UK Treasury Minister Lord Sassoon has unveiled a new website designed to target support to growing businesses. The site, developed by the British Bankers’ Association (BBA) and the UK’s largest high street banks, will provide a range of tools and factsheets to help firms access the finance they need.
Lord Sassoon said: “As a government we have been working hard with the banks to try and get credit flowing again. I am delighted to be able to announce the launch of Better Business Finance. The site provides a one-stop-shop for businesses from which they could get impartial information about how to secure finance and consider the best options available for their business. It also includes a series of fact sheets about many of the issues that matter most to them.”
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.