BoE's Posen continues crusade for SME credit
Adam Posen, an external member of the Bank of England's Monetary Policy Committee (MPC), delivered on February 2 a speech that affirmed his commitment to improving the provision of finance for small and mid-sized enterprises (SMEs).
Posen said now was the time to "deepen and diversify" the UK's financial infrastructure in order to enable small business growth.
Posen was a panellist at an event organised by the Trades Union Congress and titled "Banking after Vickers: How can banks work better for
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