Pub closure rate slows - Today's small business news roundup

  • By Josh Hall
  • 1 May 2012
Pub closure rate slows - Today's small business news roundup

PPI claims, angel investors, and pub closures - here's your need-to-know business news roundup.

Lloyds has set aside another £375 million to settle PPI compensation claims.

The bank, which is part-owned by the taxpayer, has now earmarked some £3.8 billion to deal with the claims. [ThisIsMoney]

A new programme intended to link start-ups with City investors has been launched.

The ‘Angels In The City’ scheme is a joint development from the City of London Corporation and London Business Angels. [Telegraph]

The rate at which pubs are closing has slowed slightly according to new figures from Camra.

But there are still 12 pubs closing every week, and a total of 4,500 have been shuttered since 2008. [BBC]

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