Business Secretary announces £60m boost for UK community-scale renewable energy projects

Business Secretary announces £60m boost for UK community-scale renewable energy projects. Vince Cable, Business Secretary, visits UK Green Investment Bank headquarters in Edinburgh to announce a new source of finance for community-scale renewables projects across the UK. •New finance will fund up to 30 projects generating c.24 MW of new renewable energy, enough to power
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Bank of England Overview 2014

The Bank of England Overview 2014. Expansion in UK domestic demand has continued. But the outlook for global growth has weakened. Some asset and commodity prices have fallen, as have market interest rate expectations. Growth is projected to be a little weaker than in August. It slows slightly in the near term, settling back to
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House Prices Stay Positive

House prices stay positive, though a dip is always around the corner. The outlook for house prices remains positive, with several regions expecting price rises over next 12 months. House Price Sentiment Index indicates that average prices fell again. A decline in home values was reported by 17% of households, while 9.5% signaled that the
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Solar Power and Renewable Energy Finance

Solar power and renewable energy finance packages for businesses that are looking to improve their sustainability credentials or future-proof their energy supply. Companies that work in the farming industry can also benefit hugely from such finance, especially if their farms are off-grid and they have a problem accessing traditional power sources. Investing in renewable energy also
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Prime Minister: General Election Key For UK’s Economy

The Prime Minister has warned trade finance services that the UK will face economic chaos if it changes economic policy in May. David Cameron’s warning was laid out in his New Year message, ahead of the general election in May this year. Mr Cameron said the UK’s New Year resolution should be to “stick to
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UK Government’s Economic Plan For The North-West Revealed

Trade finance could be more forthcoming for businesses in the north-west of the UK following the government’s announcement that more jobs, investment in science and improvements in transport lie at the heart of the economic plan for the region. The six-point plan includes increasing the long-term growth rate of the area to at least that
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Bank of England Trends in Lending

B A N K O F E N G L A N D   Trends in Lending   October 2014   This quarterly publication presents the Bank of England’s assessment of the latest trends in   lending to the UK economy. It draws mainly on long-established official data sources, such   as the existing monetary
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December Sees ‘Steadying’ Of Economic Growth

An increasing number of businesses may try to access trade finance in the near future, as official figures have revealed that economic growth in the UK steadied in the three months leading up to December. According to the Confederation of British Industry (CBI), the pace of this growth overall remained above average and experts are
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Christmas Shopping Consumer Spending 2014

Christmas 2014: Christmas Shopping Consumer Spending, Recovering offline and online sales, purchases per household and sales per person on gifts. We expect Christmas 2014 in the UK to be better than last year with sales growth of 2.1% compared to last year’s eventual outturn of 0.9%. The improvements in the UK economy and an increase
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Trade finance – (Import and Export financial options)

Trade Finance Trade Finance (Import & Export Finance) In its simplest form it can fund a business’s supply chain when a traditional bank cannot. We take true risk through purchasing goods on the back of a purchase order without using the client’s balance sheet as security, unlike banks. It is often used for bringing finished goods
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