Property market woes, export plans, and small business loans - here's your need-to-know business news roundup.
The UK property market has remained stagnant according to a new survey from Rics.
Rics’ estate agent members sold just 23 per cent of their homes during May. [BBC]
Three-quarters of UK exporters do not have a formal strategy for trading abroad.
This is according to a new report from the British Chambers of Commerce, which also found that other firms are being put off exporting by an inability to access credit. [Telegraph]
The Bank of England should buy bundles of small business loans in an effort to kick-start the British economy.
This is according to outgoing Monetary Policy Committee member Adam Posen, which has called on the Bank to buy assets other than government bonds. [ThisIsMoney]