Home businesses number 2.5 million

Small business owners operating from home now number 2.5 million in the UK, accounting for 52 per cent of all small businesses, according to Direct Line for Business.

Funding for Lending Scheme extended for SMEs

The Funding for Lending Scheme (FLS), designed to boost lending to businesses and households, is to be extended until January 2015, the Bank of England has announced.

£1.1 million boost for open-data business innovation

Businesses making use of public open data may be able to apply for £1.1 million worth of new 'innovation vouchers' to improve their processes and target new markets, the Government has announced.

Entrepreneur an outdated term?

Only four per cent of business owners consider themselves to be entrepreneurs, research from business software provider Sage has found.

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