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Cost of running retail businesses up £20 billion since 2006
Retailers make an essential contribution to investment, jobs and growth, said the British Retail Consortium (BRC) as it published new pre-Budget research. The Chancellor can help maintain that...
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SME finance and tax must be at the heart of the Chancellor’s Budget, says FSB
The Federation of Small Businesses has submitted its wish-list for the 2013 Budget, which is being announced on Wednesday, 20 March, with business rates and small business funding reforms cornerstones...
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Hitachi Capital launches trade loan fund
In response to the Bank of England’s reports on the failure of some of its participating banks and building societies to increase loans to small businesses under the Funding for Lending Scheme, Hitachi...
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Start-Up loan scheme hits 2,000 mark
The Start-Up Loan scheme has exceeded expectations as 2,000 young entrepreneurs have now received support to help get their business venture off the ground, in a boost to growth and the UK’s efforts to...
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Mixed response to Budget
The response by businesses to this year’s Budget has been muted, with some SMEs praising increased capital expenditure, a reduction in corporation tax and changes to the PAYE system, while others have...
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SMEs ‘need finance expertise’
Small businesses with well-developed finance teams achieve faster, more sustainable growth for longer and can attract investment to help them develop, says ACCA (the Association of Chartered Certified...
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More than half of small businesses turned away by their bank
More than half of small businesses in the last six months have been refused funding by their bank, with a third given no justification or explanation for how the decision was made. In a new survey,...
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New SME bank launched
Business Secretary Vince Cable has launched the first phase of the new business bank. £300 million will be invested alongside private investors to address long-standing gaps in the SME finance market....
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New VAT penalties for late payers gathering support amongst businesses
Beatrice Bartlay, managing director of jobs agency 2B Interface, is spearheading a campaign to ensure that small businesses such as hers don’t suffer as a result of larger companies taking a lax...
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Banks ‘penalising construction industry’
Research from alternative lender Nucleus Commercial Finance shows that healthy construction firms desperate for cash to invest and grow were being turned away from their banks or offered loans at...
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One in four (26%) people in the UK (or up to 12 million) would consider...
One in four (26%) people in the UK (or up to 12 million) would consider loaning money to UK SMEs by joining a peer-to-peer lending scheme (P2P) in 2014 when the sector will be fully regulated by the...
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