Thursday 23 May 2013
One in four smaller building firms have missed out on contracts after being unable to secure funding, according to a new report.
The Federation of Master Builders said a survey of 1,000 firms suggested that banks and building societies were "actively discriminating" against construction companies.
Public sector borrowing dipped to £6.3bn in April to give the Government breathing space in attempts to slash the deficit.
The UK's manufacturers are still struggling to recover from the economic downturn but remain hopeful about prospects improving soon, figures have shown.
The German IT firm SAP wants to employ people with autism to give itself a competitive advantage over its rivals.
THE International Monetary Fund warned Chancellor George Osborne the UK is "still a long way from a strong and sustainable recovery", sending the pound tumbling against the dollar.
Warning: HSBC chief economist Simon Wells
THE UK's state-backed banks will not have to tap investors for extra cash as they attempt to shore up their balance sheets in case of future financial shocks.
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