Latest Business Finance News

Looking for Finance for your Business? April 27, 2011
If you have looked at finance for your business in the last 12 months you will know how hard it has been. You will also know how frustrating it has ... [MORE]

Business Finance: Budget 2011 March 25, 2011
In case you haven’t heard the budget this year had a positive spin for UK businesses large and small. Big businesses were given the olive bran... [MORE]

Small businesses should look to unsecured loans, says Barclays February 22, 2011
Barclays says most small businesses would pay less if they applied for an unsecured loan rather than use an asset-backed finance product. ... [MORE]

Dec Snow Hit Retailer Hard January 05, 2011
It is no news that last months weather was pretty dreadful. Like most people out there I only ventured out when abosolutely necessary. But the sno... [MORE]

Government and Banks have Constructive Talks December 21, 2010
Reuters have today reported that the banks and the Government have sat down this week to have talks on bankers bonuses and SME lending. For full repor... [MORE]

Slow Recovery to Continue: Forecast by CBI December 20, 2010
The economy is forecasted to achieve a 2% growth in the UK next year and this will rise again in 2012 to 2.4%. The Confederation of Business In... [MORE]

Business and consumer confidence waning? August 26, 2010
There is growing evidence that the new found confidence in the economy might have been short lived and is indeed now starting to wane. Figures for... [MORE]

Small Firms are still being Squeezed by the Banks July 29, 2010
The Governor of the Bank of England has attacked the banks for leaving small business out in the cold. He described it as heartbreaking to see so ... [MORE]

Hung Parliment: Whats does that mean for UK business?? May 07, 2010
What does a hung parliment mean for UK business?   Well at the moment business as usual but these are interesting times for the UK and ... [MORE]

Local council pensions are underfunded March 26, 2010
Local council pensions are said to be underfunded by £65billion, as study has found that they are in such a bad state that they may hav... [MORE]

London to become the most tax city in the world? March 13, 2010
With the new 50% tax being said to come in next month London workers that earn £150,000 plus a year will be the highest taxed in the world. ... [MORE]

Obama announces fees on bailed out banks January 15, 2010
The US president has announced fees on the US banks that were bailed out in last year’s crisis. He has said that if they can afford to pay out big... [MORE]

Bank Bonus Tax has Failed January 07, 2010
The Government has admitted that the bonus tax that they set on banks last month has failed. It was meant to get the banks to strengthen their bal... [MORE]

Sainsbury beats the forecasts January 07, 2010
Good news for UK supermarket Sainsbury as today it announced forecast beating sales for the last quarter, with them serving record custo... [MORE]

Confidence from heads of finance on a high January 04, 2010
Despite the warnings of some journals regarding a ‘double-dip’ recession financial controllers of leading UK businesses are said to be more confid... [MORE]

One Off Tax On Bankers Large Bonuses December 08, 2009
Alister Darling, has said that bankers should expect a onetime tax on large bonuses. Although taxpayers may be saying “about time” this is apparen... [MORE]

Banks Win Over Overdraft Charges November 25, 2009
You know it never ceases to amaze me that the banks get bailout after bailout and break after break whilst other businesses get nothing. But yet a... [MORE]

The rate of inflation rises November 17, 2009
  Inflation rates rose more than experts expected in October climbing for the first time in 8 months as the cost of fuel and air travel we... [MORE]

Cable & Wireless plans on the London Stock Exchange November 17, 2009
Cable & Wireless, the UK’s second largest fixed-line telecoms company plans to raise over £200m by demerging its two main businesses CWI... [MORE]

UK Business Struggling to Obtain Finances Yet Again November 16, 2009
UK businesses are said to still be struggling to find the finances they need.  With over half of UK businesses saying they will have to freez... [MORE]

Supermarket Sweep this Xmas November 12, 2009
ASDA has said that it is already set to be most competitive Christmas ever with massive prices cuts throughout the holiday season.   ... [MORE]

Lloyds Banks to help-out 300,000 business start-ups November 09, 2009
Lloyds has said that it will help 300,000 new start-up businesses over the next 3 years. It has said that it will match rivals charges and fees an... [MORE]

5 Buyers for Every House On the Market November 06, 2009
Reports are stating that there is now around 5 buyers for every house on the market. Despite a fall in sales in the last couple of months. This is... [MORE]

GM says it will still need to cut 10,000 jobs November 05, 2009
GM Europe has said that it will still need to lose 10,000 jobs in Europe in line with cost cutting plans. This has been met with hostility in Germ... [MORE]

GM to keep Opel & Vauxhall November 04, 2009
GM has decided to keep both Opel and Vauxhall rather than sell them off. GM never really wanted to get rid of the European operations but because ... [MORE]

MP’s expenses scams might become a thing of the past November 04, 2009
New rules to stop MP’s abusing the expenses system will come in to force shortly. MP’s will no longer be able to buy second homes with taxpayers m... [MORE]

RBS loses more in the bank bailouts November 04, 2009
Royal Bank of Scotland Group is said to being more severely treated that Lloyds in the latest bank bailout massively restricting their earning pow... [MORE]

RBS & Lloyds get another bailout form UK taxpayer November 03, 2009
Amazingly RBS, already 70% owned by the government, is to get another £25.5 billion+ bailout totalling around £45 billion making it th... [MORE]

(RBS saga cont) The EU may force RBS to sell more assets than planned November 02, 2009
The Royal Bank of Scotland, 70% owned by the Government, has said that the European Union may force them to sell more assets than they had planned... [MORE]

RBS said to be near a deal November 01, 2009
The Royal Bank of Scotland is said to be near a deal tonight to exit the government program that would insure its risky assets. As previously ment... [MORE]

RBS Said to be near a deal to exit UK asset insurance plan October 31, 2009
It has been said that the Royal Bank of Scotland may be near a deal to leave the UK government asset plan earlier than expected.   T... [MORE]

UK House Prices Post First Annual Gain in 19 Months October 30, 2009
As low interest rates, improving confidence in the economy and housing market has meant that has been the first annual gain in 19 months. ... [MORE]

Jobs on the line at Threshers in a Bid to Find New Buyers October 30, 2009
First Quenching Retailing, the company that own Threshers, this morning announced layoffs, redundancies and shop closures in a bid to cut costs w... [MORE]

Lloyds say it is considering fundraising options October 29, 2009
Lloyds Banking Group PLC is now 43% owned (bailed out) by the British Government. Lloyds are now announcing that they are looking to find other wa... [MORE]

BP Profits Up October 27, 2009
BP have posted third quarter profits that have beaten analysts estimates. They have also raised their cost cutting targets further which have sent... [MORE]

Bank of England Asset Purchases Plan Will it Spur U.K. Inflation? October 27, 2009
The Bank of England will next week decide whether or not to increase the £175 billion pound asset-purchase program. Our gross domestic produ... [MORE]

FSA announces action to help investors with Lehman-backed structured products October 27, 2009
The Financial Services Authority (FSA) has today announced tough action to help investors who received unsuitable advice when they bought Lehman B... [MORE]

www.local-business-finance.co.uk October 24, 2009
Our Purpose   www.local-business-finance.co.uk was setup by eBusiness Development who are agents for a large network of finance... [MORE]

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