Category Archives: Media Comment

The Bank of England Credit Conditions Survey: media comment

Commenting on the latest Bank of England Credit Conditions Survey, Louise Beaumont, Head of Public Affairs & Marketing at GLI Finance said: “The latest data from the Bank of England clearly reveals that whilst demand for lending from small businesses increased, the overall availability of credit to the corporate sector has remained unchanged. The structural […]

ONS Productivity Output Figures: media comment

Commenting on the latest ONS productivity output figures, Louise Beaumont, Head of Public Affairs & Marketing at GLI Finance said:  “Today’s figures have once again put the UK’s struggling productivity output in the spotlight and in the post-Brexit climate of heightened uncertainty, effectively addressing such low levels of productivity has never been more critical.   “One […]

Competition & Markets Authority investigation into retail banking: media comment

Commenting on Competition & Markets Authority investigation into retail banking, Louise Beaumont, Head of Public Affairs & Marketing at GLI Finance said: “Banking comparison services have the potential to help SMEs unlock access to finance and ultimately grow. Existing options available to SMEs are limited when it comes to making comparisons – and banking is behind […]

Budget 2016 announcement: media comment

Commenting on Budget 2016 announcement that Funding Options has been recommended for designation for the Bank Referral Scheme, Louise Beaumont, Head of Public Affairs & Marketing at GLI Finance said: “We are delighted that our investee Funding Options has been recommended by the British Business Bank to go forward for designation by HM Treasury for […]

Funding for Lending Scheme latest figures: media comment

Commenting on the extension of the Funding for Lending Scheme, Louise Beaumont, Head of Public Affairs & Marketing at GLI Finance said: “The latest figures released today by the Bank of England illustrate that it is clear SMEs still need more support in getting the access to finance that they need to grow. The modest increase […]

Bank of England figures: media comment

Commenting on the latest Bank of England figures Dr Louise Beaumont, Head of Marketing & Public Affairs at GLI Finance said: “Although today’s figures from the Bank of England highlight a modest overall increase in lending to SMEs over the last 12 months, the figures mask the longer term problems that SMEs have faced. Since […]

BBA High Street Banking Statistics: media comment

Commenting on the latest BBA High Street Banking Statistics, Louise Beaumont, Head of Public Affairs at GLI Finance said: The latest figures from the BBA show that borrowing increased in January after a lacklustre December. While this is welcome news, this does not mask the fact that SMEs still continue to face significant challenges in accessing […]

Lord Adair Turner “The losses which will emerge from peer-to-peer lending over the next five to 10 years will make the bankers look like lending geniuses”: media comment

Commenting, Dr Louise Beaumont, Head of Public Affairs at GLI Finance said: “The alternative finance industry has played a vital role in delivering finance crucial to SMEs through a period when traditional banks left their long-suffering customers out to dry. The dual forces of market retrenchment and the slashing of existing credit facilities put the […]