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Items tagged "Finance"
'Slow recovery' expected in 2010
The worst is behind us, but it will be next year before the UK sees any GDP growth, business leaders have warned. In its latest forecast, the Confederation of British Industry (CBI) predicts that...
Government boosts trade credit insurance scheme
The Government is to extend its trade credit insurance top-up scheme, in a move welcomed by business groups. Launched on 1 May, the scheme was designed to protect the suppliers of...
Interest rates unchanged for third consecutive month
The Bank of England today announced that interest rates will remain at 0.5%. It is the third consecutive month that the official bank rate has remained unchanged. The bank's Monetary Policy...
Small business groups call for new bank
Small business groups have welcomed the idea of a new bank dedicated to SMEs. A Government review aims to establish whether such a bank - a new version of the Industrial and Commercial Finance...
Insolvencies up 57%
The number of business insolvencies has risen by more than half, new research by PricewaterhouseCoopers (PWC) has revealed. The analysis showed that more than 5,483 companies became insolvent in...
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