Research indicates that Britons are in the dark about the funding options available. According to new research by Crowdfinders, UK entrepreneurs turn to their personal savings, friends/families and banks first. This is despite the fact that many (64%) believe that its a dead end. Crowdfinders… Read More
British Chancellor of the Exchequer Philip Hammond delivered the annual autumn statement late last month and underlined the UK’s numerous economic weaknesses that the Brexit vote only enunciated. As Brexit negotiations continue between now and 2019, Britain will have to tackle its poor productivity record, particularly… Read More
The Enterprise Investment Scheme Association (EISA) was created to advocate on behalf of the small companies that greatly benefit from the progressive tax benefits given to investors in UK SMEs. EISA works closely with HM Treasury, HM Revenue and Customs, Government Ministers, MPs and the… Read More
The Chancellor of the Exchequer’s Autumn Statement contained various boosts to business including acknowledgment of the importance of early stage companies for the UK economy. Chancellor Philip Hammond stated; “By injecting an additional £400m into venture capital funds through the British Business Bank, unlocking £1… Read More
Lawrence Wintermeyer, CEO of Innovate Finance, welcomed Chancellor of the Exchequer, Philip Hammond’s Autumn Statement delivered to Parliament today. Wintermeyer said he was “pleased to see a focus on investment, productivity, and digital innovation”. Innovate Finance had called for the UK government to advance on… Read More
The NS&I Investment bond as described in the Autumn Statement was created to provide savers with a higher rate of return. The indicative rate is 2.2% but the rate may be adjusted according to market conditions when it is launched in the spring of 2017. The… Read More
Chancellor of the Exchequer Philip Hammond delivered the annual Autumn Statement designed to deal with Brexit repercussions while announcing that in the future only a single major fiscal presentation will be delivered. HM Treasury will move to a single fiscal event will be made after the… Read More
Alongside the Chancellor’s Autumn Statement, there were several associated releases published by the Exchequer’s office. Louise Beaumont, Head of Public Affairs at GLI Finance and a frequent commenter on policy issues regarding SME’s and the economy, has shared some thoughts regarding specific announcements presented by… Read More
Chancellor of the Exchequer George Osborne gave a rousing speech highlighting the government’s success and pinpointing areas for economic improvement today in his annual trip to Parliament. The Autumn Statement delivered by Osborne can certainly be viewed as a success once you compare the UK economy… Read More
Chancellor of the Exchequer George Osborne delivered his Autumn statement to parliament today and the winding speech had something for everyone. In a largely upbeat report, Osborne highlighted the many positives about the UK economy since the current leaders moved in to Number 10 Downing… Read More
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