Santander UK Chief Executive Ana Botín has extended the bank’s support for SMEs, building on a 25 per cent increase in lending over the past two years, with the launch of a new programme to place graduates from the country’s top universities on internships with SMEs across the UK.
Category: Finance
Financial advice for owners and managers of small and medium sized business SMEs in the UK All your tax, borrowing and administration advice
Business owners patience runs out as the week progresses over bad debts
If you are a late payer on a mission to avoid your creditors, the best days to be in the office are Mondays and Tuesday – the worst – Thursdays and Fridays.
ABN AMRO agrees £19M finance package with James Caan’s Hamilton Bradshaw
Hamilton Bradshaw, one of the world’s top 50 recruitment companies, has secured a £19m global facility from Invoice and Asset Based lender, ABN AMRO Commercial Finance for its staffing sector investment fund, Human Capital Investment Group.
Over one million SMEs unaware of energy savings on offer with cloud computing
Nearly 90 per cent of UK SMEs surveyed said that they were unaware they could make significant savings on their IT energy footprint by moving their business into the cloud, according to new research by energy company, E.ON
A poor reputation and expensive: UK SMEs reject payday loans
Expensive, with high interest rates and a poor reputation; the latest independent research from BDRC Continental shows the UK’s SMEs do not appear to welcome payday loans as a means of financing their business.
James Caan to chair new Board to distribute £82.5m of start-up business loans to young entrepreneurs
Former BBC Dragon’s Den star James Caan has been approached by Lord Young, advisor to David Cameron on Enterprise, to help the Government drive an initiative to provide start up loans to young people across the country.
Beware of bad debt
SMEs are urge to measure the financial strength of other companies before doing business with them.
“Business deaths” back to highest level for two years
Nearly 70 firms are collapsing every day, the largest number for two years, as banks continue to refuse to lend.
Manufacturers ‘could drive UK recovery’
Manufacturers’ financial health has dramatically improved over the past year, with experts predicting the sector could “drive the UK’s recovery”.
Thinking of selling your company?
Ten tips that everyone should take notice of if they are thinking of selling a business
The UK is on the brink of a lasting recovery
Britain is on the brink of a lasting recovery, according to the Organisation for Economic Co-operation and Development (OECD), as momentum builds in the global economy.
Government calls for new types of pension schemes
The government is exploring new types of pension schemes that would give more security to retiring workers.
Unexpected UK Growth News to Drive British Pound Sterling Higher in April
The April outlook for British Pound Sterling is expected to be resilient, mainly due to recent PMI data releases about services sector, construction and manufacturing of the UK economy and also struggling eurozone economy.
VAT registrations: Timing is everything
Accordance, the VAT compliance and consulting practice, is warning companies not to bury their heads in the sand when it comes to VAT registrations.
Santander named ‘Business Bank of the Year for record tenth time
Santander has walked off with three awards at the annual Business Moneyfacts Awards.