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    Small businesses in UK still denied access to finance, more than four in ten small firms in the UK have had their applications for business loans turned down, according to a new study from the Federation of Small Businesses (FSB).


    Almost two thirds of FSB members think that the availability of credit for small firms is poor, yet many businesses are hoping to expand. Half of the 2,600 respondents said that they wanted to grow in the coming 12 months.

    A sharp drop in confidence, as well as the scarcity of finance, may hold back the growth of small businesses over the coming months.

    By Financial News

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