July 17, 2009

FURTHER evidence of the arrogance of Britain’s banks emerges today in the form of small firms denied access to lifeline loans to help them weather the recession. Just 60% of so-called micro companies have been successful in persuading banks to part with cash this year, compared with 82% in 2007, according to Scottish Government figures.

No one, it seems, is exempt from the efforts of the banking industry to visit their own sins on the innocent victims of years of greed and obscene profligacy.Yet again, the silence of the prime minister and the chancellor is deafening as weakly they bow to the two-fingered gestures of Britain’s publicly-subsidised banks.