Cable ups the heat on banks

first_img Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBig Data Courses | Search AdBig Data Online Courses Might Be Cheaper Than You ThinkBig Data Courses | Search AdUndoTheFashionBallPrince Harry Has Changed His Mind About Meghan MarkleTheFashionBallUndoOnline Project Management Courses | Search adsAre You From United States? Project Management Courses Might Suprise YouOnline Project Management Courses | Search adsUndoManuka FeedEat Bananas Every Day And You Will Be Surprised At What Will HappenManuka FeedUndoSportinalRemember These Olympic Gymnasts? This Is How They Look NowSportinalUndomylovelymalinoisFormer Police Dog’s Discovery Leave Authorities SurprisedmylovelymalinoisUndoInvestmentGuruSean Hannity is now Dating This BeautyInvestmentGuruUndoBrake For It20 Of The Most Useless Aircrafts Ever MadeBrake For ItUndoCrafthoughtStudio 54 Photos That Are No Longer Socially AcceptableCrafthoughtUndo whatsapp Sunday 17 October 2010 11:47 pm BRITAIN’S biggest banks are today set to face up to small business organisations and business secretary Vince Cable in an attempt to show that they are committed to rebuilding trust between the sector and smaller firms struggling to get access to credit.Cable will chair the first meeting of the Small Business Economic Forum, which will also be attended by representatives from HSBC, Barclays, Lloyds Banking Group, the Royal Bank of Scotland, Standard Chartered and Santander, as well as the Federation of Small Businesses, the Bank of England, the IoD and the CBI.The business secretary said the measures agreed last week by the banking taskforce – including a new £1.5bn funding facility for small businesses and a new code on lending which will allow firms to independently appeal banks’ decisions – represented a “modest” start to reforms.Cable is also privately calling on banks to show restraint in the upcoming annual bonus season, warning unadulterated excesses from the banks will not be tolerated amid a wider culture of austerity.Chancellor George Osborne also yesterday called on banks to sign up to a code of practice on tax avoidance by November. Only four of the 15 big UK banks have signed so far. Cable ups the heat on banks center_img KCS-content More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes Show Comments ▼ whatsapp Tags: NULLlast_img

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