Banks

CBI urges extra measures to encourage business growth

The government has been urged to take action in four key areas if the economy is to resume sustainable growth.

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Comprehensive Spending Review: effect on business support

Given that the Department of Business is facing annual cuts in its budget of 7.1 per cent, broad business support has inevitably been diminished.

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ID fraud now up to £1.9 billion

Criminals benefit from £1,000 for every stolen identity, new figures have revealed.

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Banks to set up small business fund

The UK’s six largest banks have put forward their plans for boosting the funding of smaller businesses.

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Business loans harder to secure

Securing a loan has become more difficult for over a third of UK firms in the last year.

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Give local banks freedom to lend, says business group

Too many firms are being denied credit even though they have full order books, and local banks should be given greater discretion when it comes to lending decisions, the Forum of Private Business (FPB) has argued.

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Banking sector needs more competition

The Federation of Small Businesses (FSB) has urged the government to take action to introduce more competition into the banking system.

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Small firms still feeling the squeeze on credit

Business lending shrank for the fifth month running, a new report from the Bank of England has revealed.

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Small firms still struggling to secure lending

Small businesses are continuing to find it difficult to borrow money.

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Savings accounts face 'obsolescence'

The twin pressures of stubbornly high inflation and low interest rates could render savings accounts obsolete, it has been warned.

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