UK service sector SMEs are wasting over £414 million per annum on unnecessary energy expenditure according to a new report.

The UK economy could get a £92 billion boost if businesses fully develop their digital potential, equivalent to 2.5% of GDP. And SMEs could grow at three times the rate of larger firms as a result.

A tiny group of UK small firms are making a significant contribution to UK economic growth and even reviving regions, according to a new report.

Our round-up of other small business stories making the headlines this week...

The number of firms reporting that sick staff are coming into work has increased for the fifth year in a row.

The number of private sector businesses in the UK has hit 5.4 million, a new record.

Small and medium-sized businesses grow progressively faster as their ability to borrow increases, according to new research.

More and more consumers no longer trust that social media platforms, government and businesses will keep their data safe online according to new research.

Our round-up of other small business stories making the headlines this week...

George Osborne's proposal to allow local authorities to set, collect and spend revenue from business rates has been welcomed by the Institute of Directors.