Business development

Fund boss urges new ways to finance firms

The chief executive of the Business Growth Fund has lent his support to encouraging alternatives to bank funding for businesses.

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Business Growth Fund may help more firms

There is the possibility that the Government’s Business Growth Fund, aimed at supporting fast-growing companies that would otherwise struggle to find funding, may be extended to more firms than were included in the original remit.

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Optimism slips among manufacturers

Smaller manufacturers are feeling less confident about the future, a new survey has indicated.

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Banks set to meet lending targets

The UK’s major banks look likely to meet their small business lending targets as agreed with the Government.

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Entrepreneurs expect funding conditions to ease

Entrepreneurs are still envisaging a tough time in securing finance over the coming months but think that money should be easier to obtain.

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Add competition to the banking sector to boost lending

Setting banks business lending targets is not the way free up credit for firms, a business group has claimed.

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Investment tax incentives are too complex

Schemes designed to encourage smaller firms to invest in new equipment and plant are too complicated and are doing little to boost business growth.

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Regulations costing businesses billions annually

Small firms are spending a collective £16.8 billion a year complying with business regulations, it has been claimed.

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Extra support for apprenticeships

The Government has announced a £25 million fund intended to support a further 10,000 apprenticeship places.

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Large firms should make prompt payments to smaller suppliers

The Government has called on larger companies to follow the example of public sector departments and to make sure they pay smaller businesses on time.

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