MPs criticise government small business lending schemes
MPs have criticised the government’s attempts to boost lending to small and medium businesses in a report published today.
MPs have criticised the government’s attempts to boost lending to small and medium businesses in a report published today.
The government today announced an injection of cash into its Start-up Loans and New Enterprise Allowance schemes.
Although it is still relatively unknown to businesses, the Seed Enterprise Investment Scheme promises to be the most useful tool for raising investment at the moment.
Government schemes and rising GDP have SMEs hoping that an easier future might be in sight.
Designed to help SMEs raise vital finance, the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) should be embraced with open arms by UK entrepreneurs.
George Osborne has extended the £80bn Funding for Lending scheme ( FLS) for another year but UK business leaders are sceptical that this will boost funding for SMEs.
Is the Seed Enterprise Investment Scheme (SEIS) the best approach to the funding issue?
There's no anticipation for much radical change in strategy for the March 2013 Budget, but we know that the needs of SME will not go by unnoticed. What's in it for business this year?
It sounded like a good idea but the Bank of England's Funding for Lending scheme (FLS), which is intended to boost credit to households and businesses, has yet to deliver the goods.
As the Bank of England published disappointing bank lending figures this week, banks and government claim that the Funding for Lending Scheme will need more time to have an effect.
With a report out showing that 76 per cent of new jobs come from the small to medium sector, Bruce Whitehead wonders what “Gideon” Osborne will pull out of his red briefcase.