small business news

free training for business mentors

The Get Mentoring website has been launched to encourage more entrepreneurs to become mentors for small businesses.

project merlin fails SMEs

Britain's 5 biggest banks have missed Project Merlin's 2011 lending targets for small firms by over £1billion.

surge in scrappage companies as metal prices soar

Companies House records show a huge increase in scrappage companies in 2011, but the rising price of metals is not just a boost for legitimate businesses as metal theft becomes more and more common.

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autumn statement 2011: credit easing programme announced

november 2011

In the Chancellor's Autumn Statement, George Osborne has announced a programme of credit easing to underwrite loans to SMEs.

However, interest rates have risen sharply creating a bad environment for small businesses trying to get access to finance.

Other funding initiatives for SMEs include:
• £250 million for energy intensive firms
• £500 million for science based industries
• Business rate relief extended to April 2013

• £1 billion for business finance partnerships for medium sized companies

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