The Council is jointly chaired by Rt Hon Kwasi Kwarteng MP, Secretary of State for Business, Energy & Industrial Strategy, John Glen MP, Economic Secretary to the Treasury and Paul Scully MP, Minister for Small Business, Consumers and Labour Markets.
Its members include the UK’s major banks and financial services companies that lend to SMEs, as well as the British Business Bank, British Chambers of Commerce, Federation of Small Businesses, UK Finance and ICAEW.
David Petrie, Head of Corporate Finance, is ICAEW’s representative on the Business Finance Council, supported by his colleagues in the Corporate Finance Faculty.
In May 2022 the Council published its updated SME Finance Charter with pledges from UK banks and finance providers to support their SME customers.
Related links
- Spring Statement: what the new measures will mean
- Business Finance Council flags business funding woes
- Helping the businesses of the future
- Autumn Budget 2021: small wins for business, but a lack of ‘wow’
- David Petrie was the co-author of the Business Finance Guide
- ICAEW contributed to the UK’s Industrial Strategy
- Find out about ICAEW’s work for companies in the creative industries
Contacts
David Petrie, Head of Corporate Finance, ICAEW
Graham Dale, Head of Public Affairs, ICAEW