Tag: banks

  • Loans or Investment for Technology Businesses

    “We’re short of money, let’s get a loan or investment.” This is the sort of thinking that leads businesses to a dark place. The reality is that the funding of technology businesses, like most other businesses, requires a bit of work. Here’s my checklist. If you can genuinely say you’ve achieved or got all of…

    investment or loan agreement to be signed
  • UK Bank Holidays Cancelled

    We have Bank Holidays in the UK. They are called this because they were weekdays when the banks closed. Most people used to have the day off, and most shops were closed. Today, Bank Holidays are shopping days, with most retailers open for trade. And now, UK retail banks are starting to open their doors…

    Bank Holiday Monday
  • Surprise new: businesses ‘lack trust’ in banks

    I’m really not quite sure how this made headline news today but… Businesses’ trust in banks and other financial institutions is falling, according to a survey from the British Chambers of Commerce (BCC). Half of the 1,560 businesses questioned said they mistrust banks and building societies, while 38% said they trust them less than a…

  • Cheques: Payments Council to be curbed

    The government is punishing the Payments Council for trying to phase out cheques, but failing to come up with an alternative.The Council will lose its power to govern the payments systems for UK banks, under new proposals.The government wants to hand the Councils powers to a new body overseen by the new Financial Conduct Authority.The…