RBS to set up SME loan hotline

The RBS, or Royal Bank of Scotland, has responded to pressure from the Government to increase its SME business loans, by setting up a hotline tailored at helping small firms get approved and access to loans. Both the RBS and fellow bank Lloyds have come under fire by the Treasury lately, for offering interest rates […]

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Are banks overcharging SME’s for loans?

The RBS and Lloyds Banking Group are currently under investigation by the Government after allegations surfaced that the two groups may be purposely increasing loan costs to small business enterprises. An unidentified source from the Government stated that investigators are not focused on forcing the banking institutions to make uneconomic loans, but current research shows […]

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Royal Mail under threat from its customers

Argos announced today that they will move away from Royal Mail delivery, if the unions take on a national strike until working conditions are met. For the time being, the company has already arranged to use rival operators so that its company deliveries would not be affected. Many other businesses both small and large have […]

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SME’s struggle to avoid redundancies

Britain’s small businesses are facing an uphill battle to keep their staff in the wake of Britain’s unemployment costs, that reach up to £350m, and the highest number of households without all members employed in ten years. A new study by Close Invoice Finance surveyed 500 entrepreneurs, and found that 68% think they will be […]

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SME’s diversify to survive

Avia’s new research shows that more than half of all medium and small business enterprises (also known as SME’s) are attempting to diversify in an effort to make it through the debilitating business environment that is a result of the recession. SME’s have embraced several different diversification techniques including opening on the weekends, increasing the […]

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CBI outlines plans for any new government

The CBI will release a new manifesto for business that outlines what the group believes the governments priorities should be after the election is over, regardless of which party ends up with in power. The CBI outlines in its 12 point plan the need to take action against youth unemployment, further stabilization of the banking […]

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