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Financing a private sector recovery

Open date: 26 Jul 2010

Closing date: 20 Sep 2010

Response date: 01 Nov 2010

The Government recognises that access to finance is critical for businesses to survive and grow and that small and medium-sized companies face particular challenges. The current system is not adequately delivering finance to small, growing businesses that are vital to the future of the economy.

The Business Secretary and the Chancellor want to work with business and the financial community to ensure that access to finance is not a barrier for companies looking to invest and boost the growth of the economy.

The paper, Financing a Private Sector Recovery, sets out the range of finance options for different sized businesses, explores where the market is failing to provide and if there is a role for government intervention. It launches an intensive discussion on how business and the government can work together to produce a diverse, competitive and sustainable financial environment.

See The Independent Banking Commission website and Issues Paper (PDF, 736 KB) for background information.

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Help cut red tape in business services

As part of government’s Red Tape Challenge, businesses and the public are invited to identify ways that ineffective, burdensome or unnecessary regulation affects growth in the business-to-business services sector.

Have your say at the Red Tape Challenge website