Industry experts say that if you’re planning to set up a new business, one of the first things you’ll need to do is to open a business bank account, and while many simply use their personal banking provider, it’s important to compare business bank accounts before simply blindly going forward.
Metro Bank has promising first month by all accounts
New high street entrant Metro Bank has completed its first month in operation with customers lining up at its inaugural Holborn branch, reports say, leading to expectations that its entry into the retail banking sector in Britain will be quite successful.
New rise in small business bank accounts, says Wilkins Kennedy
After two years of precipitous drops in growth, Wilkins Kennedy states that more small business bank accounts are starting to rise again. According to the top chartered accountancy firm, Companies House reported a huge surge in the number of new small business registering with them.
One in three small business bank account owners struggle to secure loans
One out of every three small business bank account owners have been struggling to secure financing from their bank due to high business loan fees, high collateral rates, and high interest rates, according to a report recently released by the Institute of Directors.
Osbourne eliminates support for small business bank account start-ups
There is mounting concern that the government’s propsed regional development agencies’ reforms is simply a smoke-screen for the removal of support and funding much needed by new small business bank account holders in the UK.