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.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
£5 million investment to help Service heroes start up their own business
The Be the Boss scheme for ex-service personnel is being expanded to include all Service-leavers.
Government forms consortium to support flexible working practices
Transport Minster Norman Baker has announced the formation of the ‘Anywhere Working’ consortium in a speech given in central London.
UK SMEs are fiscally savvy but low on risk awareness says report
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.
Cable announces Employment Law reforms
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.
Ministers re-open £60m fund to boost business skills & growth
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.
Britons just don’t want to work says new study
Despite record unemployment figures many UK employers are finding it difficult to recruit British workers – especially amongst the younger age groups.
Levi Roots admits ‘I lied on Dragons’ Den – it wasn’t grandmother’s recipe’
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.
£250m pilot to give employers power over skills training
Businesses will be given the power to design, develop and purchase the vocational training programme they need under a £250 million plan announced today by the Prime Minister. The move is designed to boost economic growth and ensure that the UK workforce has the skills that businesses require.
Business Link’s new Growth and Improvement Service to help make UK £9 richer
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.
Ministers unveil plans for “Make it in Great Britain” campaign & exhibition
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.
Pay & benefits worries leaves small businesses missing out on talent
Small businesses may be losing out on the most talented employees due to concerns among jobseekers around pay and benefits, according to a new survey.
Mark Prisk kicks off Global Entrepreneurship Week
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.
Cameron announces business growth package to help smaller firms
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.
Yell Group joins forces with UKTI to drive SME exports
Yell and UK Trade & Investment(UKTI) have announced an exciting partnership to provide vital support and guidance to small and medium-sized enterprises looking to expand internationally.
