While Alistair Darling and Lord Mandelson, the business secretary, is
pleading with Britain’s banks to lift lending to small business to last year’s
of Small Business (FSB) has wants the government to go further and create
£1bn Small Business Survival Fund.
FSB is suggesting part of the the funds should be provided by the European
Investment Bank, which has already earmarked £1bn for small UK business, but it
wants Brussels to drop the tight conditions tied to the money, the The Daily
The federation hopes to meet the chancellor and the banks next week after
discussing the package with Baroness Vadera, minister for competitiveness and
small business, and opposition parties.
FSB is also proposing big businesses which fail to honour their bills in time
to be named and shamed.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.