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UK

Barclays to increase lending commitment to small businesses

Barclays has announced a two-pronged plan to enhance its practical support to SMEs (more…)

#bank#business finance#financial services

Credit insurance shortage pushing SMEs to the brink

Tighter restrictions on credit insurance and insurers refusal to provide non-payment cover means SMEs 'will fall like dominoes', financial experts…

#insolvency#insurance#smes


Government unveil code of conduct to tackle late payments

A code of conduct has been agreed between Government, businesses and the Institute of Credit Management (more…)

#cash-flow#invoice#late payment


Government weighs pros/cons of intervention

Business minister Shrtiti Vadera has revealed that a state guarantee to underpin vital insurance that supports the supply chain is…


Conservatives encourage cash lifeline for SMEs

European funds should be used to support a loan guarantee scheme for banks to keep lending to SMEs in Wales,…

#bank#business finance#guarantee


Government payment code to benefit SMEs

Lord Mandelson, the Business Secretary, will apply pressure to the heads of some of Britain's biggest companies tomorrow to get…


New head of risk appointed at Bibby Financial Services

Bibby Financial Services continues its growth plans with the appointment of Stephen Harpur as Head of Risk at its specialist…


Additional financial support for business in the Northwest

Regional Minister Beverley Hughes and the NWDA have announced the launch of a Transition Loan Fund for businesses in the region (more…)

#banks#funding#risk


Service sector downturn deepening

Firms have reported steep falls in business volumes and profitability, as well as plans to scale back employment and investment.…

#economy#investment#recession


Economic uncertainty hits businesses hard

Leading business information provider, Equifax, has released an interim report on business failures which shows there have been year on…

#bank#Equifax#management


Banks accused of being Scrooge-like as SMEs struggle to...

The Federation of Small Businesses accused banks of being 'Scrooge-like' as its poll of 5,000 members showed that 30 per cent had…


Asset based lending grows during credit crunch

Venture Finance recently conducted a study in which they asked accountants to rate the attractiveness of various business finance options…

#bank#business finance#invoice

BoS to offer small business support package

Bank of Scotland is finalising negotiations with the European Investment Bank to secure funding to support its SME customers (more…)

#bank#funding#investment

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