Access to finance for small and medium-sized enterprises (SMEs) and those setting up a business has long been a challenge in the UK. The country's big banks have been reluctant to lend to SMEs since the recession, despite government policies designed to change this. However, a new website is hoping to change this. Business Banking Insight (BBI) has gone live and will look at how well British SMEs are being served by banks. Chancellor George Osborne commissioned the site, with the aim of helping businesses make better informed banking decisions. It will publicly showcase the experiences of more than 5,000 businesses and how they rate their banks.
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