Here Be Dragons

There is no doubt that for good or bad one of the most public manifestations of entrepreneurial Britain is the Marmite-like “Dragons’ Den” on the BBC, now in its ninth season.I’m sure that people may be surprised (as was I) to discover that the programme actually originated in Japan and that there are no fewer than 23 versions around the globe including Nigeria, Poland, Turkey and the Arab world. Each has a panel of well-known business le...
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Dynamic Funding

I was listening to the Today programme on BBC Radio 4 the other morning and was intrigued to hear a segment featuring an interesting engineering business, AB Dynamics, located in Bradford-on-Avon, Wiltshire.Specialists in the manufacture of high value, high quality, advanced testing systems for the global motor trade, AB Dynamics boast auto behemoths Toyota and BMW among their clients.A trip through their website quickly shows us that this compan...
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A muddled landscape

Spring was a busy time for Government initiatives trying to get funds into the hands of the UKs small and medium sized businesses.In April the Business Bank opened its doors, making available the first £300m of a potential £1bn earmarked for investment in the SME sector.Hot on its heals came the news that the Funding for Lending Scheme, meant to encourage banks to free up the flow of money into these same businesses, was faltering.At the same t...
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Fumbling for Lending

Of all the confusing statistics flying around recently this is one of the most troubling (here clearly described in the FT).[blockquote]“After falling in February and March, net lending to private non-financial companies dropped another £3bn in April, pushing the annual decline back down to 4% after recovering earlier this year.”[/blockquote]The statistics also reveal that repayment of loans to businesses have continued to outstrip new lendi...
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Quite un-Co-operative

It looks like the stormy outlook for our nation’s banks continues. Not only are their balance sheets under continual scrutiny, but new regulatory requirements will also mean further adjustments.With the Moody’s downgrade of the Co-operative’s banking business sending concerned ripples throughout the financial community, the spectre of a banking system in crisis re-appears.How can this possibly be the case five years into the current financi...
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