September 20, 2010
Survey finds credit availability has not improved
Story link: Survey finds credit availability has not improved
A survey by the EEF engineering group has discovered that British companies are still struggling to obtain credit. According to the manufacturers’ organisation, credit is more expensive today than two months ago. The claim comes despite calls from the Government and business leaders to increase lending to businesses. http://www.financemarkets.co.uk/2010/09/20/survey-finds-credit-availability-has-not-improved/
August 15, 2010
Research shows 1.2m taking out payday loan each year
Story link: Research shows 1.2m taking out payday loan each year
According to research by watchdog Consumer Focus, the number of people taking out a payday loan has quadrupled in the last 4 years. The consumer group said 1.2 million people are now taking out a payday loan every year – borrowing more than £1 billion. Payday loans are becoming more popular and are seen as [...]
February 23, 2009
Car industry needs more loans
Story link: Car industry needs more loans
While it does seem that money is being injected into the car industry left, right and centre, it does not seem like the money is in big enough volume to deal with the current financial struggle that most companies within the motor industry have found themselves in. Union leaders continue to defend the [...]
