Business, Innovation and Skills Questions: Small Businesses (Lending)

Neil Parish calls for more pressure to be put on the banks to ensure they lend to small businesses.Neil Parish (Tiverton and Honiton) (Con): A firm in my constituency cannot get money from the banks, which, if they do lend, do so at a 25% interest rate. It is a very successful company, but the banks, in order to gain liquidity, are stopping lending. We really must put more pressure on them.Mr Prisk: I agree with my hon. Friend. Let me make it very clear again that when right hon. and hon. Members find unreasonable behaviour from the banks, they should ensure that it is raised with them and they should copy me in. When we find that evidence, we will challenge the banks vigorously.| Hansard