Reflections on the changing funding world

Posted on Posted in Asset based finance, Banks, Bibby Financial Services, Blog, Chancellor of the Exchequer, Crowdfunding, David Postings, Economic growth, Invoice finance, Leasing, News, Non-bank lending, P2P lending, Regulation, SMEs

Some onlookers thought that 2015 would be the year when we might be able to move on from the fallout of the financial crisis, with UK banks finally forgiven for their past misdemeanours. There were positive murmurs from the Government and a clear desire to get on with the vital work of restoring trust and confidence in the financial services sector. Indeed, in his June Mansion House speech, Chancellor George Osborne spoke about the UK […]

The Government should avoid chasing start-up numbers and nurture aspiring businesses

Posted on Posted in Bibby Financial Services, David Postings, SMEs, Start-ups

According to the Department for Business Innovation and Skills there were 5.2 million private sector businesses at the start of 2014. This reflected a record annual increase of 330,000 businesses and the first time the business population exceeded 5 million. The political and business landscape is awash with calls of support for aspiring entrepreneurs and StartUpBritain – a Government backed initiative to “accelerate enterprise in the UK” – aims to create 600,000 new start-ups this […]

Welsh development bank hoped to ease funding crisis

Posted on Posted in Bibby Financial Services, Blog, David Postings

In Wales this week, the BBC reported that a development bank for businesses had been recommended to help the Welsh economy continue to grow. Dylan Jones-Evans, professor of entrepreneurship at the University of the West of England in Bristol produced a report which concluded that a development bank would ease what he described as a ‘market failure’ in available finance. One of Professor Dylan Jones-Evans previous reports found that there was a gap of £500m […]

David Postings looks at Bibby Financial Services reports and studies

Posted on Posted in Bibby Financial Services, David Postings

My team at Bibby Financial Services continuously monitor the market to enable us to better service our customers. We often use the market insight gathered to produce regional or sectorial reports and our latest two reports are available on this blog. SME Sentiment Scotland I’ve blogged before about funding Scotland’s thriving SME sector, and prior to September’s referendum my team produced the SME Sentiment Scotland report, which was a look at the country’s small and […]

Bibby Financial Services in the Guardian Small Business Network

Posted on Posted in Bibby Financial Services, Blog, David Postings, News

Research conducted by the Bibby Financial Services marketing team featured on the Guardian Small Business Network (GSBN) earlier this month. The article points towards recent statistics from the Bank of England’s Funding for Lending Scheme (FLS), reiterating what many small business owners experience: that businesses are not getting the financial support they need from the banks. One in three SMEs looking for alternatives The GSBN included figures from our own research showing that one in […]