The credit crunch has decimated the stock market, the property bubble and many companies as their credit has either got more expensive or retracted entirely.

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Nice to see that the ICAEW believes the economy, and more to the point the recession, is on the turn (click here). Up until very recently the media seemed determined to paint a worsening picture of the economy. You almost got the sense that they wanted it to deteriorate into some kind of natural disaster.

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According to the new research by the Asset Based Finance Association (ABFA), 56 per cent of SMEs aren’t aware of the amount of financial support available from the Government.

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Can financial services groups boost overall sales by bringing asset finance closer to other commercial lending? Continue Reading

The media is full of advice to banks and government on what to do about the recession. Most people agree that the banks should step up lending to credit worthy businesses so that economic growth can get under way.

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