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The UK’s medium-sized businesses drove job growth in the last ten years compared to their small and large counterparts, according to new analysis. The research from iwoca - one of Europe’s largest SME lenders - finds that businesses of 50 to 249 people expanded their headcount at double the rate of their small and large counterparts between 2014 and 2024. As of last year, medium-sized businesses employ 3.7 million UK workers, a 20% increase on 2014.
A new analysis by iwoca, one of Europe’s largest SME lenders, reveals that among major economies, SMEs believe that the UK offers the least support for businesses and performs the worst at creating wealth.
The UK’s small and medium-sized businesses are bracing for cost increases this year, according to new research from iwoca – one of Europe’s largest SME lenders.
Economic uncertainty is on the rise for the UK’s 5.6 million small and medium-sized enterprises (SMEs) following the Autumn Budget, according to iwoca’s Q3 2024 SME Expert Index.
The LSB has announced iwoca, one of Europe’s largest SME lenders, as its latest firm to achieve full registration to the Standards of Lending Practice for business customers (‘the business Standards’).
