Follow us
During and after the recession it has been difficult for smaller businesses to receive the funding that they required. In 2010 the big five banks of UK pledged £60 billion towards loans offered to SMEs. In 2011 they have promised to increase this amount to £70 billion. This is good news for small and medium sized businesses that need funds to implements expansion and growth plans. It is reported that Chancellor George Osborne met with the top management of the largest banks in the country. The role of banking in the growth of the economy and increase in employment were key topics that were discussed.
Viewed 215 times so far.
Like this? Tweet it to your followers!
Like this? Let your friends know now!
Latest articles from Tekhoi Editor
-
More Seniors Turning Entrepreneurs
posted on Friday, 11 March 2011 03:52
During the recession it was noted that older people were choosing to start their own…
-
Social Media can be a Vital SME Tool
posted on Wednesday, 09 March 2011 04:44
Experts recommend that SMEs use social media as not just a marketing tool but also…
-
SMEs Hope for a Productive 2011
posted on Saturday, 05 March 2011 06:07
According to a survey conducted by Barclays Business, UK small businesses are looking forward to…
-
FSB Question Time Debate for Small Businesses
posted on Tuesday, 22 February 2011 05:44
The Federation of Small Businesses, FSB, will hold a Question Time debate on March 17th…
-
Government Sickness Review Causing Worry
posted on Monday, 21 February 2011 08:54
According to the Trades Union Congress, TUC, government sickness review should not lead to workers…
< 
