Alistair Darling is once again stepping up the pressure on banks and has announced that the banks must do “much more” to aid small businesses in the country.
The Chancellor made a promise to small businesses that he would apply any necessary pressure to get the banks lending appropriately. He also understands that more governmental guarantees [...]
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Interest rates could drop to unseen lows
Small businesses around the country may be in for a little bit more luck as the Bank of England has announced that they are preparing to slash interest rates even further in an attempt to avoid having the country caught up too much in a recession.
The move would be a record breaking drop as the [...]
Darling’s got a plan - banks still refusing to play along
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