Small motor businesses could be helped financially as Gordon Brown plans to inflict measures on banks to start lending to smaller companies again.

Brown intends to bring forward measures very soon to tackle the problem in his Pre-Budget report, wrote Daily Telegraph.

He said: “The banks have got to accept their responsibilities. We have done what we can, they have to accept their responsibilities to act in a manner that is responsible and fair.

“We will take all measures necessary to help small business get the loan capital they need,” added Brown.

The move came in the face of criticism from Tory leader David Cameron who said that banks were not helping small firms.
 

AM magazine provides regular insight into manufacturer networks and dealer groups - to sign up for your magazine please click on the following link to subscribe:

AM also provides a monthly electronic magazine called AMe - this provides the latest analysis of new car sales figures each month and more news - to subscribe to this ezine please click the following link:

You must be logged in - click here to login