Business Banking
Barclays announces £88 million for business loan scheme
Barclays has announced a further £88 million is available to lend to SMEs through the Enterprise Finance Guarantee (EFG), which was introduced during the downturn to help more businesses get finance.
RBS/NatWest make £1 billion available to manufacturing businesses
RBS and NatWest have pledged to make £1 billion of new loans available on competitive, flexible terms to UK manufacturing businesses.
Treasury calls for more choice in business finance
Work to increase options for UK businesses in need of non-bank finance is the subject of a discussion document released by the Treasury today.
Post Office to expand financial services offer
The Business Secretary Lord Mandelson today opened a public consultation on new financial products and services that could be offered by the Post Office.
VAT online alert for businesses
VAT-registered businesses are being urged to get ready now for major changes to VAT return filing and payment coming in next April.
NatWest and RBS make further commitments to support SMEs
NatWest and RBS have announced new measures to increase support for their 1.2m business customers with the introduction of a new SME customer charter.
Small businesses struggle to deliver environmental change
A quarter of small businesses are giving a higher priority to environmental considerations this year, in spite of the current economic pressures, according to research by Abbey and Alliance & Leicester Business Banking.
NatWest and RBS provide help for Cumbrian flood victims
NatWest and RBS have announced a package of help for customers impacted by the flooding in Cumbria.
Lloyds sets out help available to flood hit homes and businesses
Lloyds Banking Group has set out a series of commitments for flood hit businesses and homeowners.
Barclays Local Business responds to flood crisis
Responding to the implications of the recent flooding across areas of the UK, Barclays Local Business has today announced that it will be offering a financial support package to all of its affected business banking customers.
Working week gets longer for small business owners
Small business owners are working longer hours in the face of the current economic downturn, according to research by Abbey and Alliance & Leicester Business Banking.
Businesses looking at borrowing needs as confidence returns
With three quarters of businesses confident about their prospects in the next six months, new research from Santander Corporate Banking has found that one in seven UK businesses (15%) are looking to increase their borrowing as business confidence begins to pick up.
Lloyds TSB launches service to protect SMEs against bad debt
Lloyds TSB Commercial Finance has launched a service to help SMEs guard against bad debts, as insolvencies are forecast to reach record highs.
British businesses bear late payment burden of £30bn
A million plus small and medium sized British businesses have now been hit by late payments – and collectively, they’re owed a staggering £30.4 billion, according to Bacs Payment Schemes Limited (Bacs), the organisation behind Direct Debit and Bacs Direct Credit.
Santander Corporate Banking launches new fixed term bonds
Santander Corporate Banking has launched two new fixed term deposit accounts aimed at businesses with a turnover above £1 million. The six and nine month bonds offer market leading interest rates of up to 2.20 per cent gross pa/AER and are available from Monday 14 September.