News
UK Government promotes national supply chain finance scheme.
www.finextra.com
[Finextra] - Christopher Shaw, Platform Black CEO, remarks that growing numbers of businesses are exploring alternative sources of finance, like invoice trading - in which suppliers borrow against unpaid invoices. "The Prime Minister's initiative is both a
Lack of lending down to banks
www.freshbusinessthinking.com
[Fresh Business Thinking] - "The research shows that on the business front line, there is a huge gulf between rhetoric and reality," said Platform Black CEO Christopher Shaw. "Many SMEs feel the banks' claims that they are open for business and willing to lend are sounding more
Bank of England reveals fall in SME lending
www.xlntelecom.co.uk
[XLN Telecom] - Loans to businesses shrank by £2.2 million in August, prompting Christopher Shaw, chief executive of alternative finance provider Platform Black, to tell owners to "Forget all talk of next week's Indian Summer. Bank lending to businesses is enduring a
Severe doubts over Bank of England's Funding for Lending Scheme ...
www.thisismoney.co.uk
[This is Money] - Christopher Shaw, chief executive of Platform Black, added that there is a 'serious disconnect between the Bank's money presses and British firms. 'Forget all talk of next week's Indian Summer. Bank lending to businesses is enduring a Nuclear Winter
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