Business News 04 Mar 2013

Chancellor urged to improve access to finance for SMEs

Chancellor George Osborne must take steps to improve access to finance for small businesses, the Federation of Small Businesses (FSB) has urged.

With further details of the Government's new Business Bank expected to be announced in the forthcoming Budget, the FSB is urging the Chancellor to set out the role of the new institution in making finance accessible to small businesses, and to demonstrate how it will help to improve competition in the banking sector, as well as encouraging non-bank sources of finance.

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