Commenting on today’s meeting between the Chancellor and bank bosses, which will discuss lending to small businesses, David Frost, Director General of the British Chambers of Commerce (BCC) said:

 

“It will be business that drives the UK out of recession, but that can only happen if the banks are prepared to play their part. I am still hearing too many stories of small businesses being unable to access appropriate financing.  

“The situation is complicated but the government certainly needs to keep the pressure up. Banks need to be transparent and open about their approach to lending to small firms.”