Posted by Ewan McClymont on 05/04/2012
The Export Enterprise Finance Guarantee (Ex-EFG) scheme facilitates the provision of commercial export finance facilities where viable SMEs lack the security necessary to obtain them. As a loan guarantee scheme it operates in a similar way to the Enterprise Finance Guarantee (EFG) initiative whereby the Government provides the lending bank with 60% guarantee for each individual facility. The borrower pays an up-front 3% per annum ...
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Posted by Ewan McClymont on 05/04/2012
Launched in February 2012 and available to March 2013, the Apprenticeship Grant for Employers of 16-24 year olds (AGE) is aimed at helping eligible employers to offer young people employment through the Apprenticeship programme.
The National Apprenticeship Service will provide 40,000 Apprenticeship Grants of up to £1,500 for 16-24 year olds employed as new apprentices. The £1,500 is ...
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Posted by Ewan McClymont on 05/04/2012
The Rural Economy Grant (REG) has just been launched in response to Defra's Rural Economy Growth Review, which identified that large grants are needed in key business sectors to unlock significant rural economic growth potential.
REG can provide grants to enable significant 'game-changing' transformational performance in farm, forestry, tourism, agri-food and micro businesses in rural areas in England. Project applications will need to demonstrate that ...
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Posted by Ewan McClymont on 05/04/2012
The Regional Growth Fund (RGF) is a £2.4bn scheme, created by Central Government to support private and public sector projects in England that can deliver significant job creation, particularly in areas highly dependant on public sector employment. Overall, the Government is looking to leverage as much private sector investment as it can whilst stimulating innovation in approach.
The RGF is a 'challenge fund' and ...
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Posted by Robert Bailey on 28/03/2012
The precise rules of the "pasty tax" are detailed in a consultation document called "VAT: Addressing Borderline Anomalies" and the Chancellor referred in his budget to the various VAT measures that he was introducing as closing loopholes and addressing anomalies.
What he has done, possibly due to he and his Treasury officials colleagues lacking a knowledge of GCSE physics, is to create the anomaly ...
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