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Project Merlin

September 2012

  • Heather Stewart

    Heather Stewart's economics comment
    Vince Cable's new bank underlines the truth: the lending system is failing

    Heather Stewart
    Heather Stewart: High Street banks' continued reluctance to lend has forced yet another government initiative to help small businesses borrow capital

May 2012

  • Lord Oakeshott

    Fears for recovery intensify as bank lending shrinks again

    Almost £100bn in credit has now gone from the economy since the banking bailout

February 2012

  • We want real jobs, not YTS schemes

  • Stephen Hester, Chief Executive of the Royal Bank of Scotland, outside the offices of RBS

    Banks miss Project Merlin lending targets to small business

  • Lord Oakeshott

    Business blog
    Project Merlin proves less than magic

  • Project Merlin City

    Business blog
    Banks' response to Project Merlin commitments on lending and bonuses

January 2012

  • Barclays

    Business blog
    Top bankers' pay details unlikely to feature in 2011 annual reports

  • RBS clintons et al

    Bailed-out Royal Bank of Scotland controls the fate of many British firms

December 2011

  • Textile Production At JM Smedley

    Small firms hit by lending squeeze

    Report reveals many small and medium-sized businesses struggled to obtain finance in the last year as bank targets falter

November 2011

  • George Osborne

    Economics blog
    Merlin's magical illusions

  • Project Merlin/UK banks

    Top banks say they are on track to meet lending commitments

October 2011

  • Lord Oakeshott in close-up

    Small businesses failing to get loans as banks blamed for credit squeeze

    Small and medium enterprises that succeeded in loan applications last year down to 65% from 90% in 2007
  • Heather Stewart

    Heather Stewart's business comment
    Chinese hard landing won't help western economies

    Heather Stewart
    China's exports may be in decline – which is not the economic good news that some might think, writes Heather Stewart
    • Small business funding needs 'new mechanisms', says Cable

    • Nils Pratley on finance
      Project Merlin lacks magic

    • Business blog
      George Osborne's credit easing to fill gap left by Project Merlin

September 2011

  • TUC general secretary Brendan Barber, TUC conference

    Brendan Barber will urge unions to build new 'green' economy

    TUC head calls for shift in debate away from deficit cuts to bringing about 'mass movement for change'

August 2011

  • Polly Toynbee

    Britain's entrepreneurial spirit is being strangled

    Polly Toynbee
    Polly Toynbee: The banks – even those all but owned by us – still won't lend enough to small businesses. They must be forced to do so
  • Barclays profits down

    Barclays profits fall, hit by £1bn PPI bill

    Bank announces that first-half profits are down 33% to £2.6bn after setting aside £1bn to compensate customers mis-sold payment protection insurance and says 3,000 jobs will be lost this year
  • HSBC branch in London

    HSBC reveals Project Merlin lending commitments

    HSBC 'on track' to meet £38.3bn lending target agreed with government in February
About 67 results for Project Merlin
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