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RBS to review business lending

The Royal Bank of Scotland is launching a review of its small business lending after uncovering £20 billion in untapped cash that could be used to support loan-starved companies.

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Cable: RBS needs to focus on small business lending

Commenting on Stephen Hester's departure from RBS last month, the Business Secretary Vince Cable appeared to criticise the taxpayer-owned bank for not doing enough to lend to small and medium firms (SMEs):

He performed a necessary role at a difficult time...RBS needs more of a focus on SME (small and medium enterprise) lending, supporting the economy.

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