Purpose The purpose of this paper is to examine the relationship between financial literacy,
access to finance and growth among small-and medium-sized enterprises (SMEs) within the …

In the wake of the 2008 financial crisis, there has been increased focus on access to finance
for small firms. Research from before the crisis suggested that it was harder for innovative …

The scale of the UK government's response to the Covid‐19 crisis after the first lockdown in
March 2020 was unprecedented. For the business sector, two financing schemes were …

We analyse binding constraints to productivity growth in the UK's regions outside London
and the greater South East. These analyses challenge a number of common arguments …

This article considers geographical variations in the demand and supply of bank finance for
innovative firms in the UK. It uses a detailed survey on the finances of almost 40,000 UK …

Purpose The purpose of this paper is to investigate how entrepreneurs demand for external
finance changed as the economy continued to be mired in its third and fourth years of the …

This report reviews the market failure and systems failure rationales for industrial policy and
assesses the evidence on part experience of industrial policy in the UK. In the light of this, it …

We estimate the effect of external financial constraints on fixed investment intentions for UK
manufacturing by size of firm distinguishing between normal effects and those since the …

Encouraging enterprise in deprived places is an important objective of the UK government
policy. Evidence on the perceptions of entrepreneurs suggests that access to finance may …

The belief that more general capital constraints are exacerbated and magnified in innovative
and technology-based firms has provided justification for policy intervention, across the …