By: Jennifer Sieg

SME Correspondent Jennifer Sieg is an SME correspondent and editor of Ambition A.M., City A.M.'s weekly newsletter for all things entrepreneurship. She is also the host of Founder Favourites podcast, interviewing some of the UK's most interesting and up-and-coming founders. Email: jennifer.sieg@cityam.com

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With failure came great success, says Carmoola founder and CEO

January 30, 2024

Aidan Rushby can still remember the guilt he felt the day he told investors he was no longer in it for the long run. Carefully drafting a letter to shareholders, he recalled telling himself: “You have to be honest.” Now proud co-founder and chief executive of the used car finance mobile app, Carmoola, Rushby believes [...]
Number of SMEs ‘going green’ has doubled – but it hasn’t been easy

January 29, 2024

The number of UK small and medium-sized enterprises (SMEs) that have “gone green” doubled last year, research shared exclusively with City A.M. has found, but it wasn’t an easy feat. Some 489,000 UK businesses have formally committed to reaching “sustainability” by the government’s net zero 2050 deadlines, up from 220,000 at the beginning of 2023, [...]
FSB launches new ‘game changer’ platform to tackle ongoing SME funding concerns

January 26, 2024

A new wave of funding concerns has hit SMEs as the number of successful credit applications in the final quarter of 2023 slumped.
Wickes bosses shrug off falling ‘don’t do it yourself’ sales

January 26, 2024

Bosses at Wickes hailed a “robust” year for home improvement retailer Wickes despite slippage in its ‘do it for me’ offering through the last six months of the year. Total like-for-like core sales for the DIY and garden centre firm were up 0.1 per cent, with an uptick of 1.2 per cent in the fourth [...]
Budget-conscious Brits turn to local businesses for shopping needs

January 25, 2024

As budget-conscious Brits look for ways to cut costs, alternative shopping solutions begin to shine a new light on local high streets.
Embrace it or be left behind, says AI-driven business founder

January 24, 2024

Scaling a start-up with the help of AI could be the newest trend in 2024, as small and medium enterprises (SMEs) across the UK are beginning to consider it their "gateway to growth".
What are B Corp standards and why are they about to get tougher?

January 23, 2024

B Corporation standards could get tougher as B Lab Global launches its second public consultation at a “vital juncture” for purpose-led businesses. The proposed change to standards cracks down on the “flexibility” companies currently have in becoming B Corp certified, emphasising must-have criteria for a range of impact topics. A B Corp is a company [...]
Teens in AI: Delving into dynamic initiatives for the future

January 23, 2024

What’s the next big thing? Entrepreneurs ask themselves that question all the time. For Elena Sinel, it’s merging the world of entrepreneurship, social impact, and the realm of AI into one – with an educational twist, of course. The Uzbekistan-born and award-winning entrepreneur founded Teens in AI in 2018, a hands-on learning experience for young [...]
Small business confidence slumped in the ‘golden quarter’ of 2023

January 22, 2024

Small business confidence in 2023 "lost ground" during what is often considered the "golden quarter" of the year, a leading industry support group has announced.
Is the art of public speaking your ‘golden ticket’ to business success?

January 20, 2024

Starting his first business in 1998 with a £10,000 loan — which he initially planned to use for a car — Harrington has since spent much of his career helping other entrepreneurs grow their business.

K2 PI aims high: Lloyd’s-backed MGA targets larger PI risks

Manchester United debt pile may force owners to fund new stadium

Georgia PM’s Starmer outburst over City AM sanctions scoop

By: Jennifer Sieg

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