New measures to support Britain’s Artificial Intelligence (AI) sector are set to be announced by the Government, with proposals expected to include: • A major AI review to identify the critical elements for the technology to thrive and grow in the UK. It will consider how Government and industry could work together to back this…

The amount of finance advanced to the UK’s smallest businesses through invoice finance jumped by over 60% in the last year to £711 million, according to the Asset Based Finance Association (ABFA), the body representing the invoice finance and asset based lending industry in the UK and the Republic of Ireland. The amount of finance…

The European Investment Bank (EIB) has agreed a £100 million investment in loans to UK small businesses originated through Funding Circle. The investment, alongside £25 million from the Funding Circle SME Income Fund, will enable over £200 million of new loans over seven years, and provides a further injection of funding into the UK’s small…

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