Gordon Brown round table breakfast meeting

Gordon Brown round table breakfast meeting; Gordon Brown speech continued SOT But we remain concerned that there are still companies being unfairly denied credit and who feel that they are powerless to challenge the decision. I think you all know cases where businesses have complained to you about the way they have been treated. To help them and to help the economy, Alistair Darling announced in the Budget the creation of a credit adjudicator to hear cases where a small business may have been unfairly denied finance. It will have legal powers to enforce its judgements if it believes that credit has been wrongly denied. I am pleased that Lord Sugar has agreed to lead the taskforce, alongside the outgoing chairman of the Federation of Small Businesses, John Wright, who is with us this morning, and former Lloyds Deputy Chief Executive, Mike Fairey. Drawing on their decades of experience in enterprise, business and banking, they will advise the government on the role and responsibilities of this adjudicator. The taskforce will build on the work that Alan Sugar has already been doing with small businesses and with the Financial Intermediary Service and the banks. So I have said all along that the banks have to accept their responsibilities. We have done what we can; they have to accept their duty to act in a fairer manner to those people who depend on them. I do believe that they have yet to meet the tough standards the public expects of them. I am angry, I have to be honest, when I see bank executives continue to award themselves large pay and pension increases at a time when the rest of the economy is only just starting to recover from the damage caused by the financial crisis. Many banking customers are justifiably angry. At the same time, many of these banks remain heavily dependent on the funding, the capital and the financial guarantees that governments made available to avert a complete meltdown in their banks and in the financial system. So what we are ...
Gordon Brown round table breakfast meeting; Gordon Brown speech continued SOT But we remain concerned that there are still companies being unfairly denied credit and who feel that they are powerless to challenge the decision. I think you all know cases where businesses have complained to you about the way they have been treated. To help them and to help the economy, Alistair Darling announced in the Budget the creation of a credit adjudicator to hear cases where a small business may have been unfairly denied finance. It will have legal powers to enforce its judgements if it believes that credit has been wrongly denied. I am pleased that Lord Sugar has agreed to lead the taskforce, alongside the outgoing chairman of the Federation of Small Businesses, John Wright, who is with us this morning, and former Lloyds Deputy Chief Executive, Mike Fairey. Drawing on their decades of experience in enterprise, business and banking, they will advise the government on the role and responsibilities of this adjudicator. The taskforce will build on the work that Alan Sugar has already been doing with small businesses and with the Financial Intermediary Service and the banks. So I have said all along that the banks have to accept their responsibilities. We have done what we can; they have to accept their duty to act in a fairer manner to those people who depend on them. I do believe that they have yet to meet the tough standards the public expects of them. I am angry, I have to be honest, when I see bank executives continue to award themselves large pay and pension increases at a time when the rest of the economy is only just starting to recover from the damage caused by the financial crisis. Many banking customers are justifiably angry. At the same time, many of these banks remain heavily dependent on the funding, the capital and the financial guarantees that governments made available to avert a complete meltdown in their banks and in the financial system. So what we are ...
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ITN
Data da criação:
01 de abril de 2010
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r01041002_5703.mov