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.
As BHS was placed into administration in the most significant high street insolvency since Woolworths, Financial Director takes a look at the factors that led to its collapse.
UK HIgh Street suffers second casualty in 24 hours as Austin Reed follows BHS into administration
Former BHS owner Philip Green has been criticised by MPs over the collapse of the retailer
BHS owners suggest Duff & Phelps managing director Phil Duffy has been appointed as administrator