"The revitalised support from government should encourage businesses to review their current business plans and forecasts over the coming year and we would urge business owners to seek professional financial advice to ensure that they make the most of the new proposals. Our recent research revealed that 39% of small businesses are taking a DIY approach to their business finances and opting to go it alone without consulting or employing a professional for financial advice, yet one in five are not confident that they could effectively manage their business.”

“The package of measures announced today should be a welcome boost to UK businesses in the current environment. Whilst the impact the credit easing may not be immediate, it’s certainly a step in the right direction, and will undoubtedly increase SME confidence. Through channeling money to UK businesses, we are certain to see more thrive as a result, creating stronger, more competitive businesses. 

“To ‘find an accountant’ search on our site – helping businesses and consumers to find the best adviser for their needs. You can search for an accountant by visiting www.unbiased.co.uk.”