“Small businesses aren’t just making this up – there is a real problem.” Philip White, the chief executive of Syscap, has a point. Access to capital still isn’t getting any easier, despite continued government efforts. But who should we point the finger at: the banks, the government, or ourselves?
“This back and forth between the politicians and the bankers – what you might call Vince Cable versus Lombard Street – is not constructive. How can it be resolved? And how can trust be rebuilt in the banking sector?” asked Richard Lambert, the CBI director-general, in a speech this morning.
After years of hard grind, you’ve sold your business and made a small fortune. Here’s how to invest your well-earned cash.
Somewhere between 350,000 and 400,000 new companies are founded every year. Many will fail immediately, others will last longer. Only a tiny fraction go on to become great.
I was fortunate enough to be invited to a special fringe meeting at the Conservative Party Conference last week. I came away feeling much more optimistic about the future of apprenticeships and skilled trades.
Exporters are warning that the Coalition’s austerity drive is hurting the economy. But Cameron and Clegg’s hands are tied – their number one priority must be to reduce the deficit. What can they do?