UK SME Growth Predictions Plummets Since 2021, Reports

UK Small and medium-sized enterprise (SME) growth predictions have hit their lowest point since January 2021, according to the latest Business Barometer study by Novuna Business Finance. The study, which tracks small business growth forecasts every quarter, indicates a concerning

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Binance to Resume Operations in India After Paying Fine

Binance, the world’s largest cryptocurrency exchange, is set to re-enter the Indian market after agreeing to pay a $2 million fine and registering as a Financial Intelligence Unit (FIU) firm, according to recent reports. The move comes after Binance, along with nine other crypto exchanges, was removed from the Apple App Store in India and effectively banned following compliance show cause notices from India’s Financial Intelligence Unit. Other exchanges that

Spain to Guarantee Up to 80% of SME Bank Lending

In Spain, the government has unveiled its burden-sharing scheme for banks to provide state-backed credit lines, aiming to assist companies in mitigating the impact of the coronavirus crisis. The initial tranche of 20 billion euros (18.4 billion pounds) is part of a broader 100-billion-euro package approved last week, forming part of an unprecedented 200-billion-euro relief effort. Government spokeswoman Maria Jesus

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