Business Finance Junction – October 2014

Business Finance Junction – October 2014

It’s anticipated that sometime during October the Government-run British Business Bank will unveil its first deal with a lender.  The scheme offers to share the risk of certain losses on a portfolio of new loans made to small and medium-size businesses. In effect the smaller banks (i.e. challenger banks) could be enabled to lend more [...]
Banks In Short: We Have A Ghastly Mess

Banks In Short: We Have A Ghastly Mess

In the fashion of Awards; fourth place goes to NatWest, third place goes to Santander, second place is Lloyds TSB and first place is Barclays.... that is, according to UK FOS  (Financial Ombudsman Service) and in relation to a 24% rise of civilian complaints about Banks, relative to savings, overdrafts, mortgages and insurance. Andrew Haldane, [...]