My Room 101 – Obsession with SME’s needing investment

I have a room 101 nomination, media headlines and political comment stating that ‘businesses are unable to access funding from banks, we have to get the banks lending again, we need to make alternative funding available’. This has been so noisy in recent years, since the 2008 sub-prime bubbleburst, that I am convinced it is merely a default subject when either political party senses that ‘business’ hasn’t been in the headlines recently. The tone of the headlines sounds so desperate at times as to imply an imminent hiatus in UK business if this matter isn’t addressed. I am not convinced that the need for all of this ‘alternative’ funding is as important as it is portrayed. Continue reading