The UK Government has announced new plans to support small businesses and sole traders through a £4 million funding boost aimed at improving access to business debt advice.
Delivered through the Money and Pensions Service, the investment is expected to help thousands of businesses over the next three years by expanding access to specialist support for those facing financial difficulties.
This comes as many SMEs continue to grapple with rising costs, cash flow pressures and limited access to finance, thus increasing demand for professional debt advice and financial guidance.
£4 million funding boost to support struggling SMEs
Small businesses and sole traders struggling with finances are set to receive enhanced support under a £4m…