"Small businesses are remarkably resilient, but they're facing a perfect storm-rising costs, political uncertainty, and increasing pressure to take on more personal risk to secure finance. The Budget must give them breathing space. SMEs need stability and clarity from Government to invest confidently rather than operate in survival mode. Our data shows loan values at record highs and 38% of personal guarantee-backed loans now used just to maintain cashflow. At the same time, insolvencies are climbing. This is not a market that can absorb further shocks. The Government has an opportunity on 26 November to restore confidence and unlock bil"
"According to the latest Barclays Business Prosperity Index, 55% of SMEs have paused investment plans amid heightened economic uncertainty-7% more than last year. At the same time, insolvencies are rising sharply. The Insolvency Service has reported a 16.7% year-on-year increase in business failures, with more than 2,000 companies entering liquidation in October alone."
Purbeck Insurance Services, the UK’s sole provider of personal guarantee insurance for small business owners, calls for Government action at the 26 November Budget to provide certainty and stability. New data shows firms are pulling back on investment, borrowing more to sustain cashflow, and taking on greater personal financial risk, with October 2025 a record month for PGI applications. Purbeck analysis finds 38% of SME loans in October were used solely for working capital. The Barclays index reports 55% of SMEs have paused investment, and insolvencies rose 16.7% year-on-year, with over 2,000 liquidations in October.
Read at London Business News | Londonlovesbusiness.com
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