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Proceeding contribution from Mark Hoban (Conservative) in the House of Commons on Tuesday, 7 February 2012. It occurred during Opposition day on Banking (Responsibility and Reform).


Banking (Responsibility and Reform)

My hon. Friend makes a very important point. For too long businesses have been dependent on banks for their finance. We need to broaden the range of sources of finance that is available to business. This model works well elsewhere in the world. There has clearly been a market failure here, and our business finance partnership is aimed at tackling that failure. There are people out there who are willing to bring forward ideas to enable more investment to go into small and medium-sized businesses.


Secondary information

Type
Proceeding contribution
Reference
540 c197 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Bank services Banks Credit Incentives Pay Managers Loans Small businesses Regulation Reform Bank levy
Link
View this Proceeding contribution on www.publications.parliament.uk