HOW UK SMEs CAN BEAT THE CREDIT CRISIS

Would you like a feature exploring how the UK’s SME sector is being reshaped by a deepening funding crunch? New research from Manx Financial Group reveals that nearly one-third of SMEs have paused key growth activities – such as hiring, R&D, and market expansion – due to limited access to finance. With high borrowing costs, rigid repayment terms, and lenders failing to understand business models, many SMEs are stuck in survival mode. We would examine how accountants can help clients navigate these challenges, from advising on alternative finance options like invoice financing. Besides, how can the government help? How can accountants become strategic partners in growth? And what tools or reforms are needed to bridge the gap between ambition and access to capital? We would talk to accountants, business analysts and try to get a response from the government.