Business Banking
One million small businesses dissatisfied with high street bank
Research shows that over a quarter of small businesses have been dissatisfied with the support offered by their high street bank in the last 12 months.
NatWest and RBS provide new business support
Research by NatWest and RBS reveals encouraging signs as Britain looks to recover from the recession. Despite difficult trading conditions, 33% of SMEs surveyed see growth as an immediate priority for their company.
Banks can help small businesses build on economic recovery
Businesses should consider investing as banks stand ready to help them benefit from the economic recovery, the British Bankers' Association told an accountancy conference today.
Businesses still shy of going to the banks, says FSB
Small businesses are still avoiding the banks as latest figures from the Federation of Small Businesses (FSB) show only 18 per cent of small firms have approached the banks for new credit.
UK’s late payment mountain grows to £62.87 billion
New research from NatWest and RBS reveals that 71% of SMEs in the UK have suffered from late payments over the last 12 months, with the collective value of invoices paid outside of the stipulated terms and conditions estimated at £62.87 billion.
Boost to business confidence as weaker pound fuels export hopes
Buoyant export markets, fuelled by a weaker pound, are helping to boost business confidence, according to the latest Lloyds TSB Corporate Markets Business Barometer.
Harry Potter author "SPELLS" success for next generation
JK Rowling is the most inspirational and admired entrepreneurial female role-model for young women in the UK, new research carried out by The Co-operative Financial Services (CFS) has revealed.
Nationwide provides new loan facility for registered social landlord
Nationwide Commercial has increased its loan facilities for Cymdeithas Tai Eryri, a charitable housing association and registered social landlord based in North Wales.
Lloyds £1 billion pledge to support businesses over next two years
Lloyds Banking Group is pledging to make available at least £1 billion over the next two years, to eligible firms across the UK, as part of a drive to help businesses benefit from the opportunities created by the London 2012 Olympic and Paralympic Games.
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.