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Financing business

Give local banks freedom to lend, says business group

Too many firms are being denied credit even though they have full order books, and local banks should be given greater discretion when it comes to lending decisions, the Forum of Private Business (FPB) has argued.

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Late payment picture beginning to improve

The proportion of smaller firms experiencing the adverse effects of late payments fell by 20 per cent in the first six months of the year.

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Banking sector needs more competition

The Federation of Small Businesses (FSB) has urged the government to take action to introduce more competition into the banking system.

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Small firms still feeling the squeeze on credit

Business lending shrank for the fifth month running, a new report from the Bank of England has revealed.

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Small firms still struggling to secure lending

Small businesses are continuing to find it difficult to borrow money.

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Undervalued security could be hitting business lending

Inaccurate property valuations are stopping smaller firms from securing bank loans, it has been claimed.

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Business angels face greater demands

New research has suggested that business angels are being asked to invest their money for longer and in larger projects.

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Chancellor urges banks to up business lending

The Chancellor, George Osborne has called on the UK’s banks to improve the level of access that smaller firms have to finance.

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