Category: News

The British Chambers of Commerce’s latest Quarterly Economic Survey (QES), released today suggests that while the UK economy has returned to positive growth, the disappointing results highlight the fragility of the recovery.

Santander was named ‘Business Bank of the Year’ at the annual Business Moneyfacts Awards last week. This prestigious award strengthens Santander’s strategy to become the ‘SME bank of choice’ and was among four awards the Spanish bank took home on the night. It was the third consecutive year Santander has won the award for ‘Business Bank of the Year’.

The Government has today set out a series of measures to help inspire, support and grow business as David Cameron stated his aim that “this decade one of the most entrepreneurial decades ever”

People looking to start their own, or grow their fledgling business has been given a major boost with 60 leading brands have pledging millions of pounds worth of support under a major new campaign launched by the Prime Minister and some of the UK’s leading business leaders today.

Addison Lee, the UK’s largest minicab company reported strong financial results for 2010-11 with bookings up 24 per cent and turnover up by 19 per cent.

Chancellor George Osborne has unveiled plans in the Budget for 21 enterprise zones in a bid to boost all parts of the country.

Chancellor George Osborne’s speech was billed as a Budget for Growth and presented as the Budget for Business and he pummelled the point home with the word “business” featuring 37 times in his hour-long speech.

The Chancellor George Osborne is currently reviewing a range of options to tackle the UK’s “dysfunctional” system of small business taxation in next week’s Budget.

The Chancellor plans to use the Budget to respond to anger over soaring fuel prices and help fleet and company drivers battle against the rapidly rising costs.

George Osborne is plotting a UK SME and manufacturing revival with recreation of ‘enterprise zones’ and £100m business tax cuts.

New research published today signals a strong focus on growth amongst UK’s small businesses and an ambition to take their business onto the next level is returning after recent negative.

Business Secretary Vince Cable has accepted that there is more to be done to help business as a report by MPs has said that the government’s growth strategy will have little effect without the support of the banks.

The CBI is urging the Government to be bold in its approach to waste policy and recognise its potential to deliver easy wins on a number of big policy areas from meeting climate change targets and bolstering energy security to helping unlock infrastructure investment.

Following the announcement of ‘Project Merlin’ yesterday, the requirement by banks to lend up to £200billion to small and medium sized businesses this year is ‘meaningless’, a senior banking executive admitted.

Businesses entering administration fell by almost a quarter across England in the last quarter of 2010 compared to the same period in 2009, with the fall in insolvency numbers much more pronounced in London and the South East.