SMEs Borrowing Money to Pay for Insurance, Research Reveals

SMEs borrowing money to pay for insurance, research reveals

Due to this, SMEs have been reducing their levels of cover, with 26 per cent saying they have reduced at least one business insurance policy.

Majority of UK SMBs expect costs to rise and pressures to increase

Intuit QuickBooks’ latest quarterly Small Business Insights Survey reveals that small and medium businesses across the UK are facing mounting financial pressure, with 57% predicting costs will rise over the next three months and that, of these, 64% are worried about the negative impact on their business.

Employer News:SMEs show resilience by backing staff and sustainability amid cost of living pressures, says Purbeck

51% of SMEs have supported employees financially during the cost of living crisis 64% are actively working to reduce their carbon footprint SMEs in West Midlands are most likely to act on decarbonisation Micro businesses report the strongest employee retention rates UK small and medium-sized enterprises (SMEs) are prioritising their people and the planet, despite […] The post SMEs show resilience by backing staff and sustainability amid cost of …

SMEs show resilience by backing staff and sustainability amid cost of living pressures, says Purbeck

51% of SMEs have supported employees financially during the cost of living crisis 64% are actively working to reduce their carbon footprint SMEs in West Midlands are most likely to act on decarbonisation Micro businesses report the strongest employee retention rates UK small and medium-sized enterprises (SMEs) are prioritising their people and the planet, despite their own economic pressures. 51% of SMEs have assisted staff during the on-going c…