Brown Tells Banks: Give Small Firms Loan Deals

Summary

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GORDON BROWN warned banks today that he would force them to increase lending to small businesses to combat the recession.

In a clear shot across the bows of the "big five" high street banks RBS, HBOS, LloydsTSB, HSBC and Barclays, the Prime Minister said the Government had a range of "other instruments" lined up if they failed to help firms struggling in the downturn.

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Extract

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Brown Tells Banks: Give Small Firms Loan Deals

Mr Brown issued the warning after London MP Karen Buck revealed that local companies have been told...

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