Competition fears over SME lending in the UK

The UK’s major banks are facing another inquiry after regulators highlighted their fears about the market for lending to small and medium-sized (SME) firms.

Competition fears over SME lending in the UK

The UK’s major banks are facing another inquiry after regulators highlighted their fears about the market for lending to small and medium-sized (SME) firms.

The Office of Fair Trading (OFT) said its initial work identified possible competition concerns in the sector, including suggestions that there is not enough incentive for banks to compete on price, service or quality.

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