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The United Kingdom has experienced an extremely slow recovery from the recession, at least partly because small and medium-sized enterprises (SMEs) are struggling mightily.While there are a number of contributing factors, banks' reluctance to lend to SMEs certainly ranks near the top of the list. A recent study from the National Institute of Econom... [More]

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The Bank of England seems to have in its mind that the best and only way to boost small and medium-sized enterprise (SME) lending is through financial institutions. What the organization appears to be missing, however, is how beneficial it would be if both banking and alternative short term lending were readily available to SMEs.The United States' ... [More]

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Vince Cable, business secretary of the Bank of England, doesn't seem ready to give up on the Funding for Lending Scheme. Even though it's failed to make any measurable difference for small and medium-sized enterprises (SMEs) since it was launched in June 2011, the BoE is planning to shell out even more to banks to spark the United Kingdom's private... [More]

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Glynoch Community Regeneration, a group of residents in a small town in Wales, was having a hard time securing the £790,000 it needed to build a new community center. The organization had received 94 percent of the necessary funding from the government and other local agencies, but it couldn't quite make that last push.Part of the problem for... [More]

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Small and medium-sized enterprise (SME) owners in the United Kingdom might be slowly regaining their confidence, but British banks have had very little to do with that. A recent Bank of England study revealed that since the launch of the Funding for Lending Scheme (FLS), larger firms are having an easier time securing funding from banks, The Wall S... [More]

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