Articles written by Carl

Bank lending to small businesses in June was over a third lower than in the previous year, despite the British Bankers’ Association (BBA) claiming that its members were making loans of around £27m to small businesses every day.

The number of deals on offer has risen by 66% this year, from 1,414 in January to 2,351 now, says the financial information service Moneyfacts. However, 58% of the deals available still require a deposit of at least 25% of the home being bought.

The Coalition Government Green Paper on financing a Private Sector Recovery is a very strong document. It starts a consultation period which has been curtailed by one third because of the growing unease about the issues to be faced.

Eighteen per cent of small business owners in the West Midlands say they will be forced to shed jobs in the second half of the year. The region has the highest number of expected job cuts in the country, according to Clifton Asset Management (CAM).