Banks

Drop in credit requests by small businesses

Loan applications from smaller firms showed a decline in the first three months of the year.

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Questions still to be answered on bank lending

The commitment by the major banks, announced as part of the Project Merlin deal struck with the Government, to increase lending to smaller firms has been broadly welcomed, but questions remain, insist small business organisations.

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Bank levy to rise ahead of the Budget

The Chancellor, George Osborne has said that the levy charged on bank profits is to rise by an extra £800 million this year.

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Banks still resist small firm lending

Small businesses are continuing to experience difficulties in accessing finance, according to the Bank of England.

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Small business bank loan deal hits stumbling block

Efforts by the Government to come to an agreement with the major banks on lending to small firms have reached a temporary impasse.

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Savers continue to be hit by inflation

The rising cost of living remains a problem for savers.

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Banks need to regain trust of businesses

The relationship between banks and businesses needs to be repaired following the economic downturn.

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Banks offer hope of more business loans

The UK’s major high street banks have indicated that they will lend an extra £10 billion to small businesses next year.

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Lower taxes would help small firms unable to access finance

A new report has argued that small firms are facing serious obstacles to growth, some of which could be overcome by lower business taxes.

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Small business bank lending shows tentative signs of recuperating

New figures have revealed that credit conditions for smaller firms have begun to stabilise.

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