Vince Cable announces new fund for SMEs

Vince Cable, the UK Business Secretary, recently announced a funding packing worth £45m, a component of the measures that have been put in place to drive small businesses. This funding is part of the UK government campaign to spearhead the growth of small businesses. The funding, which has been committed to BMS Finance and Praesidian […]

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UK SMEs still struggling to find funding

Small businesses in the UK are still suffering from lack of funds at least partially due to lenders’ hesitance in making affordable loans as start-up capital for entrepreneurs in private business. In spite of efforts by the government to incentivise banks and mortgage companies, a large percentage of SME owners have been refused a loan […]

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Small businesses to share £300m in loans

As part of the first phase of the government’s new business bank they plan to offer small businesses that are having trouble finding finance £300m in available cash. The finance applications are now open to all small businesses in the UK that have an annual turnover that is less than £100m. As part of the […]

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UK firms welcome apprentices

Many small businesses are thrilled with the chance to provide apprenticeships to others according to new research that found that employers in the UK believe that qualified apprentices make life easier for employees that hold other types of qualifications. The study was carried out by ICM Research and found that those who finish higher apprenticeships […]

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