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A pandemic forced businesses online at a rapid rate, and new data shows just how at risk they are: 9 out of 10 businesses have issues with their IT systems, be it cybersecurity or data management.
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For the first time in a long time, the Bank of England has increased interest rates. Increased interest rates mean small businesses with loans and overdrafts will see their repayments increase, and cash flow will drop. However, it isn't all bad news.
Research into small business owners' expenses has revealed some of the most unusual but legitimate expense claims made, despite an overall hesitancy to claim expenses each year.
