SME News
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2022-10-10
Almost 25% of SMEs have considered closing following mini budget
It has been just a few weeks since Kwasi Kwarteng’s emergency “mini budget” full of promises, and there have already been u-turns, cancelled u-turns and a now infamous “anti growth coalition”. Now, perhaps unsurprisin...
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2022-10-10
Urgent action needed to help UK SME exporters after falling sales take hold
The British Chamber of Commerce quarterly Trade Confidence Outlook for Q3 2022 also showed a sizeable proportion of SMEs exporters are facing an increasing squeeze on their operating margins as 65% expect their prices to go up, but 39% expect their p...
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2022-10-10
Over 66% of European SMEs Plan to Implement Real-Time Payments in 2023: Report
A new independent survey of more than 2,000 European SMEs has found: 68% plan to adopt real-time payment processing in the next 12 months At present, just 10% of SMEs can receive payments instantly 23% say their international grow...
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2022-10-06
SMEs in Europe ready to invest in real-time payment capabilities
Over two-thirds (68%) of European small and medium-sized enterprises (SMEs) are planning to invest in real-time payment capabilities over the next year, according to research. Some 60% of the 2,000 SMEs surveyed said it takes a day or more for the...
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2022-10-06
Banks risk losing 89% of SME business to fintech challengers
New payment methods (instant payments, e-money, mobile and digital wallets, account-to-account, QR codes) are leading the charge with consumers, but the looming threat of recession and growing inflation rates coupled with continuing geopolitical issu...