Banks ‘unfair’ to SMEs
2 April 2012
Britain’s largest banks are overcharging small and medium-sized enterprises for loans and current accounts, according to a provisional report from the Competition Commission.
Britain’s largest banks are overcharging small and medium-sized enterprises for loans and current accounts, according to a provisional report from the Competition Commission. Banks are operating a “complex monopoly” that could be against the public interest, said the commission, whose final report will be issued in June.