The chief executive of the British Bankers’ Association, Angela Knight has spoken out in defence of high street banks who have been under increasing pressure to make more funds readily available for small and medium sized businesses in the UK.
In an article on the BBC news site Knight reiterates the recent findings of the Bank [...]

UK Finance News
Entries Tagged as 'UK economy'
SME loan demand weak say British Bankers Association
John Williams - Wednesday 25.08.10, 13:04pm
Tags: Banking · Cash Flow · SME · UK economy
Factoring and Invoice Discounting as an alternative to traditional business banking
John Williams - Wednesday 11.08.10, 12:09pm
It is still early days for the new coalition government to get tough with high street banks, but according to recent research the traditional UK banking sector is still not fulfilling its promise to make more funds available to small businesses.
The Forum of Private Business claims that business owners are finding it more difficult than [...]
Tags: Banking · Cash Flow · Factoring · SME · UK economy
Metro Bank launches in London on July 29th
John Williams - Wednesday 28.07.10, 14:42pm
Metro Bank will open its first branch in Central London on July 29th.
Britain’s first new high street banking group since the 19th century will open its doors on Thursday promising a return to traditional banking practises from its ultra modern premises.
The flagship branch is the first of twelve planned openings across Greater London during the [...]
Tags: Banking · Finance News · Personal Finance · Savings · UK economy
How much is the pound in your pocket worth?
John Williams - Tuesday 27.07.10, 14:03pm
One in every thirty six one pound coins in circulation are fakes we are being told by the Royal Mint, who have been prompted to start a campaign showing the UK public how to spot the odd ones out.
Almost two million of the counterfeit coins were returned to the Royal Mint during this last financial [...]
Tags: Currency · Fraud · Personal Finance · UK economy
Are you among the 75% of UK mortgage customers that could benefit from a switch?
John Williams - Friday 23.07.10, 13:06pm
Recent research by Yorkshire Building Society shows that the number of mortgage borrowers now on their respective lenders’ SVRs (Standard Variable Rates) is over 2.3 million, representing 28% of the total mortgage market.
Typically these households have come off fixed term discounted mortgage deals which were available two or more years ago. Lenders SVRs, currently averaging [...]
Tags: Finance News · Interest Rates · Mortgages · Personal Finance · Property Market · UK economy








