Business leaders across the UK continue to face the threat of inflation. Recent studies show that 97% of small business owners are worried about inflation and say rising costs are the most significant threat their business faces.

The desire which Rishi Sunak highlighted in the Spring Statement to provide greater incentives for small businesses to invest and grow is encouraging; more government help is needed to aid the UK’s impressive private sector to grow and progress and this is a step in the right direction.

Recent news of petrol prices rising to a record high of £1.65 per litre due to the global energy crisis has piled further pressure on UK residents and small businesses alike.

After a fantastic International Women’s Day on 8th March, IW Capital have reflected on the success of female entrepreneurs in the UK. The theme for International Women’s Day this year was ‘Break the Bias’, which prompted business leaders to foster a workplace that is free from bias and stereotypes.

SMEs throughout the UK experienced impressive growth throughout 2021 and have continued this momentum into 2022, with 56.2% of SMEs reporting a rise in earnings in the last quarter of 2021 compared to the same period of 2020.