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Small businesses are struggling to access essential funding through a Government-backed loan scheme because lenders are blocking their applications. The Government-sponsored bounce back loans scheme was supposed to be a lifeline for businesses struggling to make it through the coronavirus pandemic, but reports suggest that many are struggling to get their hands on essential cash.
Editor | 13 February 2019
/ / / / / / /KPMG has confirmed plans to close its small business accounting division, leaving customers to find a new Xero-ready accountancy practice.
KPMG's Small Business Accounting (SBA) division was an exciting new offering when it launched in 2014, but heavy subscription fees made it difficult for the big four accountancy firm to gain traction in the market.