SME lending shows little if any growth

As the Bank of England begins a 2-day policy meeting, data collected has shown a slump in the construction industry as lending to British small businesses experiences little or no growth. This drop in construction puts Britain at the brink of a recession, considering that it was the main reason for the economic slump of […]

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300,000 strong SMEs needed in the UK

New findings from the RSA commercial insurer suggest that SMEs are contributing about half to the Gross Added Value from the private sector to the British economy. The survey also predicts that over the next few years private enterprise will continue to grow faster than the rest of the British economy. However, in order for […]

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The loans market for SME’s

The small-business sector in the UK has been struggling recently because of the lack of loans available for them meaning they are unable to grow their businesses as quickly as would be possible if they were provided financing. Loans are often very useful for small companies as they allow them to employ new staff, and […]

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