George Osborne confirmed in his Autumn Statement that he is taking £40bn from the Bank of England’s existing monetary easing programmes to fund his “credit easing” package of measures for small businesses.
New research has revealed that SMEs in the UK rely less on bank debt than their international counterparts but have a lower level of business insurance than those outside the UK.
The most radical reform to the employment law system for decades have been outlined by Business Secretary Vince Cable as part of the Government’s plan for growth, cutting unnecessary demands on business while safeguarding workers’ rights.
The second phase of the Growth and Innovation Fund (GIF) was launched today by Business Secretary Vince Cable and Minister for Skills John Hayes. The fund will support businesses to develop their skills solutions tailored to their own needs, transforming growth in their sector, region or supply chain.
Despite record unemployment figures many UK employers are finding it difficult to recruit British workers – especially amongst the younger age groups.
Reggae Reggae sauce creator Levi Roots has admitted lying when he told the Dragons’ Den that the recipe was handed down to him by his grandmother.
As much as £9 billion pounds could be added to the British economy if SMEs that aspire to grow were able to do so. Key barriers to growth, which need to be overcome, include economic uncertainly, regulation and market demand.
Captains of industry from world leading UK companies are backing a new Government campaign to highlight the best of modern British manufacturing at an exhibition during the Olympic Games.
Business Minister Mark Prisk today announced two new government initiatives to support young people gaining their first experiences of enterprise as he marked the start of Global Entrepreneurship Week at Tottenham Hotspur Football Club.
A series of new measures to help Britain’s small and medium sized enterprises (SMEs) grow and create jobs, export to new markets, secure finance and cut red tape has been launched by the Prime Minister.