Falling small business credit, new tax crackdowns, and modest house price rises - here's your need-to-know business news roundup.
Small businesses are not getting the credit they need, according to new figures from the Bank of England.
A report suggests that lending to small businesses fell by 5.1 per cent during August – but the cost of borrowing increased. [Telegraph]
Tax dodgers are facing further crackdowns following the opening of a new HMRC division.
The group will concentrate first on those with homes abroad, and assets between £2.5 million and £20 million. [BBC]
House prices rose slightly during October, according to figures from Nationwide.
The lender’s regular survey suggests that average prices increased by 0.4 per cent during the month. [Guardian]
