UK small businesses are spending more on software - but also spending more time on admin

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Monzo Business report finds UK SMBs are spending, despite economic headwinds

More than half (56%) of UK SMEs are confident about growth over the next year

Yet businesses are now losing an average 53 minutes every working day on financial admin

Despite the economic headwinds plauging the UK in recent years, new research has claimed the country's small and medium businesses (SMBs) are still willing to splash the cash on new technology.

A report from Monzo…