A pension fund and a Cambridge University college have come together to launch Cambridge & Counties Bank, which is targeting small and medium-sized enterprises (SMEs).
The Federation of Small Businesses (FSB) has called for the resignation of enterprise tsar Sir Alan Sugar following remarks he made about bank lending.
Tighter security terms. Higher borrowing costs. Personal guarantees as standard. But don’t worry, the banks are still ‘open for business’. Or are they?
