Bank referral scheme helps fewer than 800 firms

Business
Bank referral scheme helps fewer than 800 firms 2nd September 2019.   The bank referral scheme, an initiative administered by the British Business Bank on behalf of the Treasury and which links small companies turned down for bank finance with
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Debt soars in the UK for listed companies

credit management
Debt soars in the UK for listed companies 21st August 2019. According to the latest Link Group UK plc Debt Monitor, debt soars for UK listed companies (UK Plc). UK plc borrowing rose for the eighth consecutive year in 2018/19,
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SME support from British Business Bank rises 27%

Business
SME support from British Business Bank rises 27%.  22/07/2019. Small businesses and start-ups in the UK received billions in financial support from the British Business Bank and its partners last year, with the institution securing 27% more funding for SMEs
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Cashless trend potentially “devastating” for small businesses

Business
Cashless trend potentially “devastating” for small businesses, warns FSB. 10/06/2019. The chairman of the Federation of Small Businesses has warned that many UK businesses could suffer “devastating” losses if bank charges for cards are not restricted, as cashless transactions account
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Banks reject 70% of small businesses

Business
Banks reject 70% of small businesses 3rd June 2019. A new report shows that Banks reject 70% of small businesses applications. A report from Smith & Williamson reveals that 70% of small businesses fail to secure finance at the first
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