"Don’t just talk to me in inverted commas about ‘banks being horrible and nasty.’ Regretfully, when we delve into some examples of the companies that have gone to them saying lend me some money I wouldn’t lend them one penny...They are bust. The moaners are bust. They are bust and they don’t need the bank — they need an insolvency practitioner."
Whilst this may be sound advice it is hoped that the relevant IP will be conversant with the rescue culture ethos, unlike the Lord Sugar who is the Government's Enterprise Champion. He made these comments whilst in Manchester discussing viable business lending practices.
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