George Freeman MP: Small businesses are the lifeblood of our economy and it is wrong for London bankers to forget that

On Friday George Freeman, MP for Mid Norfolk, joined Norfolk and Suffolk MPs, representatives from the five main banks, institutions such as the CLA, NFU, IOD, and Chamber of Commerce, and small business members for a forum event hosted by the FSB.

The event discussed how best to establish better rules on banking practice, and to clear avenues for lending and banking relationships with small businesses.

Speaking after the event George Freeman said:

“Banks continue to receive widespread criticism for the substantial bonuses they continue to pay themselves. What we want is to see them step up lending, particularly to small and medium-sized businesses. Quite simply, the banks need to live up to their side of the bargain. Small businesses are the lifeblood of our economy and it is wrong for bankers in London to forget that.”