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Breakingviews: Banks share blame for UK credit drought

Friday, November 01, 2013 - 03:23

Nov. 1 - RBS research shows banks are just as much to blame in leaving small UK firms credit starved. It's not just down to lack of demand, argues Breakingviews.

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On today's breaking news did -- Chad the blame for Britain's credit traps. A review that station is all BS has missed its ending targets to small and medium size businesses. George -- breaking news columnist joins me now to do to discuss told good morning. Imus did just sets and then the banks and really have much to blame as businesses when it comes -- ending Apple's. Yeah I mean the -- point we've this whole debate is that banks -- -- and pretty much the first crisis they've always said. All of us love -- it's to moan and it's the moan from the school for it's not all but we we're trying to lend. And nobody wants to vote it. -- what country launches than the which he's done pro VS. Series is states that it's been local cases in that. He doesn't say it's no. But he does say it's among has something to do it but he says that all BS even they give it what was it seems that even the -- -- is controlling see that led. Further down you grow as a nation has been too much risk -- That's -- -- make that happen and that fool. As you say they haven't been able to hit it's obviously wants it. So all that mobile can all -- -- the broad it industry do its work have a situation. Well I mean yet as that is it's missing question and I mean I'm jaws comes I would -- ten recommendations. And -- Condit to deal with trying to make that. People learn that you'll when I was a snippet. More and it -- -- at risk -- -- and -- But -- that ultimately been the key thing that would change the cabinet but lost fighting is all BS has been. Massively trying to -- leverage its bouncy get and receipts to the new rules still complain related lending that -- And what will naturally change is in the next couple of views. When -- peace process. That should console so I'd say there are few things they can team. Culturally to sort I mean he would do rule kind of meeting policies that financials which which went with -- nine changing. Say isn't obvious how to act mandates that its balance sheets back to help we got a bit of conundrum here. Doesn't making more lions consciousness. -- hey you certainly he said this a couple of years ago and this I mean that was the main thing there boom was pointing out UK banks. On the one and the government wanted to get safer vehicle to treat analyses on the other hand they -- it's in the senate because it's supposed. In and -- even in an even workspace. That process was not because of the unit -- Has now become discredited appointed who puts his. Be the deleveraging phrase coined the sources sorted out now and should be. This year -- next year. Almost complete case and then you can get into win win situation way. Is different one and they will be able to increase that bouncy but yet up to this point that Stephanie in the pro. Would lead at that. My thanks to Georgia from all attend assessing financial and sidewalks on US breaking each and every day at twelve Cecil Easton seven per SE GMT. I'm -- man and this is -- cents.

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Breakingviews: Banks share blame for UK credit drought

Friday, November 01, 2013 - 03:23