The story was reported on here.
Meanwhile, we learn today that RBS has been treating some small business customers “roughly” and can worry others by passing them around from department to department, Sir Andrew Large, the former deputy governor of the Bank of England said yesterday. He told MPs the bank was poorly structured to encourage small business lending, and could give the perception that it cared only about making money from those businesses.
However, he stopped short of the claims made by business department adviser Lawrence Tomlinson, who claimed the bank was forcing firms out of business to seize their assets.
This story was reported here.
He has written over 700 business publications (see Glossaries at http://onesmartplace.com/resources/glossaries/) and is editor of Better Business Focus (see http://onesmartplace.com/resources/better-business-focus-magazine). His Blog, on a wide range of subjects can be found at: http://onesmartplace.com/blog/
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