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By David Hanson MP / Latest News / / 0 Comments

Business Questions: RBS treatment of small businesses

I have been campaigning long and hard for justice for the businesses who were poorly treated by the Royal Bank of Scotland following the banking crisis. RBS used a government scheme designed to help businesses through the recession to increase their balance sheets at the cost of the small businesses future. This saw many businesses – which were profitable and providing employment – go bust. There was due to be a debate on this last week, but due to constraints on parliamentary time it was not held.

That is why I urged the Leader of the House to grant this debate before the Government sold off RBS – at a loss might I add – and claim no responsibility.