The Chancellor, George Osborne, is set to announce in the weeks to come that the Government will extend the Funding for Lending Scheme (FLS) beyond its current end date.
Posted in Government Funding | Leave a commentThe first phase of the Government’s long-anticipated business bank was launched yesterday (April 10th) with the announcement of an investment of £300m, aimed at boosting smaller businesses struggling to get finance.
Posted in Government Funding | Leave a commentNew research has shown that lending under the Government’s Enterprise Finance Guarantee Scheme (EFG), which is aimed at helping small businesses access funds, has fallen to a record low.
Posted in Government Funding | Leave a commentAs new figures show that the Bank of England’s Funding for Lending Scheme (FLS) caused an unexpected surge in mortgage loans, the Treasury Select Committee has hit out at the scheme for a “bias” towards mortgages rather than business lending.
Posted in Government Funding | Leave a commentAccording to the newest member of the Bank of England’s Monetary Policy Committee (MPC), the Bank’s quantitative easing programme (QE) is no longer as effective as it was and could have “inflationary consequences” if extended.
Posted in Government Funding | Leave a comment