Why banks' shortcomings open up opportunities

CONTRARIAN

‘There is not a problem with banks lending to smaller companies as such, it is just that there is no demand".

Isn’t it fantastic to see our leading members of parliament have such a fine grasp of the challenges facing British business? The afore mentioned quote is taken from a conversation with Stuart Leigh-Davies, a branch manager with Redmayne-Bentley who has a ‘vision’. Stuart, like me, thinks the MPs thought-line is utter bunk. There is a major problem and there remains a problem even after the Budget. But what is especially galling is that this problem could be solved by developing new structures that might actually be very attractive to the advisory and wealth community. I will come to ...