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Pawnbrokers are in the news at the moment with recent pieces in The Telegraph, The Guardian, Metro and
The last few weeks have seen a series of enjoyable punch-ups between the banking industry and everyone from the Federation of Small Businesses to the Institute of Directors. In a nutshell, the banks say that their lending policies are fair and that they are lending at the levels they should be. Those who want to raise finance from the banks have a very different view of events. Speaking ahead of the FSB annual conference in Aberdeen, Scottish Policy Convenor Andy Willox OBE said ‘There is still anger in the small business community – as there is in the public at large – that the failed banks we generously bailed out have repaid us by hiking charges, squeezing credit and, in some cases, even removing relationship managers from branches.’ Not to be outdone, the
