UK business owners could soon suffer from a shortage of physical cash, after an industry body announced that 35 per cent of the country’s free-to-use cash machines were under threat. more»
Reflecting a marked change in the way people interact with their bank, HSBC revealed that the number of customers using its branches has dropped by 40 per cent since 2012. more»
Metro Bank, which describes itself as the “entrepreneur’s bank”, has started 2017 by announcing £1bn of capital will be ring-fenced for lending to new and existing business lending customers. more»
For those running a sole trader enterprise, it can be tempting to simply use your personal current account for business transactions, but that can lead to a number of problems. more»
Almost three quarters of small companies hold back from exporting due to a lack of experience and knowledge of international markets, as a new HSBC report highlights the demand for better government support for businesses. more»
Chairman of the National Association of Commercial Finance Brokers (NACFB), Paul Goodman, explains why small companies have, until this week’s bank referral scheme, been woefully ill-equipped to navigate the UK finance landscape. more»
Small business owners who are finding it difficult to obtain finance from major high street banks will from today be paired up with alternative funding options, under a new government initiative. more»
In light of more and more firms opting for online technology to become more efficient, the bank recently marked up its electronic banking tariff turnover threshold from £5000,000 to £2m. more»
High street lender NatWest has launched a new £1bn lending fund to help support growth among small businesses across England and Wales. more»
The banking watchdog, has come under fire for pulling "many of its punches" in the report exploring how to improve competition in the sector. more»
