BoE 'should buy small business loans' - Today's small business news roundup

  • By Josh Hall
  • 12 June 2012
BoE 'should buy small business loans' - Today's small business news roundup

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]

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