The British Chambers of Commerce (BCC) has published a paper setting out the detailed case for the establishment of a state-backed British Business Bank.
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The British Chambers of Commerce (BCC) has published a paper setting out the detailed case for the establishment of a state-backed British Business Bank.
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Commenting on the opening of the Funding for Lending Scheme (FLS), John Longworth, Director General of the British Chambers of Commerce (BCC), said:
“We hope that the Funding for Lending scheme will incentivise banks to lend and address some of the problems faced by businesses in accessing finance. We’re pleased to see a more imaginative approach to providing cheaper lending to businesses and it is a welcome step forward.
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Economic developments in the eurozone is top of the list of issues businessowners believe will affect their firm this year and next, according to a poll of almost 2,000 firms released today by the British Chambers of Commerce (BCC). Over half (52%) of firms believe that the eurozone crisis will have a significant influence on their business in 2012 and 2013, followed closely by cuts to UK public sector budgets (46% of businesses), and access to finance (42% of businesses).
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Commenting on reports that the government’s consultation on aviation capacity will be delayed, Cheryl Smart MBE, Chief Executive of Bedfordshire Chamber of Commerce said:
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Commenting on the announcement of new guarantee schemes to kick-start infrastructure projects and support exports,Cheryl Smart MBE, Chief Executive of Bedfordshire Chamber of Commerce said:
