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By Lars Mucklejohn An influential group of MPs has urged the City watchdog to force banks to be more transparent on why they “debank” businesses amid criticism that regulators and lenders are hamstringing growth and innovation among small firms. In a report on its inquiry into the barriers small and medium-sized enterprises (SMEs) face to accessing finance, the Treasury Committee called on the Financial Conduct Authority (FCA) to compel lenders to send them the number of business accounts they close each quarter, split by reason. It cited evidence from eight major banks showing they closed 142…

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