Taxation is very much in the news at the moment! The so-called Panama Papers scandal has – via leaked documents – revealed years of money laundering, sanction dodging and tax evasion by rich and powerful clients of one of the world’s most secretive companies, a Panamanian law firm called Mossack Fonseca. Clients include current and […]
A budget that backs businesses?
So now the dust has settled on the March budget, what impact – if any – will it have on small businesses? Hailed by George Osborne as his long term economic plan, he described it as “‘a budget that backs businesses’”. The full measures are outlined on the Gov UK website but let’s take a […]
Just pop into the branch
Do you sometimes wonder if banks are on the same planet as the rest of us?! Small business owners work every hour they can and yet when they need to do essential banking that requires a visit to a branch the hours are usually 9:00-17:00! Yet recent research by Funding Xchange has found that 42% […]
Can’t pay won’t pay?
If you are a small business owner you will be only too aware of the impact of unpaid invoices. If a payment is late it adversely affects your cashflow and therefore small business funding. The worst case scenario is that a vulnerable business could go under if its creditors do not pay when payment is […]
Brexit – Part 2
In our last article we explored opinions on both sides of the Brexit camp over the five key areas of: The UK Economy; Trading Opportunities; The UK job market; Job Opportunities in Europe; The Impact on Large Businesses. In this article we return to the main area of concern to us at Fair Business Loans; […]
Brexit – Part 1
The term “Brexit” has recently become part of our everyday language. It is a combination of the words “Britain” and “Exit” and has become an easy way to refer to the forthcoming decision on whether Britain should exit the European Union (EU). In this two part article we here at Fair Business Loans examine some […]
I will survive!
As we saw in our last article, more than half of new businesses don’t survive beyond five years. In late 2014 British commercial insurer RSA conducted research called Growing Pains, which examined the current shape of the economy and barriers to growth for SMEs. But it’s not just start up businesses that are being adversely […]
The business of numbers
“Lies, damned lies, and statistics“, a quote attributed to Mark Twain, pretty much sums up the view of many people about statistics. We can become cynical about the persuasive use of numbers, because it can seem that they are just spinned different ways to support whichever point of view is being presented at the time. […]
HSBC stays in London – why does it matter?
As you may well be aware HSBC – Europe’s biggest bank – has recently announced that it plans to keep its headquarters in London. Since April 2015, the bank had been considering relocating its headquarters to Hong Kong but has now decided unanimously against the move. We thought it would be interesting to take a […]
Hired or Fired?
As it reaches its final stages, fans of The Apprentice are now deeply divided as to who should become Lord Sugar’s next business partner. At Fair Business Loans – as our name implies – we do strive to be impartial, but thought it would be useful to highlight some of the lessons learned from the […]