We Cannot Be Held To Ransom By Senior Bank Managers

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...banks. It has got to set a very clear sense of direction since it is now the principle shareholder in much of the banking system, and then insist that the priority is maintained for keeping the British economy going through continued lending to sound businesses."

As always Robert Peston's Blog adds clarity when he explains that the reason that UK banks are going to have to step-up-to...

...the plate is because a vast number of non UK lenders have disappeared from the scene.

He suggests that, 'the Treasury is moving towards a plan that looks awfully like the Tories' proposal for taxpayers' to guarantee a proportion of lending to business.'

Just a thought but if UK lenders have access to some sort of 'guarantee' wont that mean that overseas lenders will pull back even more if they don't have the same opportunity?


Did you know that you could get a free government grant?

Leaders set the tone for an organisation's culture and Train to Gain have made available a one-off £500 grant for owners of small-to-medium sized businesses to spend on Leadership Development with the aim of fostering greater business growth.

We have developed a Leadership Development Forum for MD's or Directors of companies with less than 250 employees - to take part and boost your business visit our Leadership Development forums page

 

 

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