BIS Taskforce aims at increasing non-bank lending

As part of the Government’s work on credit easing, the Secretary of State for Business, Innovation and Skills has set up a non-bank lending taskforce. It will be chaired by Tim Breedon, Chief Executive of Legal & General Group plc. The taskforce has been...

£20 million Government investment to boost apprenticeships

Vince Cable will today set out how £11 million of Government matched funding, awarded following the first round of bids to the Growth and Innovation Fund (GIF), will enable employers to deliver more effective skills solutions through more apprenticeships, new...

HSBC increase SME funding by £25 Million – but will you get any?

On November 10th 2011, HSBC announced it will be participating in the Government’s Regional Growth Fund (RGF), and initiative to support businesses that are recruiting. The £25 million which HSBC will receive from the fund will be used to support English small...

King urges Government to offer incentives for Banks to lend

Mervyn King, governor of the Bank of England, has urged the government to set incentives for banks to boost the amount of lending to cash-tight small and medium sizes businesses. King has been questioned by members of the parliament’s Treasury Select Committee...

European Leasing Market Grew 5% in 2010, Report Reveals

A preliminary survey of the European leasing market in 2010 by Leaseurope – the trade association representing the automotive rental industry – has shown that new leasing has increased on the continent by 4.9%, raising the total new volume of leased...

The Inspector Calls

New business owners will be benefiting from a pilot scheme by the HMRC to offer ‘telephone education’ in order to help advise them on the requirements of filing tax for a business. In HMRC’s own words, they will be calling and offering...