Friday, 22 June 2012

Bank Lending

Last night [Thursday 21st June, 2012] on BBC's Question time one of the panellists was Julie White and she was the owner of D-Drill (Master Drillers) Ltd.

When the topic of bank lending cropped up Julie pointed out that she had to borrow from a Swedish bank because British banks would not lend to her, even though she was applying for the most recent schemes.

This situation appears to be even worse than the media is making out, and the Government has to do something about it, as the current “gentlemen's agreement” isn't working.

If we do own RBS like everyone says, then re-name it to "British Bank” [the name doesn’t matter it's the idea I'm trying to promote] and then 'force it' yes 'force it' to lent to British business, whether it is small, medium or large, make them lend...

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