Business Banking


Access to Finance Stalls UK’s Business Competitiveness Score

Problems with getting access to finance has been cited as one of the main reasons that Britain’s position in the list of ‘best countries to do business in’ has fallen this year.
The World Economic Forum’s annual global competitive index was released recently and it documents how various countries around the world fare in terms of [...]

Would you like to start your own bank?

Over the last few years, the big banks have been taking a bashing from all sides yet have shown little change in their behavior and attitude.The Government is trying to encourage more competition in the banking industry and welcomes more challenger banks.
If we want more banks,  we need people to set them up.  So, how do you set [...]

Aldermore bank, raises £36 million to fund continued support for small businesses

Aldermore, one of Britain’s leading challenger banks and a participant in the government’s National Loan Guarantee Scheme, is pleased to announce that it has successfully raised £36 million of new capital.
The investment, (made by funds controlled by Centerbridge Partners, L.P., a leading private investment firm), strengthens Aldermore’s position as one of Britain’s most strongly capitalised [...]

Barclays Apprenticeship Programme offers 1,000 places for young people

One thousand young people in the UK with no prior work experience or qualifications are being offered their crucial first career opportunity from today.
Applications are now open for the Barclays Apprenticeship Programme offering 1,000 places for young people to build a career in banking. The first Barclays apprentices to join the £20m programme will start [...]

Summary of UK Chancellor’s Autumn Statement 2011

The Chancellor has today delivered his autumn statement to Parliament, alongside the publication of the Office for Budget Responsibility’s updated forecasts for growth and borrowing. He announced permanent reductions in spending to ensure that the UK meets its fiscal targets, using some of those savings in the short term to fund infrastructure investment to generate [...]

Barclays Extends Support Package to Some Businesses Whose Operations are Affected By Snow

Responding to the implications of the heavy recent snowfalls, Barclays Business is offering a financial support package to all of its affected business banking customers.
Travers Clarke-Walker, Director of Product and Marketing, Barclays Business, said: “Snow is impacting across the UK, making it impossible for some businesses to operate. We can take some of the worry [...]

Open Replies - How do I go about accepting credit card payments in the UK?

Question:
How do I go about accepting credit card payments in the UK?
Open Reply:
Here’s an article (about accepting cards over the net) which may be of interest:

http://www.startinbusiness.co.uk/features/nettrading_060201.htm

Its been a long time since I was looking for a provider so I may be a bit out of touch.
Most UK banks have a merchant services division.
Here are some [...]

How Barclays and Barclaycard are helping customers impacted by the volcanic eruptions

Barclays and Barclaycard are taking some additional measures to support their personal and business customers who are affected by the travel restrictions in place due to the cloud of volcanic ash moving across Europe.
Contacting Barclays
Barclays customers who are stranded abroad, have family stranded abroad or who may be affected by the volcanic eruptions should call [...]

Barclays Local Business responds to flood crisis

Responding to the implications of the recent flooding across areas of the UK, Barclays Local Business has today announced that it will be offering a financial support package to all of its affected business banking customers.*
The package will allow businesses time to recover from the immediate impact of the flooding, or to bridge the gap [...]

Oracle Buys Sun

Oracle Corporation (NASDAQ: ORCL) and Sun Microsystems (NASDAQ: JAVA) announced today they have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash. The transaction is valued at approximately $7.4 billion, or $5.6 billion net of Sun’s cash and debt.
“We expect this acquisition to be accretive [...]

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