SME NewsPOSTS TAGGED ‘credit crunch’
Internet retail sales strong in March 2009
Online retail sales continue to grow, although not quite as quickly as earlier in the year.
CBI crystal ball predictably gloomy on UK economic outlook
Sharp decline in economic activity, high unemployment and recession to continue throughout 2009, with little or no growth anticipated in 2010.
Credit crunch still a problem for cash-strapped SMEs
UK SMEs cut staff and output as a direct result of a worsening credit crunch according to the latest CBI report.
Small business loan support scheme unveiled by Mandelson
£10 billion working capital scheme to support short term loans to small and medium sized businesses brought in to protect viable firms from worsening recession.
Business failure up as more firms go bust
All sectors and all regions suffer as more UK firms go bust.
Bank pressure pays off – HSBC adds £1 billion credit for SMEs
HSBC adds £1 billion new credit to ease working capital for UK small businesses.
Small businesses say government needs to do more
Cmypitch.com survey highlights small business dissatisfaction with government action.
Banks called to lend to small businesses as part of war on recession
Mandelson calls on banks to make lending available to UK SMEs as small business support measures become a focus in the war on recession.
Shoppers hit the high street despite credit crunch
September sees one last impulse buy on the high street from shoppers as retailers prepare for tough times.
Current Inflation Rate – CPI record leap in July 08
CPI at 4.4% – the biggest single jump in Consumer Price Index since records began.
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