Small and Medium-sized Enterprises: Interest Rates Debate

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Department: Department for Business and Trade

Lord Woodley

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Small and Medium-sized Enterprises: Interest Rates

Lord Woodley Excerpts

Reinforced Autoclaved Aerated Concrete: Hospitals
Wednesday 13th September 2023

(1 year, 3 months ago)

Lords Chamber
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Earl of Minto Portrait The Earl of Minto (Con)
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I was not aware that there was this trouble in the hovercraft industry. My guess is that it is something to do with the balance sheet, but I will certainly write to him and we will follow that one up.

Lord Woodley Portrait Lord Woodley (Lab)
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My Lords, the Government hold approximately 39% of share capital in NatWest and therefore are in a very powerful position to influence the bank’s policy and to provide small and medium companies with low-interest financial support. They could even turn NatWest into a specialist support hub. Have the Government presented any specific proposals to NatWest in this regard?

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