Tag Archives: small business bank accounts

High street banks do their best to annoy & betray customers

High street was at it again this week, as new reports have been rolling in that major banking institutions seem to be going out of their way to not just annoy their customers but also flat-out betray them as well – but what else is new?

No good news for savers or small business owners looking for finance

It’s bad news all over this week, as small business owners looking for finance and personal banking customers trying to make their savings pots grow are both hung out to dry by the UK banking industry yet again.

Less than one in 10 get a small business loan, survey says

Just when you thought it was safe to go back into your high street branch: a new survey says that less than one in 10 SMEs looking for finance at their bank or building society actually walk out with a business loan.

Barclays in hot water for interest rate swaps

One major provider of small business bank accounts has found itself in hot water after it was discovered that the bank had been instructing its staff to meet controversial interest rate swap sales targets, one former bank manager revealed.

UK circling the drain in business bank account lending

When it comes to offering credit to businesses – especially small business bank accounts – the UK has been circling the drain in the years following Lehman Brothers’ collapse in 2008, new research recently found.

Small business bank accounts not getting enough business loans

According to new data recently unveiled by the Bank of England, small business bank accounts are still not getting the business loans they need, even though High Street banks have agreed to do so under the Government’s ‘Project Merlin’ scheme.

BoE: Project Merlin business loan targets for 2011 on track

According to recent figures released by the Bank of England, Project Merlin business loan targets are on track for the year after in excess of £20 billion filled small business bank accounts this past quarter.

FSB: Small business bank accounts need help to get finance

The Federation of Small Businesses have recently said that small business bank accounts need aid from the Independent Commission on Banking to gain better access to venture capital.