Bank Lending, High Growth Support, Late Payment and HMRC Tax Investigations- BFB Epsd 115

In the latest episode of the Business Finance Bulletin a look at the latest statistics from the Bank of England on how much money UK businesses are borrowing from banks. Once again it’s small businesses which are coming out on top.

There’s news of a partnership between Barclays Bank and the UK Business Angels Association with the announcement of mentorship and growth advice service for High Growth businesses based in Birmingham.

Efforts to tackle late payment have been high on the UK government’s agenda but in an ironic twist of fate the government is now late in launching a ‘name and shame’ programme promised as part of the Small Business Enterprise Act.

With HMRC looking for every penny it can lay its hands on we share a warning from accountancy firm UHY Hacker Young that small businesses are vulnerable to coming under HMRC scrutiny.

In the Business Finance Tip of the Week, a question you should ask your bank manager if they have said ‘no’ to your finance request.

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Stitcher or itunes channel.

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  • Further to your recent presentation at LEAD Wales just wanted to say it was very refreshing to see somebody talk passionately and positively about finance, very insightful!

    Kay Hyde | Hyde & Hyde Architects
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  • Rob kindly agreed to attend the recent Pontypridd RFC sponsors networking evening and delivered what can only be described as an excellent talk on 5 Tactics to Boost Your Business and Your Profits. He kept the audience engaged throughout and the feedback from everyone was excellent. Rob is very knowledgeable on business and finance and on top of that is a genuine nice guy. We hope to have him back at a future event and I have no hesitation in recommending Rob’s services.

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    Max Cooper of Manchester
  • Rob delivered a series of 3 workshops aimed at understanding how finance houses look at finance propositions with the aim for us as a team to deliver more of a bespoke offering to our customer base. The training was delivered to a mixture of staff who work with new businesses start-ups and existing established businesses across Mid & South West Wales. Rob delivered the training with an abundance of passion and has really helped my team look at financial propositions in a different light, many thanks again Rob and I look forward to work with you in the near future.

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