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With a 51% rise in the number of firms going bankrupt in the Q4 2008, Bibby Financial Services is urging SMEs to consider all options before they face insolvency. (more…)
#bank#financial services#insolvency
The credit crunch will get worse for British firms without government action to improve access to new finance, business group…
#Clear#funding#Jobs
Britain's three biggest credit insurers are in talks with Baroness Vadera, minister for small business, over plans to overhaul the…
Barclays has announced cuts in its small business interest rates, making repayments more affordable for customers borrowing in the UK…
#bank#Bank of England#interest rates
The number of companies which became insolvent in Q4 2008 jumped by 51 per cent, providing further evidence of the deteriorating UK…
Research into the availability of business credit casts doubt on claims that banks have completely closed their doors on lending…
The Ulster Bank today set up a £250million Regional Fund to support SMEs in Northern Ireland through this year (more…)
NatWest and RBS have announced that they are to make an additional £3 billion funding available to SMEs in 2009…
The Bank of England has reduced interest rates to a record low of 1% from 1.5% in an attempt to…
The Federation of Small Businesses is calling for the Bank of England to hold fire on any further interest rate cuts…
#Access to Finance#bank#Bank of England
Factoring company Platinum Funding UK Limited has announced the completion of a £13.5 million accounts receivable financing facility (more…)
A quarter of SMEs in Northern Ireland expect to expand in 2009 despite the recession, it has been revealed (more…)
Britain's SMEs are showing their resilience through the financial crisis according to latest research from Close Invoice Finance (more…)