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Business Connections

Small Talk: The Chancellor has given exporters his backing. But is it a lack of funding that has stopped firms selling overseas, or a lack of nerve?

Do Britain’s small firms share the ambition of the Chancellor for exports? George Osborne set Britain a target in the Budget: he wants to get 100,000 more British businesses exporting by 2020 and he’s putting his money where his mouth is – in particular, with a doubling of the funds that UK Trade and Investment (UKTI) can use to support overseas sales through loans to purchasers of UK goods (plus these loans will now be cheaper).

Market Report: Glencore is close to selling Las Bambas copper mine to the Chinese

Glencore Xstrata is close to selling a major Peruvian mine to the Chinese, with shareholders expecting a significant windfall.

Small Talk: The big banks, far from helping small businesses, are blocking their attempts to find finance

The Office of Fair Trading may not have put it in quite these terms, but its latest pronouncement on the big banks’ attitude to small businesses effectively accuses them of behaving like the nasty boy who says “it’s my ball and you’re not playing”.

Small Talk: Britain can learn a lot from Canada in the global race to woo the entrepreneurs vital to creating jobs

If you took a drive last year out of San Francisco down Highway 101 towards Silicon Valley, you would have sped past a giant billboard emblazoned with a huge red maple leaf. Its sales pitch, “H-1B Problems? Pivot to Canada”, was an appeal to international entrepreneurs who have moved to Silicon Valley but run into problems with the US’s H-1B visa programme for high-skilled workers.

Online gambling operator 888.com is a client of XL Media, which specialises in driving internet users to its site

Small Talk: Trailblazer Legal & General is helping SMEs find an alternative to bank debt in tough times

Pension funds and insurance companies need a very particular type of investment in order to run their businesses.

Market Report: It is hard to imagine what could prevent a test of the Footsie all-time highs

Mergers and takeover excitement on Wall Street pushed stocks up stateside helping the Footsie to a 14‑year high yesterday.

Small Talk: Long after the news cameras and politicians have moved on from the flood-hit areas many small businesses will still need help

For now, small businesses affected by flooding are getting plenty of help. A £10m scheme unveiled by the Government last week follows previous announcements of official support, ranging from business rates relief to extensions of the deadlines that normally apply for filing company accounts.

Small Talk: Memo to satirists of sexism - that joke isn’t funny. Consciously or unconsciously, female entrepreneurs are still being held back

Terry Simmonds of the UK Small Business Directory says he was misunderstood. He insists a recent online post was a spoof inspired by a conversation he’d had with another male website entrepreneur rather prone to sexism – and not the insult to female businesswomen it was widely interpreted as being.

Small Talk: The Prompt Payment Code is proving a case of too little, too late as large companies continue to play for time in settling invoices

New year, same old story. Despite endless government promises to crack down on late payments, it looks as if many small businesses will spend a good part of 2014 chasing larger businesses for money they are owed.

David Prosser: EU cash on the Horizon for innovators

The wheels of the European Commission sometimes grind slowly, but the Horizon 2020 project seems set to deliver valuable benefits to innovative small businesses in the technology and manufacturing sectors.

David Prosser: German lessons for British firms

Britain’s failure to build sufficient numbers of mid-sized businesses capable of matching Germany’s famous Mittelstand companies has been a long-held frustration for policymakers of all persuasions – it’s encouraging, therefore, to see them doing something about it.

David Prosser: The booming FinTech 50 businesses are exploring the use of new technologies – and many are British

Has Britain found its niche in the dotcom 2.0 boom? The growing number of financial technology businesses that are based in the UK but successful in the global marketplace suggests it just might have done – and rightly so, given its importance as a financial services hub.

SMEs ‘still not getting help’ on loan schemes

Lawrence Tomlinson’s report on RBS lending found there was evidence it had let some small businesses default

Small Talk: We need venture capitalists or a brave Business Bank to put up the money if Britain wants to have a Twitter of its very own

Last week’s Twitter IPO is yet another reminder that Britain isn’t producing technology businesses that are capable of reaching the same dizzying heights as the social media giants of California.

Small Talk: RBS let companies down on lending but so did most banks

The biggest lie is that lending at the bank disappointed as small firms didn’t want to borrow

