Where has the money gone? (Independent)

Story date: 2008-12-03 09:01:38
Added on: 2008-12-03 21:55:54

If Britain’s banks are to be believed, then they have never done better by their small business customers – rate cuts are passed on in full, lending is up, advice seminars are planned. Yet small and medium enterprises (SMEs) complain of draconian actions by their lenders while the Government blames the banks and piles on the pressure to make them support small companies. How can this be?


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