Report outlines 'vampire' bank practices

Small businesses from Bath to Bradford are having their lifeblood sucked out by “vampire” banking practices, the author of a report alleging unscrupulous behaviour by Royal Bank of Scotland has told British MPs.

Lawrence Tomlinson gave evidence to the Treasury Select Committee about the “shady” behaviour detailed in his report, which accuses the state-backed lender of driving firms to collapse in order to profit from their property assets.