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Businesses encouraged by improving performance 19 Aug 2013 | 03:59 pm
More small businesses are optimistic about their prospects going forward, according to a new index. The Business Factors Index by independent financier Bibby Financial Services shows a considerable i...
Government offering more business to SMEs 12 Aug 2013 | 03:25 pm
A new report released by the Government last week suggests that it is on target to award a quarter of central government business to small British businesses by 2015. The latest ‘Making government bu...
Banks to publish more data as lending to businesses falls 25 Jul 2013 | 04:22 pm
The Treasury wants to see more data published after new figures showed that UK banks have cut back on small business lending in the majority of postcode regions. Only 22 of the 120 regions reported a...
Banks raking in fees from struggling businesses 9 Jul 2013 | 02:37 pm
Banks' restructuring divisions are setting their own agenda at the expense of their business customers, Business Secretary Vince Cable has learned, as a corrupt relationship between lenders and accoun...
BCC chief urges new BoE governor to keep economy moving 1 Jul 2013 | 04:55 pm
Business leaders have urged the new Bank of England governor, Mark Carney, to support the £1 billion investment bank and an expansion to the money supply to keep lifeblood flowing through the economy....
Co-operative Bank to list shares to repair capital shortfall 19 Jun 2013 | 06:10 pm
The Co-operative Bank is to list shares on the stock market as part of a move to plug its £1.5 billion shortfall in capital. The bank announced that it would be offering shares to bondholders after a...
Federation of Small Businesses wants greater competition 12 Jun 2013 | 05:17 pm
The Federation of Small Businesses (FSB) wants to see greater competition in the banking industry to support UK enterprise. The FSB said it was hopeful that the Government’s Business Bank would impro...
No to new ideas: Innovative firms denied credit 7 Jun 2013 | 04:27 pm
Small firms that devised new ideas were less likely to secure finance to support their endeavours over the last few years, a new survey suggests. The survey by the Big Innovation Centre, which polled...
Funding for Lending Scheme continues to disappoint 4 Jun 2013 | 02:45 pm
More concerns are being raised about the effectiveness of the Government Funding for Lending Scheme after the Bank of England reported that net lending to business slumped by £3 billion in April. The...
Co-op halts business lending to address capital shortfall 24 May 2013 | 03:06 pm
The Co-operative Bank is to halt lending to small businesses while it plugs the hole in its capital requirements following the downgrade of its debt to 'junk' status by Credit Ratings Agency Moody’s. ...
