There is a healthy dose of scepticism among finance directors that the deal between the government and the UK’s biggest banks, dubbed Project Merlin, will produce the dose of magic needed to kickstart lending to the businesses that need it most. We look at what FDs can do to improve their chances of gaining access to credit.
Meanwhile, various government initiatives – both new and old – have been designed to provide funding for growing businesses. We ask if reforms to the Enterprise Investment Scheme will succeed and receive a passionate defence of the Enterprise Finance Guarantee by one of its creators.
The nation's newspapers give their verdict on the result of the EU referendum
Administrators Duff & Phelps confirmed that although multiple offers for BHS were received, attempts at a rescue deal collapsed
Paul Budge, Arcadia Group’s finance director, was told that BHS buyers had no retail experience
MP urges the FRC to investigate those involved with sale of BHS prior to its collapse into administration