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New research has revealed that two million UK small and medium-sized businesses have started on the road to making their business fit for net zero.
Despite the ongoing cost-of-living crisis, SMEs plan to spend an average of £321,000 on growth strategies over the next year ...
New research has revealed the investment and growth plans of SMEs in the UK. Despite the ongoing cost-of-living crisis, SMEs plan to spend an average of £321,000 on growth strategies over the next year. One in eight SMEs plan to spend over £1 million investing in growth.
Submitting... Tim Boag, group managing director, business finance at Aldermore, said: “It’s encouraging to see that SMEs are investing in their recovery from the Covid-19 pandemic. Recent data reveals a vastly improved near term outlook for businesses, with the easing of restrictions. Smaller firms plan to spend an average of £97,000 to grow their business in 2021 and help kickstart their recovery from the pandemic. “Confidence from SMEs is growing, and this is reflected in plans to invest in the growth of their businesses in order to recover effectively from the pandemic.” Business ...
Search UK SMEs to Spend Nearly £100K to Expand Operations in 2021, Small Businesses Showing Recovery Signs after COVID: Report Research from Aldermore bank suggests that there are some signs of recovery for SMEs, as they announce plans to make investments in their businesses in the coming year, a move that has come after the easing of nationwide lockdowns in the UK. SMEs intend to spend around £97,000 in order to expand their business operations this year and also to help start their recovery from the Covid-19 crisis. During the next 12 months, one in four or 25% of UK-based SMEs aim to in...