The government recently launched the GrowthAccelerator scheme to help as many as 26,000 of the country’s brightest small businesses.
Small businesses might benefit from GrowthAccelerator » Read the full story
Vince Cable, the business secretary, says that the suggestion to set up a new government funded bank to lend to SMEs, would not be effective in tackling the crisis those businesses face when trying to obtain credit.
Small businesses urgently need to access credit » Read the full story
New research suggests that the personal finances, and private lives, of a lot of small business owners are suffering because of the rising costs associated with running their own company.
SMEs boost cash flow by dipping into owners’ personal wealth » Read the full story
The FSB claims that small businesses cannot start-up and grow with the present lending targets set by the government.
Do lending targets help the clients of umbrella company contractors? » Read the full story
The UK’s major high street banks are recruiting staff, both current and retired, to act as volunteer mentors to help small businesses thrive.
UK banks recruit volunteer SME mentors » Read the full story
According to Andrum Consulting, most entrepreneurs lack the organisational skills necessary to launch their ideas successfully.
Entrepreneurs need more organisational skills » Read the full story
Lord Oakeshott, the former Liberal Democrat Treasury spokesman has accused the UK banks of hindering the economic recovery by refusing finance to small enterprises and charging extravagant rates when they do.
Are UK banks bad news for umbrella company contractors? » Read the full story
The chances of companies collapsing are increasing by the month, according to a new study from RSM Tenon.
Are umbrella companies at a high risk of insolvency? » Read the full story
UK personal debt has now reached “tipping point” according to a recent report from moneysupermarket.com.
UK personal debt is spiralling out of control » Read the full story
Nearly 25% of the UK’s largest organisations will freeze executive salaries this year because shareholders will not tolerate high payouts, according to a new report from PwC.
Increased bonuses for directors won’t please shareholders » Read the full story
The latest ICAEW/Grant Thornton UK Business Confidence monitor shows that business confidence is weakening but the economy is slowly improving.
Economy is improving, will business confidence follow suit? » Read the full story
There’s been a massive surge in the number of entrepreneurs who have set up limited companies in the last five years, according to Experian.
Entrepreneurs leap by 117% in the last 5 years » Read the full story
The FSB is asking the government to do more to encourage competition in the banking sector. There have been concerns that the current lack of competition could lead us back into recession.
FSB calls for more competition in the banking sector » Read the full story
New data collected by a recruitment financer has revealed that the most deleterious effects of the global economic downturn are still to come for small and medium sized businesses.
Just waiting for the worst. It might be yet to come » Read the full story
The Investment Management Association has said that the government must not be detracted from the need to reform the UK taxation system just because spending cuts are being implemented.
Don’t ignore tax reforms says the IMA » Read the full story
SMEs and umbrella companies have been struggling to get much needed finance from the banks and Vince Cable has now put forward the government’s proposals to force the banks to make more funds available for small companies.
Cable to clamp down on banks that do not lend to SMEs » Read the full story
