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Santander launches £200m SME fund
Wednesday, December 07, 2011
Santander UK has launched a £200m fund targeted at fast-growing small and medium-sized enterprises (SMEs).
The programme will be delivered regionally and includes a £50m contribution from the government’s Regional Growth Fund to encourage lending at the smaller end of the investment range in...
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Late payments to SMEs reach all-time high at GBP33.6 billion
Wednesday, November 30, 2011
The worst offenders for paying late are large companies which are behind 48 per cent of SME late payment debt, research finds.
The amount owed to UK small and medium-sized businesses in late payments has reached an all-time high of £33.6 billion since the first late payments survey in Septem...
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SMEs in UK pessimistic about economy
Wednesday, November 02, 2011
Nearly three quarters of small businesses believe the UK economy will re-enter recession in 2012, according to new research from credit reference agency Graydon UK.
In a sign that business confidence is still very low amongst UK small and medium-sized enterprises (SMEs), nearly 73% of those a...
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Real estate the worst sector for insolvency
Monday, September 19, 2011
Real estate has become the worst-affected sector for insolvency after making up 35% of total administrations in the second quarter of 2011, according to Insolvency Service figures.
The sector accounted for 243 of the 695 administrations recorded during the quarter and also experienced a 25% ...
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