Brooks Newmark calls on banks to do more to help small businesses

Speaking in a debate on the Small Business, Enterprise and Employment Bill, Brooks Newmark calls for banks to help small businesses by loosening up their working capital facilities.
 
Mr Brooks Newmark (Braintree) (Con): I totally hear what the hon. Gentleman is saying, and I agree that small businesses are the backbone of this country. Does he agree that the banks also have a role to play in loosening up their working capital facilities to help small businesses? That, too, is a challenge that small businesses face.
 
Gordon Banks: I am grateful to the hon. Gentleman for making that valid point. I shall come to that matter later in my speech when I talk about the changes that have happened over recent years, and perhaps decades, and try to illustrate why prompt payment has become so important.
 

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