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Meta channels lead the pack as 97% of SMEs now use social media for their business

New research from iwoca reveals the overwhelming majority of UK SMEs are leveraging social media, as 97% say they use platforms to boost their business. The survey of SME owners, conducted by iwoca - one of Europe’s large SME lenders - shows Meta channels dominate the top four. Facebook leads as the top SME platform with 69% of SMEs on the network, while Instagram ranks second with 67%, and WhatsApp ranks fourth with 58% of firms using the channel.

Medium-sized firms grew jobs at twice the rate of large businesses in last decade

Over 300,000 SMEs may cut jobs to cope with hike in employer National Insurance

Top 25 Towns & Cities for SME Jobs 2023

Full data set for the 'Top 25 Towns & Cities for SME Jobs 2023' list.

iwoca research reveals top 5 SME concerns in 2023

Read our press release on the 5 things small businesses were most worried about as they entered 2023, according to finance experts.

Small businesses losing 680,000 days of trading per month as impact of strikes bite

Read our press release to find out how strikes have impacted small businesses across the UK.

High street banks cut lending to SMEs as demand for finance grows - SME Expert Index

Our latest SME Expert Index results show that the SME finance gap is growing. Read our press release to find out more.

Fastest-growing regional sectors 2023

The new 2023 ‘Fastest-growing regional sectors’ list – based on our analysis of ONS data – reveals the top industries ranked by business growth in the Northern Powerhouse regions.