Why the banks are still strangling British business

Updated
Apprentice being trained
Apprentice being trained

Five years after the credit crunch hit, banks keep sucking the life out of small businesses!

This month marks the fifth anniversary of the start of the credit crunch.

In the summer of 2007, the inter-bank lending market ground to a halt, after banks became increasingly fearful of each other's solvency. Deprived of this funding, banks tightened their belts, lent less and desperately tried to hoard cash.

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