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By Chris Dorrell Representatives of small and medium-sized businesses (SME) have hit out at “misleading” and “inaccurate” comments made by the chief executive of a banking resolution scheme in parliament last week. Mark Grimshaw, chief executive of the Business Banking Resolution Service (BBRS), was forced to defend the organisation’s record in a Parliamentary hearing last week. Since going live in 2021, over 1,000 cases have been registered with the organisation but only 137 cases have been resolved. When it was launched, it was thought the BBRS, which is entirely funded by seven participatin…

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