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Lending Scheme Hits Three-Year High

Small and medium-sized enterprises (SMEs) are increasingly able to secure bank loans supported by a Government-backed scheme, as lending under the scheme reached its highest level since 2010. Enterprise Finance Guarantee (EFG) scheme lending figures, published today, show banks offered loans worth £111 million to SMEs in the third quarter of 2013, the most since […]

Lending Scheme Hits Three-Year High is a post from: Business UK

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Economic growth not encouraged by high inflation

Pretoria – Low interest rates and high inflation do not encourage economic growth, economist Chris Hart said on Tuesday. “Low interest rates in the developed world have become counter-productive…. Growth has to be funded. In South Africa where interest rates are at 5.5%, we cannot get growth going,” said Hart adding that inflation was too […]

Economic growth not encouraged by high inflation is a post from: South Africa Business

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