Data from UK lenders showed that SME lending as a share of GDP fell from 12% in 2011 to 6.5% in 2026 constraining small business investment and growth capacity.
Month: May 2026
Europe Strengthening Defence and Trade Ties with Japan and South Korea Ahead of G7
European nations are actively deepening security and trade relationships with Japan and South Korea as part of preparatory diplomacy ahead of the upcoming G7 summit.
US Maintains Economic Pressure on Cuba as Reforms Under New Leadership Remain Uncertain
US policy towards Cuba has continued to lean on economic pressure despite leadership changes in Havana with reforms showing minimal visible progress.
GenAI Shifting from Assistive to Autonomous Workforce Roles: EY Research
EY research published in May 2026 found that the use of generative AI in enterprises is rapidly shifting from assistive tools to autonomous decision-making systems affecting workforce planning.
SIDBI Digital MSME Platform Aims to Streamline Credit Access for India’s Small Businesses
India’s Small Industries Development Bank launched a new MSME-focused digital platform designed to simplify loan applications and expand access to formal credit for small businesses.
Montana Land Board Changes Procedure for State Land Swaps After Controversy
The Montana Land Board revised its procedural rules for facilitating land swap agreements involving state-owned parcels following public scrutiny of past transactions.
EU-China Tensions Rise as European Manufacturers Face Solar and EV Overcapacity Crisis
Analysts noted mounting EU-China friction as European manufacturers struggle with Chinese industrial overcapacity across solar panels electric vehicles and semiconductors.
RBI Yashwant Co-Op Bank Licence Cancellation Leaves Thousands of Depositors at Risk
The RBI’s decision to cancel Yashwant Co-operative Bank’s licence left thousands of account holders uncertain about access to their deposits.
Energy Price Shock from Middle East War Expected to Constrain Household Consumption
EY analysts projected that the energy price and supply disruption caused by the ongoing Middle East conflict will weigh on household spending particularly for durable goods.
IPO Candidates Navigating Uncertainty as Global Equity Markets Remain Selective
The EY Global IPO Monitor highlighted that companies planning public offerings are navigating a complex environment of geopolitical risk and selective investor appetite globally.