After 18 months in the planning the government’s Bank Referral Scheme has been launched. In this episode of the Business Finance Bulletin we look at how the scheme is designed to improve small business access to finance.
Despite post-Brexit confidence remaining relatively high we take a look at the latest statistics from the Insolvency Service, which reveals an up-tick in the number of businesses going down the insolvency route.
On a more positive note we close the Bulletin looking at news from the Bank of England that bank lending to small businesses continues to rise. We also share news from Crowdcube on how they are supporting a record number of businesses looking to raise finance by selling equity.