Financing business

Banks undershoot small business lending targets

UK banks have failed to reach the levels of small business lending that were agreed under Project Merlin.

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Lending charges hamstringing small firms

The cost of loans imposed by banks is hindering the ability of small firms to drive economic recovery, it has been claimed.

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Little improvement in demand for business loans

Loan applications from SMEs are still very subdued, new figures suggest.

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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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Budget 2011: generating growth

Last year the spending cuts and the tax rises; this year renewal and recovery. That had long been the message offered by the Government in the approach to its second Budget, and the Chancellor, George Osborne was quick to assert the positive outlook of his statement.

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Use Budget to support private lenders, says business group

The Forum of Private Business (FPB) wants the Chancellor to use the Budget to boost incentives for private lenders to businesses.

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Cost of business loans on the increase

The availability of finance for small firms has improved over the past two months, but that has been paralleled by an increase in the cost of credit, a new report has revealed.

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Budget may include steps to boost private investment

The upcoming Budget may offer plans to deal with the shortfall in private investment for smaller enterprises.

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