Bank Lending

Part of Oral Answers to Questions — Business, Innovation and Skills – in the House of Commons at 9:30 am on 23 January 2014.

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Photo of Barry Sheerman Barry Sheerman Labour, Huddersfield 9:30, 23 January 2014

May I tell the Secretary of State that in Yorkshire, too, small and medium-sized businesses in particular find it difficult to borrow money from conventional banks, which is why they increasingly look to crowdfunding for finance? Has he seen that Nicola Horlick has set up a new organisation to get into the crowdfunding market, because she too believes that conventional banks do not respond fast enough or efficiently enough?

Secretary of State

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