Funding for Lending – chickens and eggs

A recurring theme amongst lenders over the last few years has been the lack of suitable borrowers for their funds. It is worth picking this statement apart however, as there are two distinct components.[icon_list][icon_list_item type="arrow-right"]Lack of demand from small and medium sized businesses[/icon_list_item][icon_list_item type="arrow-right"]Lack of credit-worthy business applying for funding[/icon_list_item[/icon_list]The Government’s...
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Time for some stick?

It is hard to believe, but it has been five years since the bottom fell out of the financial system, plunging the globe into the deepest and longest-lasting recession since the 1930s. Over these last five years the UK has struggled with the twin competing goals of reducing our dangerously high national debt, while at the same time creating an environment where the economy can grow.While we might generously give them an A for effort, we will have...
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Osborne’s choice

Only days away from this year’s budget and the press is heaving with lobby groups and special interests calling for a few coins to be cast their way by our beleaguered Chancellor of the Exchequer.The biggest of the business groups, The Confederation of British Industry (CBI) is making a plea for investment in Britain’s wounded construction industry. House builders have been for many years among the most aggressive investors in the UK, supplyi...
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Necessity. The mother of invention.

It is never easy to pick through the forest of information that surrounds the economic wellbeing or otherwise of the country. It is complicated, and further confused by the (often politically motivated) interpretation of these statistics by the politicians carrying out the policies delivering the numbers and their opponents, hell bent on uncovering the smoking gun of failure of said policies.As reported in The Guardian:[blockquote]“Less than th...
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Not a lot to cheer about.

I suppose it shouldn’t come as much of a surprise to anyone that business confidence has fallen to its lowest level in 21 years (according to a new survey), re-igniting fears that the economy will fall into a third recession since 2007.The BDO Optimism Index, which predicts economic activity during the next two quarters, dropped from 90.3 in December to 88.9 in January.This index has shown a consistent trend over the last few years and points t...
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