News
UK home to third largest number of billion dollar start-ups in the world
2+ hour, 46+ min ago (437+ words) The UK now has a record 80 "unicorn" businesses, the third highest number globally. The businesses, worth at least $1 billion, are valued at a combined "242. 4 billion. The UK has overtaken India to move into third place for the number of unicorns,…...
How to be cost effective when renting an office today
2+ day, 4+ hour ago (776+ words) The year of 2026 is a new era for office spaces. It is post-covid and in amongst the AI revolution. Today working from home or hybrid working is extremely common " compared to 10 years prior when working from an office was status…...
Andy Burnham promises business rates reform, support for entrepreneurs and a 'No 10 North' as 'the nerve centre of a rewired Britain"
2+ day, 3+ hour ago (1267+ words) Andy Burnham has promised the "biggest rebalancing of power our country has seen" as he set out his plans should be become prime minister. The newly elected MP for Makerfield is currently the only contender to replace Keir Starmer who…...
Scottish government's young entrepreneur scheme with grants of up to "30, 000 opens for applications
1+ week, 5+ day ago (184+ words) An initiative to help young people from disadvantaged and under-represented backgrounds in Scotland to start a business has opened for applications. First announced in January, the First Minister's Start Up Challenge will select 20 participants aged 18-30 for a six-month "accelerated entrepreneurial…...
More than 200, 000 UK firms are multinational and 84% are SMEs
2+ week, 1+ day ago (172+ words) 234, 000 businesses in the UK have multinational operations spanning 128 countries, and 84% are SMEs, new research reveals. This international trade is driven by the UK's youngest technology enterprises, according to the research by Howden Employee Benefits and Beauhurst. There are currently 24, 700 companies…...
Overdue invoices leading to SMEs paying their suppliers late
2+ week, 2+ day ago (377+ words) The time SMEs take to pay their suppliers has increased as delays in invoices being settled create a ripple effect across the economy. SMEs take an average of 37. 1 days to pay supplier invoices, up from 31. 9 days in the first quarter…...
Arise Sir Morph! Aardman co-founders among entrepreneurs recognised in King's birthday honours
2+ week, 2+ day ago (281+ words) Peter Lord and David Sproxton, co-founders of animation company Aardman, which created characters including Morph, have been knighted in the King's 2026 birthday honours. Launched as a kitchen table project in Bristol in 1972, Aardman is now an international success story thanks…...
prince william homewards at london tech week 2
3+ week, 1+ hour ago (92+ words) SME Magazine prince william homewards at london tech week 2 SME Web is the website for SME business coverage produced by Publications UK. We bring you content from around the web which is relevant for you and tell you what it…...
Five sponsor licence mistakes costing SMEs their right to hire overseas talent
2+ week, 6+ day ago (901+ words) Picture this: You've spent months recruiting a brilliant Software Developer from Poland. They've settled in, built relationships with your team, and they're delivering. Then, one Tuesday morning, an email lands from the Home Office. Your sponsor licence has been revoked....
Prince William calls on businesses to help tackle homelessness
3+ week, 1+ hour ago (338+ words) Prince William has called on businesses to support a new initiative which takes advantage of technology and data already used by firms to identify people at risk of homelessness at its earliest stages, when support can have the greatest impact....