The £1bn Enterprise Finance Guarantee (EFG) scheme will support up to £1.3bn of new lending by banks to viable small and medium-sized businesses with working capital or investment needs. The EFG has been available since 14 January 2009 and will operate until March 2010.
Phil joined the FPB in 2008 as Chief Executive, having set up his first company in 1983. In the years that followed, he was involved in a number of start-up companies, which eventually formed a small group employing more than 100 staff and which had a turnover in excess of £10 million.