Cameron must force banks to lend, says Chase
Hereforshire Vodka manufacturer, William Chase, has said that it is David Cameron’s “duty” to make the part-nationalised Lloyds banking group start lending to small and medium-sized businesses.
Chase, who founded Tyrrells Crisps and Chase Vodka, said that the “take take take” attitude from the government has to stop.
He said: “Cameron needs to get Lloyds to pull the carrot out. It’s crunch time. Cameron has got to show us all how strong a guy he is. He needs to prove his worth and get the bank he owns working a whole lot harder for British SMEs.”
“I can see that HSBC or Barclays might say to him 'Why should we?' But there really is no excuse for Lloyds, who wouldn’t exist today if it wasn’t for hardworking British taxpayers."
“It can’t just be take take take from the government, everyone is tightening their belts on all fronts, now with VAT increasing to 20 per cent, something has to be given back to businesses. The French government has got the banks lending to SMEs, the life-blood of the economy, especially assisting with the exporters, so why can’t Cameron at least do it with Lloyds Banking Group, which is virtually totally owned by the tax payer?”
Chase manufactures Vodka from potatoes produced in Herefordshire. The company won the World’s Best Vodka accolade at the San Francisco World Spirits Competition this year, beating 242 rivals.
