There will be more cash available to entrepreneurs through the Small Firms Loan Guarantee Scheme, smaller companies will be given greater assistance to win government contracts while Alistair Darling has also confirmed a pot of money to encourage women entrepreneurs.
Alistair Darling’s promise to boost the Small Firms Loan Guarantee scheme by £60m has received a lukewarm response from entrepreneurs although there’s concern the structure of the initiative is still an impediment for businesses seeking funds.
Paul Bird has resigned as finance director of eg solutions.
“This is a desperate Budget from a devalued Chancellor.” And it gets worse. After Chancellor Alistair Darling dropped his pearls of wisdom this afternoon, we rounded up the response to this year’s Budget.
Anna Hughes has resigned as finance director of Ipswich Town Football Club.
As Chancellor Alistair Darling raises alcohol duty (again), young beer entrepreneur Sam Moss wonders where all the money has gone, and predicts a dire future for drinkers.
If Alistair Darling’s first Budget is going to be remembered for one thing, it will be this: being incredibly boring.