£680bn in hidden cash which could be used to fund UK business growth
UK businesses have £680bn tied up in working capital, Lloyds Bank Commercial Banking reveals new data from over 5,400 businesses nationwide. more»
Lloyds
Five banks partner with UKEF as government boosts export support
The five banks that have signed up include Barclays, HSBC, Lloyds, RBS/Natwest and Santander, with the aim being to spread the benefits of overseas trade amongst more small firms. more»
Martha Lane Fox doesn’t believe government’s digital strategy goes deep enough
Business Advice spoke to the Lastminute.com co-founder to find out whether the government's strategy for delivering digital skills to the business community represents an effective long-term solution. more»
Bank cheque clearing will take just one day under all-new system
Under the new image-based system, average cheque clearing time will fall from “six weekdays” to “next weekday” according to The Cheque and Credit Clearing Company (C&CCC). more»
Micro business owners cut investment by three-quarters as they anticipate Brexit
Owners at the UK’s smallest firms are planning to severely cut investment in their business in response to potential economic uncertainty surrounding Brexit, according to new research. more»
New government funding scheme highlights lack of financial awareness among small businesses
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»
Challenger banks and Which? criticise CMA’s banking report for not doing enough
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»
Andrew Tyrie urges PRA to consider impact of bank tax on challengers
The Conservative chairman of the Treasury select committee has written to the PRA, urging it to consider the impact of the new bank tax on smaller lenders. more»
