Small and Medium-sized Enterprises: Interest Rates Debate
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Lord Woodley
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Small and Medium-sized Enterprises: Interest Rates
Lord Woodley Excerpts(2 years, 1 month ago)
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The Earl of Minto (Con)
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 (Lab)
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?