How to get a bank to give you money by Helen Loveless

The debate over lending to small businesses shows no sign of ending, with David Cameron a few weeks ago announcing he would ‘force’ the banks to lend.

The Prime Minister’s pledge came in the week that Royal Bank of Scotland, Lloyds TSB, HSBC and Barclays all reported half-year results that showed a return to huge profits.

HSBC, the first to report, posted half-year profits of £7bn while Barclays’ gain was £3.9bn. Lloyds Banking Group reported profits of £1.6bn while RBS made £1.14bn. Lloyds and RBS are part-owned by the taxpayer.

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