Local News

Halt rush to force student targets on colleges, say MPs

In a letter to The Daily Telegraph, 30 Conservatives warn that pressure on tutors to recruit more undergraduates from poor backgrounds “undermines our universities”. The signatories include two ministerial aides, who are officially members of the Government appointed by the Conservative leadership. The MPs say the Tories must take a “different long-term approach” from the… Read more »

Barclays to be investigated over claim they misused loan scheme

Capital for Enterprise, a fund management team owned by the business department, is looking into the £200,000 loan made in 2006 to a company controlled by Leeds businessman Jeffrey Morris, which was protected by the Small Firms Loan Guarantee scheme. The scheme aims to help entrepreneurs get finance by guaranteeing 75% of loans but Morris… Read more »

Barclays accused of misusing taxpayer-backed small business lending scheme

Barclays Bank has been accused of using a taxpayer-backed scheme – designed to get finance to budding entrepreneurs – to provide a safety net for its risky lending. The Small Firms Loan Guarantee scheme underwrites 75% of loans to young businesses whose founders do not have enough assets to get traditional finance. But Barclays is… Read more »