Banks have vowed to make it easier for small businesses to gain access to credit after pressure from the Government led to talks between the two sides.
The news follows a recent uproar by small business representatives as banks have seen an injection of funding from the European Investment Bank, however none of this funding seems […]
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Barclays to inject £1.5 billion for small businesses in 2009
Barclays has got big plans for your small business in 2009 as they announce that they will be increasing their lending to SMEs by £1.5 billion.
This means that the pool available by Barclays for lending to small businesses will go from £15 billion to £16.5 billion. The news follows weeks of pressure from the Government, […]
Talks lead to banks and small businesses coming to an agreement
HSBC offer SME funding - FSB wants more from banks
HSBC has announced that they will be raising the amount of money they set aside for mortgages in 2009, up by 20 per cent to a generous £15 billion. The news comes after great efforts by the Government to see to it that banks in the Britain continue lending to customers despite the current economic […]
Crime affecting 67 per cent of small businesses says the FSB
Small businesses suffer from crime, as we all know. However, crime rates against these small businesses have seen quite a dramatic rise over the past two years – a substantial 7 per cent. Crime against small businesses now affects a staggering 64 per cent of small businesses, as shown by a report issued by the […]
Family business tax given time, but groups around the country demand more
Family businesses have been given a little room to breathe after the Chancellor Alistair Darling recently stated that they would not be liable for new tax laws until at least 2010.
Darling, who had announced a clamping down on families who split their income from their family run businesses in order to benefit from a lower […]
Small businesses feel PBR is good, but not good enough
Small businesses are clearly feeling a state of relief today after finding out that they will be able to access a fund worth billions of pounds in new finance. They also have the added bonus of paying less tax and even have the opportunity to delay the taxes they owe.
However, it was clear that if […]
The FSB calls for tax cuts and ’survival fund’ for the pre-budget report
Chancellor Alistair Darling will be making his pre-budget speech next Monday, yet the Federation of Small Business are still hoping that tax cuts and new funding will be made available for small businesses around Britain.
The Federation of Small Businesses is attempting to back the move to scrap Small Firms Loan Guarantee plans and instead replace […]
The FSB brings in Professor Alistair Anderson to help small businesses
The FSB (Federation of Small Businesses) has brought in an academic to add its parcel of practical support to small businesses all through the economic slump, as latest findings show that half of small business owners risk losing everything if their venture fails.
A recent FSB survey has uncovered that 49 per cent of people surveyed […]
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