News
The economic world is changing rapidly and we need to shift our focus from income to assets says Ben Chu
News
Rupert Murdoch, right, has brought eldest son Lachlan, left, back into the leadership of his media empire
Rupert Murdoch's eldest boy is now News Corp heir apparent , James is promoted, despite the hacking scandal, but where is Elizabeth? Ian Burrell reports
News
It's time to embrace entrepreneurial spirit if we want to compete on world stage, says Chris Blackhurst
News
Higher debt and often uneconomic projects financed has led to concern whether that debt can be serviced, says Satyajit Das
Voices
George Osborne described the changes as 'the most far-reaching reform to the taxation of pensions since the regime was introduced in 1921'
Thankfully, better things are happening at the Bank of England, says David Blanchflower
News
Recruiting 60,000 user authors shows LinkedIn means business in the publishing world, says co-founder Allen Blue
News
Lord Wolfson cast more doubts over the strength of the UK’s recovery yesterday, 24 hours after George Osborne promised a
Budget for investment and savers
As Mulberry's chief became the latest shopkeeper to fall on his sword amid profit warnings, survivors tell Alex Lawson how they beat the stress
News
‘War Horse’, a book, play and film, is an example of the work that has helped to put Britain in the vanguard of the global creative sector
Creative industries have been one of the economy's fastest-growing sectors. But we must temper our exuberance with realism about the rise of competitors, says Gideon Spanier
News
Buy-to-let landlords snap up property, shutting younger buyers out of the housing market
'Ghost gazumping' and other estate agent tricks are inflating house prices – but lack of new homes is root of the problem, says Chris Blackhurst
News
Martin Wheatley says the disregard of ethics in the industry was ‘shocking’
Watchdog head Martin Wheatley says banking culture reforms will take time, says James Ashton
News
Fine diner: Barry Gibbons

Lancashire lad Barry Gibbons became the unlikely boss of Burger King in the US . It taught him a thing or two about corporate culture

News
After the Sydney meeting, it did not take long for the feigned unanimity among G20 members to disappear, says Satyajit Das
News
Lord Allen is known for running tight ships and cutting expenditures
Juggling roles that range from Global Radio to Goldman Sachs, Lord Allen tells Chris Blackhurst why the City has nothing to fear from Red Ed
Voices
They should be taxed and the money used to help our struggling young people, says David Blanchflower
News
News
Crucially, they failed to confront the fragility of many emerging markets, says Satyajit Das
News
Ray Kelvin has built up his global £1bn Ted Baker brand without becoming a household name. As he tells Simon Neville , that's just the way he likes it
News
Boss class: Beyoncé supports the ‘ban bossy’ campaign
Men may be 'commanding' but only women get called 'bossy' - and it's undermining female ambition
News
Dancers perform a fire dragon dance in Beijing
Increasingly the future of the world economy is being determined by what happens in the Brics, but China's demographic structure is becoming adverse, says Hamish McRae
News
Brent Hoberman and Martha Lane Fox, co-founders of Lastminute.com, when they were preparing to float their company in February 2000
As another online retailer comes to market Julian Knight asks the experts if this is back to a 1999-style bubble or whether cash is now counted as more important than a company's clicks
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Day In a Page

Plain packaging: Big Tobacco prepares for ‘bare-knuckle fight’ over ban

Plain packaging: Big Tobacco prepares for ‘bare-knuckle fight’ over ban

The tactics of an industry desperate to head off new rules on packaging revealed
The great eel migration: One million to swim to Britain in one night

The great eel migration

One million to swim to Britain in one night
Which British high-street shops do not pay their garment workers a living wage?

Which high-street shops do not pay their garment workers living wage?

Debenhams, Matalan and The North Face among the worst
Who needs the BBC? Black comedy stars take the YouTube route to fame

Who needs the BBC?

Black comedy stars take the YouTube route to fame
Judith Hill: A little voice grows louder

The best singer you’ve never heard of

Judith Hill steps into the spotlight
A child’s guide to Nigel Farage and Marine Le Pen and why they scare me

A child’s guide to Farage and Le Pen ...

... And why they scare me
The US is paying the cost of supporting the House of Saud as cracks begin to appear

Patrick Cockburn's World View

Cracks begin to appear in the House of Saud
Exclusive: Anger over new free school set to be the most expensive in Britain

The most expensive free school in Britain?

Gove approves plan to spend £45m – six times the average – on school for 500 children
Gay marriage: We always knew our fathers would walk us down the aisle, by first female couple to marry in Brighton

First gay weddings

A big day for Tania and Nic – and a big day for the country
New TV channel London Live is born

New TV channel London Live is born

The capital’s first 24-hour-a-day, seven-day-a-week television channel, will hit screens on Monday
Twenty years on, Rwanda still bears the scars of its brutal genocide

Twenty years on

Rwanda still bears the scars of its brutal genocide
'Androgyny is all around us': Meet XXXora, a hermaphrodite on a crusade

Meet XXXora, a hermaphrodite on a crusade

One in every 2,000 babies is born intersex - and it’s thought that doctors continue to operate on these newborns to 'assign' gender
Chineasy: Ingenious image-led dictionary is making learning Mandarin Chinese simpler

Chineasy: Ingenious image-led dictionary

The book was developed by Taiwanese entrepreneur ShaoLan Hsueh to make learning Mandarin Chinese simpler and more fun
Mia Wasikowska on doppelgangers, dancing and developing survival instinct

Mia Wasikowska: 'I had my heart broken'

The actress has become the world's highest-grossing female film star...and now she's returning to the depths of despair for her two latest movies
Henri Matisse and the nun: Why did the artist create a masterpiece for Sister Jacques-Marie?

Henri Matisse and the nun

Why did the artist create a masterpiece for Sister Jacques-Marie?