Banks

Publicly funded small business scheme under review

The government has set up a review to examine whether a publicly backed venture capital fund is needed to help small, high growth firms with their financing.

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Government small business lending scheme wins support

The government’s main scheme for encouraging the banks to lend to SMEs during the recession has gained the backing of business groups.

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Business lending still in a trough

Lending to both large and small firms remains weak, the Bank of England has said.

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Businesses should 'persist' in chasing funding

Businesses are being advised not to take refusals of help with funding from banks as the final word on the matter.

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Long term savings accounts offer improved rates

Savers might have to be willing to tie their money into long term deals in order to enjoy reasonable returns on their investments.

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Savings accounts beginning to offer better returns

After months of poor savings account interest rates, investors may be about to reap the rewards of better returns on their money.

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Small business lending needs greater 'scrutiny'

The government has been urged to clarify the levels of lending that banks are making to small businesses.

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Temporary savings deposits may get more protection

Savers who deposit large sums into their accounts could get a short-term increase in the level of protection guaranteed their money should the bank or building society get into difficulty.

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Stamp duty needs reform

The government should raise the threshold for stamp duty in order to aid the recovery of the housing market.

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Government says business lending scheme is working

The government’s Enterprise Finance Guarantee scheme has processed more than 1,300 eligible loans worth almost £145 million, Peter Mandelson the Business Secretary has said.

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