Over recent weeks the UK government has announced several policies and initiatives to enable business to grow and thrive. These have included a new Industrial Strategy, the first for nearly a decade, and an Export Strategy designed to help companies grow in new markets.

The latest is called Backing Your Business. This is the UK government’s plan for SME businesses and sets out a long-term direction for the government’s support for smaller firms. It focuses on growth and productivity potential, aiming to make it easier to start and run a business. You can read the full version here

Backing Your Business is part of the government’s new Small Business Plan. It represents the most comprehensive support package in a generation. It promises major improvements for startups and micro businesses – from faster payments and easier access to finance, to cutting red tape and a range of support tools from the soon to launch Business Growth Service.