Small firms pay price of bank boom: As bankers celebrate more profits, more companies die from lack of loans
source: http://www.dailymail.co.uk/news/article-1300988/RBS-edges-black-1-1bn-profit.html
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- Maryleaf
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Small businesses are paying the price for the banks’ dramatic return to bumper profits.The number of firms forced into bankruptcy was revealed yesterday to have risen to 45 a day – at the end of a week in which the four major high street banks reported they were back in profit to the tune of £15billion.
LINK : http://www.dailymail.co.uk/news/article-1300988/RBS-edges-black-1-1bn-profit.htm...
LINK : http://www.dailymail.co.uk/news/article-1300988/RBS-edges-black-1-1bn-profit.htm...
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- Current Tonight, Greatest Depression
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galwayman
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Not surprised at this news! Banks are still not loaning money to small businesses or home owners,these loans are considered "risky", only the major corporations and the banks are doing business and big business isn't hiring workers opting for more profits instead! As a result the economy isn't recovering as fast as it could! The Elite only cares about themselves not us!
- 1 year ago
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galwayman
