Publications in: Entrepreneurship & SMEs

Venture Capital Schemes Evaluation – SEIS and EIS

Published: 22 November, 2023

How do HMRC’s Venture Capital Schemes help reduce the challenges early-stage businesses face in struggling to raise finance and how do they impact company performance? London Economics worked with Kantar Public and Ipsos to undertake mixed methods evaluations of HMRC’s Seed Enterprise Investment Scheme and Enterprise Investment Scheme. These schemes aim to incentivise investment in […]

How Can Governments Best Support Businesses During Times of Crisis? An Evaluation of the Covid-19 Loan Guarantee Schemes, Led by London Economics, Addresses This Question

Published: 28 November, 2023

In March 2020, in response to the massive disruption caused to businesses by the Covid-19 pandemic, the government rapidly deployed £78bn of finance to business through the Bounce Back Loan Scheme (BBLS), the Coronavirus Business Interruption Loan Scheme (CBILS) and the Coronavirus Large Business Interruption Loan Scheme (CLBILS). The second of three phases of the […]

Evaluation of the Trade Credit Reinsurance (TCR) Scheme

Published: 12 July, 2023

The uncertainties created by the COVID-19 pandemic posed serious risks to businesses and by extension to the trade credit insurance (TCI) market. To prevent the likely withdrawal of cover from the TCI market by insurers, the government decided to design and operate the Trade Credit Reinsurance (TCR) Scheme. The scheme’s aim was to support UK […]

Share Schemes Evaluation – CSOP, SAYE, SIP

Published: 5 June, 2023

HMRC commissioned London Economics to conduct an evaluation of three tax-advantaged employee share schemes (TASS), which form part of the government’s non-structural tax reliefs. Specifically, HMRC were seeking a quantitative, qualitative and econometric analysis of Company Share Option Plan (CSOP), Save As You Earn (SAYE) and Share Incentive Plan (SIP). CSOP, SAYE and SIP aim […]

Energy Prices and Inflation – Businesses’ Perspective

Published: 14 February, 2023

Jack Booth at London Economics explores businesses’ perspectives on energy prices and inflation in 2022 and early 2023. Key findings for the February 2022-February 2023 period[1] Micro SMEs were least concerned about both energy prices and inflation. Small SMEs were most concerned about energy prices. Medium-sized SMEs and large enterprises were (roughly) equally concerned about […]

Evaluation of the Bounce Back Loan Scheme, Coronavirus Business Interruption Loan Scheme, and Coronavirus Large Business Interruption Loan Scheme – June 2022

Published: 14 June, 2022

In March 2020, in response to the global pandemic and corresponding wide-ranging business impacts and uncertainty, the government rapidly designed and deployed a series of three loan-guarantee schemes – the Coronavirus Business Interruption Loan Scheme (CBILS), the Coronavirus Large Business Interruption Loan Scheme (CLBILS) and Bounce Back Loan Scheme (BBLS). These aimed to support smaller […]

2021/2022 Annual Report on European SMEs – June 2022

Published: June, 2022

Report prepared by LE Europe, London Economics’ subsidiary, was published by the European Commission. This report reviews how EU-27 SMEs fared in 2020 and 2021, and how they are likely to perform in 2022. In addition, after an extensive discussion of the state of digitalisation of SMEs in last year’s SME Annual Report, this year […]

Evaluation of Data Pitch – January 2020

Published: 24 January, 2020

Data is an important driver of innovation and productivity. The key to a productive data ecosystem is to enable reuse of data and integration with other datasets in a data value chain, which can include open, closed, and shared datasets. This means rethinking access to data and creating opportunities for data owners to work with […]