#smes

#smes

When asked about their plans for the rest of 2025, just under half (48%) of SMEs leaders revealed they are looking to upskill their current team, by far the most popular answer. This compares to 29% who plan on expanding their leadership team and a quarter (25%) who plan to hire new staff. This strategic focus on developing internal talent reflects wider concerns about recruitment challenges.

Reeves is thought to be focusing on fiscal responsibility while aiming to stimulate economic growth. Her initial statements suggest an inclination towards maintaining existing tax policies without introducing major increases: this approach aligns with the desires of many SMEs, who are seeking stability in a tumultuous economic landscape. However, there are concerns that this might not go far enough in addressing the immediate needs of small businesses, especially in terms of financial relief and support.

Government called on to take urgent action and support 'the backbone of the Irish economy'

As of 2025, SMEs have revolutionized their approach to document translation. AI-powered tools enable fast, accurate translations of various documents, enhancing efficiency in business operations.

The British Business Bank has reported a pre-tax gain of £144 million, returning to profitability after two years of losses, amidst an increased investment portfolio.

Trade finance rarely makes headlines, yet it supports over $30 trillion in annual global commerce. The systems powering it are still slow and exclusionary.

Three in 10 UK SMEs fear losing up to £20,000 due to Trump's new trade tariffs, making energy savings essential. Business energy experts recommend conducting energy audits to find savings.

The biggest mistake we see is overthinking," explains Sarah Mitchell, CEO of EcoWrap, whose biodegradable packaging solutions now serve clients in 12 European countries. "We spent six months researching every possible regulation and requirement, when we could have started with one country and learned as we went.

Developed through analyzing thousands of SME lead conversion patterns, this framework helps businesses focus their limited resources on the prospects most likely to drive meaningful revenue growth.

The average late payment to Small Businesses is £6,142, costing London's economy £2.5 billion annually, highlighting a pressing financial issue for SMEs.

61% of SMEs believe that focusing on employee welfare and sustainability is critical to long-term success, despite experiencing economic challenges.

Entel's partnership with Starlink Direct to Cell aims to improve connectivity for SMEs and large industries in remote areas of Chile and Peru.

SMEs are planning pay and recruitment freezes in response to government tax rises, with a distinct focus on limiting expenditures and innovation.

This is undoubtedly a challenging time for businesses, but our research shows some glimmers of hope. Strong domestic demand, powered by online sales, can help UK firms grow over the coming months.