David Prosser is a former business editor of The Independent who now writes for a variety of publications, often focusing on small and medium-sized enterprises and entrepreneurship.
23 December 2012 06:57 PM
The patchwork quilt of different measures designed to fund the growth of small and medium-sized enterprises is at last being knitted together. But goodness, progress is slow.
17 December 2012 12:00 AM
The investment-trust industry, which has long been the poor relation of open-ended funds such as unit trusts, is rubbing its hands with glee at the prospect of the retail distribution review. The regulatory shake-up of financial advice, which takes effect on 1 January, will ban providers from paying commissions to advisers who recommend their products to clients. Investment trusts, as quoted companies, have never been able to do this and blame commission bias for the fact financial advisers neglected the sector in favour of open-ended funds.
10 December 2012 12:00 AM
All Chancellors give with one hand only to take with another – that's the job – but for far too many small businesses, George Osborne's Autumn Statement only prolongs the agony. For all the talk of targeted help for small businesses, the great business rates robbery will continue.
03 December 2012 12:00 AM
Wednesday's Autumn Statement looks set to see another chance to boost small and medium enterprises go begging. Despite months of discussions, it's almost certain George Osborne will not be able to unveil the blueprint for a state-backed business bank. The Chancellor and his officials have apparently failed to reach agreement with Vince Cable's Department for Business on the detail. This is unhelpful, for the arguments over bank lending to SMEs have reached a stalemate.
26 November 2012 12:00 AM
Sometimes, you can't even give your money away. That must be the feeling among those ministers who have had a hand in the Seed Enterprise Investment Scheme.
12 November 2012 12:00 AM
Government isn't much fun – just ask Business Secretary Vince Cable, who in pre-coalition days was routinely lauded as politics' voice of reason, but who today has barely a friend to his name. The latest Vince wheeze to get a kicking is the Government's new Business Bank, which he hopes will be able to turn £1bn of taxpayers' money into £10bn worth of support for small and medium-sized enterprises.
05 November 2012 12:00 AM
Having failed to force Britain's banks to lend more to small and medium-sized enterprises, it appears the Prime Minister now hopes to persuade our largest companies to do their bit instead.
29 October 2012 12:00 AM
Desperate times call for desperate measures. There is good reason to think the Government's new supply chain finance initiative will be successful – in that sense it is to be applauded. But the fact David Cameron last week felt it necessary to ask the bosses of Britain's biggest companies to back the scheme shows just how dysfunctional the operating environment for small businesses has become.
22 October 2012 12:00 AM
Do this week's third-quarter GDP figures represent an opportunity? Ask any fund manager where in the stock market you should place your bets in the event of an economic recovery and the answer is likely to be the same: most statistical analysis suggests that smaller companies tend to outperform during the first stage of an upswing.
15 October 2012 12:00 AM
Obama: The only people with the right to object to immigration are Native Americans
Ukip says babies born to immigrants in the UK should be classed as migrants – which would include Nigel Farage’s own children
The young are the new poor: Sharp increase in number of under-25s living in poverty, while over-65s are better off than ever
Tamir Rice: 12-year-old boy playing with fake gun dies after being shot by Ohio police
Ukip mocked after mistaking Westminster Cathedral – for a mosque
Sarah Vine criticises lesbian mother Jack Monroe: 'If she was unsure about her sexuality, she should have taken greater precautions'
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