Financing business

Chancellor George Osborne delivered his 2014 Budget statement on 19 March 2014. Here is a round-up of reaction from industry bodies.

Seventy per cent of all new businesses are started at home, research by AXA Business Insurance and the Enterprise Nation business network has found.

Scotland needs new sources of credit to help small and medium-sized businesses access finance, the Scottish Parliament's economy, energy and tourism committee has said.

The British Business Bank will invest £40 million to support peer-to-peer lending to small and medium-sized businesses.

Small and medium-sized enterprises are struggling to access the finance they need to start-up, operate and grow, according to a report from the House of Commons Public Accounts Committee.

Net lending under the Funding for Lending Scheme was three times higher in the third quarter of this year than it was in the second, the latest data from the Bank of England has shown.

Small and medium-sized enterprises in the European Union appear to have turned an economic corner in 2013, according to a report from the European Commission.

Guidance about how small firms and start-ups can access finance through crowdfunding has been published as part of Global Entrepreneurship Week, which ran from 18-24 November.

Small and medium-sized enterprises across the EU are still struggling to secure the financing they need, according to a survey carried out by the European Commission and the European Central Bank.

The first round of funding for the investment arm of the Government's Business Bank, designed to stimulate the flow of finance to small businesses, has been announced by the Business Secretary Vince Cable.