News

In releasing his consultation paper today, designed to encourage banks to lend more to business, Business Secretary Vince Cable is missing the point, according to the London Chamber of Commerce: businesses are not in the mood to borrow.
Read More...

In response to the FSA's consultation paper on responsible lending, the Council of Mortgage Lenders emphasises that the mortgage industry recognises the inevitability of regulatory change - but points out that there may also be unwelcome side effects for consumers from this process.
Read more...

The Government has put the UK's ability to attract and retain inward investment at the heart of its economic recovery plans, Prime Minister David Cameron said today. The Prime Minister was speaking at the UK Trade & Investment Business Summit to over 100 of the UK's leading investors, including representatives of Hutchison Whampoa, Motorola, Tata Group, Toyota, Siemens, Emirates, Fujitsu and Pfizer.
Read more...

Bacs Payment Schemes Limited (Bacs), the organisation behind Direct Debit and Bacs Direct Credit, has announced a working partnership with the Institute of Credit Management (ICM) to drive further awareness of the Prompt Payment Code and promote the importance of paying on time, across the whole business community.