UK Banks Rake in £11Billion More Than They Lend in Figures that Make Mockery of Government Promise to Help Small Firms
Wednesday, 01 February 2012 09:28
Posted by David Icke
'Banks received nearly £11billion more than they lent to firms last year – and imposed the highest interest rates for nearly three years.
The figures from the Bank of England make a mockery of the Government’s attempts to get banks to lend to businesses, particularly small firms. Net lending, which is the amount handed out to firms less the amount paid back, was minus £10.8billion in 2011.'
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