Business development

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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Reduce VAT to help improve economic growth

A leading business group has urged a targeted cut in VAT to boost business performance.

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Small exporters aiming at emerging markets

A new study of European exporters has revealed that the majority have plans for growing their trade with emerging economies.

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Accelerate small business planning applications

A business group has urged the Government to fast-track the process of planning applications for smaller firms.

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