TITLE

U.K. Group Requests Government Rate Cap

AUTHOR(S)
Cardline, By
PUB. DATE
January 2009
SOURCE
American Banker;1/5/2009, Vol. 174 Issue 2, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Federation of Small Businesses in the United Kingdom (U.K.) is petitioning the government to limit credit card interest rates. John Wright, national chairman of the group, said that because the government has given billions of pounds to the banking industry, banks should allow small business owners to take out loans at low rates.
ACCESSION #
35907175

 

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