Banks slammed again for their business lending
15 Nov 2010 [0 Comments | 398 views]
“Banks are letting down business,” says a new report. “No they are not,” says the bankers’ very own association. Banks, eh? At the best of times most of us moan about them, but when the national mood has become anti bank, blaming them for our troubles is all too easy. Now a survey from eBay [...]
Government homes in on small businesses
2 Nov 2010 [1 Comment | 493 views]
The UK government has woken up to the plight of small businesses, or at least that’s what the latest communiqué from HM Government seems to suggest. In fact, communiqués from the government relating to the plight of beleaguered small businesses seemed to be coming out of all official orifices yesterday. First there was Small Business [...]
Entrepreneurs bank picks up steam, as start ups steam ahead
14 Oct 2010 [2 Comments | 475 views]
Yesterday was a good day for those who want to see more entrepreneurs. Plans by the banks to provide small and medium sized business with improved access to venture capital money seem to be looking more promising, with some very bullish noises coming from the banks. Meanwhile, according to data from Companies House there has [...]
British Banks to contribute to new venture capital fund
5 Oct 2010 [1 Comment | 637 views]
Now this is more like it. According to everyone’s favourite pink newspaper, six British banks are going to jointly contribute £1bn to a new venture capital fund. Now this really is the kind of move the UK needs, it really is the kind of stuff that can charge a sustainable recovery for the UK. Actually, [...]
Students opt for entrepreneur as career of choice
28 Sep 2010 [1 Comment | 1,457 views]
According to research from Hiscox, no less than 40 per cent of students in London are either running their own business or are about to do so. And Hull, the city that has suffered from permanent economic depression for decades, is second in the chart of would-be entrepreneurs. It’s good news surely, but why is [...]
Businesses say: who needs banks anyway?
24 Aug 2010 [1 Comment | 370 views]
A number of developments are pointing towards an interesting stage in the world of corporate finance, and the somewhat less glamorous world of small business funding. It seems businesses are bypassing the banks. This is how it used to work. Mr and Mrs Saver put their money in their bank for safekeeping. Rather than letting [...]
Cable reveals plans for local stock exchanges. His critics miss the point
27 Jul 2010 [0 Comments | 364 views]
Vince Cable is pushing the button marked finances for small and medium sized companies. Yesterday he and his good chum George Osborne revealed a new paper outlining ideas to deal with the problems businesses face in raising finance. And Vince’s idea of regional stock exchanges, first mooted before the election, was given another public airing. [...]
Students opt for entrepreneur as their career choice
22 Jul 2010 [0 Comments | 426 views]
From something bad, good things can grow. Mass unemployment is not good. But it can at least force the labour market to become more flexible and force some people to re-invent their career, which can be a good thing. Recessions in which businesses go bust can also leave a vacuum, which can filled by more-efficient [...]
Osborne wants to hit welfare, but business angels are left without a halo
28 Jun 2010 [0 Comments | 420 views]
George Osborne has let his ideas for solving the fiscal deficit slip while at the G20 summit. Mr Osborne wants to hit welfare, at least that is what he is saying . At the G20 in Canada, he told the press: “Some of these benefits individually are very much larger than most government departments … [...]
The great economic oil leak gets worse – only the small people can plug it
17 Jun 2010 [0 Comments | 635 views]
Goodness gracious, news on the economy seems to be gushing forth faster than oil into the Gulf of Mexico. There is only one thing that seems able to match the sheer volume of gas gushing forth from the world’s media on the economy, and that’s the hot air being emitted from the US media, and [...]
