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UK

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 invoice discounting company (more…)

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


UK banks failing to support SMEs

According to official figures lending by major banks rose by almost £1bn in the third quarter, yet small firms are still…


Bank of England cuts rates to historic low

The Bank of England has announced a cut in interest rates in an effort to stave off the threat of…

#bank#Bank of England#interest rates


Banks’ lending risk to small business overstated

The Forum of Private Business believes that the banking sector should be put under more pressure based upon what its…

#forum#liquidity#NatWest


Lloyds TSB, HBOS announce small business support packages

Lloyds TSB and Halifax Bank of Scotland (HBOS) have announced packages to help small businesses weather the financial storm (more…)


Government announce Ј30m SME fund

Business secretary Peter Mandelson has announced a new 30m fund to invest in SMEs (more…)

#investment#smes

Davenham pull back from property lending

Davenham Group plc have announced that due to market uncertainty they will be pulling back from property lending (more…)

#funding#invoice#leasing

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