Banks

Emergency Budget 2010: tough measures for tough times

Not for a political generation or two has a Budget generated such intense interest. Pre-announcements by the Coalition Government had prepared everyone for large-scale changes to the tax system and for deep public spending cuts.

Read more »

Emergency Budget 2010: Speech begins

The Chancellor, George Osborne has risen to his feet in the House of Commons at 12.30 pm and has embarked on what is regarded as one of the most important and far-reaching Budget speeches in a generation.

Read more »

Action promised on business lending

In his first major speech as Business Secretary, Vince Cable committed the government to taking a tougher line on parts of the banking system that have “not served enterprise in this country as well as they could”.

Read more »

Small firms want the Budget to tackle the deficit

Two new surveys have revealed that large numbers of smaller businesses regard the reduction of the national debt as a priority for the emergency Budget.

Read more »

Overdraft rates on the rise

Interest rates on agreed bank overdrafts are at their highest for ten years.

Read more »

Savers under the cosh

A combination of low interest rates and rising inflation has made it exceptionally tough for the UK’s savers.

Read more »

Budget 2010: an overview

“This will be a Budget to secure the recovery, tackle borrowing and invest in our industrial future” was how the Chancellor, Alistair Darling summed up the last Budget before the next general election.

Read more »

Call for more competition among banks

Banks need to return to their normal lending criteria in 2010, a leading business group has said, and there should be more competition among business loan providers.

Read more »

Government scheme secures £500 million in business loans

Over 5,000 firms have secured loans worth more £580 million under the government’s Enterprise Finance Guarantee scheme.

Read more »
Syndicate content