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Newcastle upon Tyne experiences its best ever April for company formations according to the Register of Companies from Companies House.
Leamington Spa has set a new record for first quarter business start ups with 164 new companies formed in Leamington in the first quarter of 2012.
In response to Duport's announcement of record numbers of new company formations in Bath, local MP, Don Foster praises the city's burgeoning reputation for business and creativity".
february 2010
Vince Cable, Treasury Spokesman for the Liberal Democrats has lambasted banks for their failure to release credit to small firms, and blamed them for jeopardising the economic recovery.
Speaking of Lloyds and Royal Bank of Scotland, Mr Cable stated: “They insist that they are falling over backwards to help their business customers despite all the mass of evidence to the contrary."
“Restrictions on lending to sound companies by all banks is preventing a sustained economic recovery and thereby compounding the risk of growing bad debts about which banks are concerned.”
"Bank managers are reported to be playing all kinds of games to tick the boxes without engaging seriously with smaller commercial clients."
Whilst outlining the Liberal Democrats’ plans for banking regulation, Mr Cable also said that a policy to compel banks to start lending was “unavoidable”, and stated that his party was “committed” to breaking up the banks.