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Cable: Banks 'imperilling recovery'

Cable: Banks 'imperilling recovery'
Vince Cable has launched a fresh attack on the banks, accusing them of "imperilling" the UK's economic recovery. Speaking in the City, the Business Secretary said there was a "yawning mismatch" between the financial services industry and the wider economy, and attacked banks for failing to lend enough to small and medium-sized businesses. He also admitted EU rules might scupper his own idea of a new bank for business lending.

Green Box: Cable: Banks 'imperilling recovery'Click to open

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