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Entries from December 2013

Banks must respond to SME needs

Mary Thomas - Monday 08.17.08, 18:26pm

UK Bank representatives were set to get a grilling today at the Small Business Finance Forum, not just from the government, whose pleading is clearly falling on deaf ears, but also from representatives of the Federation of Small Businesses (FSB).
The FSB has been monitoring the banks behaviour, through its network of small business members, since the [...]

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Tags: Banking · FSB · SME · Small Business · UK Economy

HSBC announces £1bn SME fund

Mary Thomas - Sunday 07.17.08, 17:40pm

HSBC Bank has announced that it will make £1billion available to support it’s small business customers in the UK. The Bank says that the funds are part of a £3.3bn global working capital fund for small and medium sized enterprises (SMEs). HSBC is not one of the banks that took part in the governments bail-out [...]

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Tags: Banking · Business Growth · Cash Flow · SME · Small Business · UK Economy

Shop locally for Christmas urges FSB

Mary Thomas - Friday 05.17.08, 16:30pm

The Federation of Small Business (FSB) has cranked up it’s Keep Business Local campaign, by urging MPs to take the lead and buy their Christmas fare in local shops.
The response from Westminster has been good, receiving cross party support from Ian Cawsey (Labour) who tabled the motion during the Early Day Motion in parliament which was backed [...]

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Tags: Retail · SME · Small Business · UK Economy

UK Interest rate slashed to 2%

Mary Thomas - Thursday 04.17.08, 15:07pm

The Bank of England (BoE) announced a further one percent cut in the base interest rate today, the rate now stands at the lowest level since 1951 at 2%. The statement from the BoE appears to leave the door open for further cuts if the financial crisis and recession do not respond to it’s latest [...]

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Tags: Banking · Interest Rates · SME · Small Business · UK Economy