Finance

HMRC insists no change to T2P scheme, but numbers show falling take-up
HMRC has insisted that there are no changes to the way it assesses applications for Time To Pay agreements, despite plummeting numbers and values.

EC to investigate Royal Mail restructure
The European Commission has opened an investigation into the UK government's plans to restructure Royal Mail.

Loan scheme launched to boost green equipment investments
A 550m scheme to provide manufacturers with finance for environmentally friendly equipment has been launched by the Carbon Trust and Siemens.

SPD thanks supplier and customer support for continued trading
The administrator for Smith Print Design (SPD) has said it has been possible to trade the company in administration because of customer and supplier support.

Polestar publishes details of Sun acquisition
Polestar UK Print has published its accounts for the year ended 30 September 2010, revealing financial details of its acquisition by Sun European Capital Partners.
Struggling packaging firms offered lifeline with cashflow loan launch
Recovery and restructuring firm Leonard Curtis has launched Oxygen, a cashflow finance product that aims to help struggling packaging firms avoid insolvency by relieving short-term financial...

IOAA unveils Standard Operating Procedure at OAC 2011
Noomi Mehta, chairman of Indian Outdoor Advertising Association (IOAA) unveiled the Standard Operating Procedure (SOP) to meet new rules for service tax in outdoor business.

Limited uptake for bank lending appeals process
Business secretary Vince Cable has called on Britain's banks to raise the profile of the lending complaints system after it emerged that fewer than 100 small businesses had used the appeals process.
Sun European Partners refinances Britton Flexibles deal
Investec Growth and Acquisition Finance has provided a 65m senior debt facility to replace the bridging finance provided by an affiliate of Sun European Partners in its recent acquisition of Britton...
Banks miss SME lending targets claiming lack of demand for finance
Banks under the government's Merlin agreement have cited weak demand behind a shortfall in lending to small businesses of more than 2bn.