Commenting on the decision by the Bank of England to refocus its Funding for Lending on small businesses, Alexander Jackman, Head of Policy at the Forum of Private Business, said:
"The Government is right to refocus this policy. Not only will it cool down fears around the mortgage sector but more importantly it will focus the finance on the real need in the economy, on our growing small businesses.
"Banks' reputations have taken further damage this week but we stress to all businesses that money should be there for lending."
Forum responds to Bank of England decision to refocus Funding for Lending on SME lending