by regional cities, with Nottingham showing the highest levels of new business.
- And finally, this week the Bank of England’s chief economist Andy Haldane has said that the secret to the UK’s productivity puzzle lies in the UKs family businesses. With so many family owned businesses in the UK, there is a call for more to be done in order to help them drive efficiency and productivity and that the key to this is embracing the digital age and drive productivity through innovation.
Let us know your thoughts on this week’s stories. How could the EBI investments affect you? Are you one of this year’s new start-ups? Does your family business need to embrace the digital disruption? Contact us by commenting below or tweeting @Fujitsu_UK or @FujitsuSMELady.