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Defence Minister outlines expanded mental health provision for Armed Forces and veterans READ MORE HERE: https://www.gov.uk/government/news/defence-minister-outlines-expanded-mental-health-provision-for-armed-forces-and-veterans -
Government outlines next steps to make the UK the safest place to be online READ MORE HERE: https://www.gov.uk/government/news/government-outlines-next-steps-to-make-the-uk-the-safest-place-to-be-online
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Vince Cable has set out plans for a state bank that will bring billions of pounds of aid together in a “one stop shop” to help credit starved small businesses secure finance and address an over-reliance on high street banks. The Business Bank will manage £2.9bn worth of existing Government debt and equity schemes designed to ease access to finance, and deploy a further £1bn to boost areas such as non-bank lending channels, the business secretary said. “Inadequate access to finance for small and medium sized enterprises is one of the biggest risks to economic recovery. We need bold action to fix what has always been a weakness of the UK economy, and since the financial crisis, [it] has become an urgent problem,” he said. “By bringing together management, budgets, spending authorities and the power to alter or create new schemes into one place this Government will be providing a more coherent and comprehensive package of support for businesses.” The organisation will not directly lend to small businesses but will give advice on suitable facilities and schemes as well as providing cheap wholesale finance for alternative lenders and so called 'challenger banks’. It will also attempt to develop “new long-term growth finance products”. More: http://www.telegraph.co.uk/finance/yourbusiness/9946942/Vince-Cable-outlines-plans-for-Business-Bank.html
