Banks still not lending SME's enough

This calls for a yearly loan total of £76 billion, agreed by the big four UK Banks plus Santander and Cable is looking for this sum to be made up in the near future. With an expected total quarterly loan figure required of £19 billion, the next quarter's figures will be crucial and need to be way over £20 billion to avoid potential penalties maybe individually levied.

He doesn't rule out a penalising tax on those Banks failing to toe the lending line and said some Banks are taking this more seriously than others, with Lloyds and Santander getting gold stars.

This would appear to be a good time to go cap in hand to your nearest corporate account manager but the story had better be good.