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CBI calls for urgent government intervention
Monday, 09 February 2009

Without urgent intervention from the Government, the credit crunch hitting companies will get even worse over the next three months, according to new CBI research, published today (Monday).

FSB calls for more action to stimulate the economy
Monday, 09 February 2009

Government action to stimulate the economy is not working, the Federation of Small Businesses (FSB) warned today, after a member survey found that recent VAT cuts, bank lending guarantees and pledges on payment practices have had no impact.

Specialist financiers prove to be a lifeline for SMEs
Sunday, 08 February 2009

More and more businesses are turning to alternative funding as a method of riding out the economic downturn, according to new figures from SME business funder, Cattles Invoice Finance (CIF).

Insolvency epidemic spreading rapidly into other sectors
Friday, 06 February 2009

Commenting on today’s insolvency statistics showing a 11.9% increase in company insolvencies on the previous quarter a 51.6% increase on the same quarter a year ago, Carl Jackson, head of Tenon Recovery, said:

Weak manufacturing data confirms need for forceful policy response
Friday, 06 February 2009

Commenting on the total production and manufacturing output figures for December, published today by the ONS, David Kern, Chief Economist at the British Chambers of Commerce (BCC), said:

Businesses take action for automatic rate relief
Friday, 06 February 2009

Businesses in England are calling for the tax relief they are eligible for to be made automatic – saving them £400 million in total each year.

Insolvencies to soar to 5,000 in 2009, predicts KPMG
Thursday, 05 February 2009

KPMG Restructuring predicts that corporate insolvencies (administrations and receiverships) will rise dramatically in 2009 reaching 5,000 by the end of the year.

FPB welcomes new 3bn fund to boost lending to small businesses
Thursday, 05 February 2009
The Forum of Private Business (FPB) is welcoming a £3 billion fund to boost lending to small businesses. Following the Government’s decision in January 2009 to restructure its investment in the Royal Bank of Scotland (RBS) and Natwest, the bank has announced the fund, which will be split into 12 regional tranches of £250 million each.
CBI urges government to retain much improved R&D tax credit
Thursday, 05 February 2009

Research and development is critical for Britain’s future economic success, and the government must resist the temptation to allow the much improved and user-friendly R&D tax credit to wither on the vine, as it is particularly valuable during a recession, according to The Confederation of British Industry (CBI).

Evidence of credit 'starting to flow'
Wednesday, 04 February 2009

The bank of England’s Monetary Policy Committee meets tomorrow to decide whether they are going to cut interest rates, to revive the economy. However signs that credit has begun to flow have started to engage.

SMEs to benefit from debt rule change
Tuesday, 03 February 2009

A relaxation in Government regulations on how small firms can finance their bids for public sector contracts should provide a welcome boost to the economy, according to a leading banking lawyer. 

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