Financing business

£100 million of SME funding open to alternative lenders

The Government has opened up £100 million in funding to alternative lenders wishing to invest in small businesses.

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SMEs reject business payday loans

Small businesses are unwilling to use payday loans as a way of financing their business, according to market research company BDRC Continental.

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£200 million coaching programme aims to accelerate SME growth

A new £200 million coaching programme aimed at helping up to 26,000 small and medium enterprises (SMEs) to reach their full potential, has been launched by the Government.

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Corporate insolvencies on the rise while personal insolvencies fall

The number of company insolvencies increased in the first quarter of 2012, although personal insolvencies were down compared to last year, figures from the Insolvency Service show.

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MPs call for Government to help SMEs in bank 'mis-selling scandal'

Toby Perkins, shadow small business minister, and Chris Leslie, shadow Treasury minister, have called for the Government to take urgent action against growing claims that mis-selling by banks has driven many driven small businesses to the point of bankruptcy.

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Advisory group to track Northern Ireland's global economic competitiveness

Northern Ireland's independent Economic Advisory Group (EAG) is to develop a strategy to accurately measure the country's economic competitiveness.

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FSA investigates banks mis-selling to small businesses

The Financial Services Authority (FSA) is to investigate a growing number of claims that small businesses were mis-sold certain complex financial products by major banks in the UK, following a report that appeared in the Sunday Telegraph.

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£1 billion youth employment programme launched

A new £1 billion programme aimed at helping 18 to 24 year olds into work and training has been launched by the Government in a bid to tackle youth unemployment.

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Business groups offer last minute Budget proposals

Business groups have urged the Chancellor to take 'radical action' and deliver measures which support small businesses, drive job creation, and encourage UK economic growth, in the Budget that will be announced tomorrow.

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Loan scheme for small businesses launched

A new Government backed loan scheme worth £20 billion aimed at boosting lending to small and medium-sized enterprises (SMEs) has been launched by the Chancellor.

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