Banks

Overdraft rates on the rise

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

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Savers under the cosh

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

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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.

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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.

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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.

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Small business fund may be hit by banks' reluctance to get involved

A £1 billion scheme aimed at helping smaller firms gain access to growth finance could be hampered by the unwillingness of investment banks to join up.

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Pre-Budget Report 2009: business support

The Chancellor used the opportunity of the pre-Budget Report to commit the government to providing support for businesses during the economic recovery.

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Business support schemes to get 'new lease' in pre-Budget Report

It is expected that the Chancellor, Alistair Darling will use the pre-Budget Report to extend schemes designed to support businesses through the economic downturn.

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Innovation seeing small firms through the recession

Many small businesses have been able to negotiate the recession by creating new products and services, but still need support through tax cuts, a major new survey has claimed.

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