Exclusive: Over 50,000 small businesses in London collapse as SME bloodbath rages uk economy Swelling energy bills and a softening UK economy have sparked a surge in small business closures in London, exclusive figures shared with City A.M. reveal. The number of SMEs that have disappeared in the capital swelled to 53,880 this year, up sharply from 37,350 in 2017, according to analysis of Office for National Statistics figures [...]
Sadiq Khan: London mayor criticised for failing to pay small businesses on time City Hall Sadiq Khan has been criticised for failing to hit a City Hall target to pay 90 per cent of small businesses’ invoices on time.
London’s small businesses want to achieve net zero – but we must help them get there Paul Gordon Small businesses up and down the country want to get to net zero, but need support along the journey. London's SMEs are leading the way, writes Paul Gordon
London small business investment surges past £10bn in 2021 March 1, 2022 Equity investment in to London’s smaller firms surged past £10bn in the first three quarter of 2021 as investors looked to capitalise on the economic recovery of businesses in the capital, fresh data has revealed.
National Insurance rise to hit City of London small businesses the hardest in UK January 30, 2022 Small businesses in the City of London will be the worst hit in the UK by the coming rise in National Insurance, according to new research shared with City A.M. Figures from the House of Commons library, and collated by the Liberal Democrats, show small businesses in the Cities of London and Westminster constituency will [...]
London can bounce back from pandemic in 2022, says small business minister January 4, 2022 This year could be the year London “bounces back” from the pandemic, small business minister Paul Scully has urged. His comments come as the city’s businesses battle reduced levels of footfall and fear sudden restrictions amid the latest wave of Covid-19. “All Londoners can play their part” in the capital’s recovery, he told the Evening [...]
Big London firms lost up to £50k from crime last year as calls mount for Met to step up October 20, 2023 Almost a fifth of larger businesses in London impacted by crime said they have lost up to £50k in the last year as a result, as fresh calls are being made to up skills officers to prevent further offences. According to a new study by the London Chamber of Commerce and Industry (LCCI), a further [...]
Labour to boost female businesses after ‘wasted decade’ of Tory neglect March 25, 2024 Labour MP Anneliese Dodds will today outline British Business Bank reforms to help women.
Positive jobs growth overshadowed by late payments for UK small businesses October 26, 2023 Small businesses experienced slow sales growth and rising late payment times in the three months to September, despite increasing job growth.
Digital training programme for businesses launched in latest push for growth February 22, 2024 The latest UK government-funded programme to boost small business growth will give London entrepreneurs free access to digital training and tools until 2025.