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Harborough, Oadby & Wigston
Conservatives

Speech on small business lending practices

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Thursday, 18 January, 2018
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Neil O'Brien MP

Neil O'Brien, MP for Harborough, Oadby and Wigston spoke in the Chamber on Thursday 18th January 2018, in a debate concerning the treatment of Small and Medium sized enterprises (SMEs) by banks.

During the debate, Neil made reference to a small business in the constituency, who had experienced issues with their bank stretching back nine years.

Neil said: "SMEs are the backbone of our economy and it is essential their ambition and growth is supported by banks; a change in lending culture is needed.

In addition to this, a strengthened role for the ombudsman to ensure clearer and firmer actions are available for when things do unfortunately go wrong, as they have for my constituent."

 

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ConservativesPromoted by Liz Darling on behalf of Harborough, Oadby & Wigston Conservatives, both at St. Mary's House, 1-7 St. Mary's Road, Market Harborough, LE16 7DS.
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