This is just one response we received when we asked-“how many SME’s have been destroyed by the Banksters since the 2007/8 crash?”
The conclusion is a trifle extreme but it does reflect the anger felt across the UK.
Hi just taking a stab at the figure your looking for- its available though hard to get VAT monitor and government stats. They are very accurate. They know the figures in Whitehall.
68% of SME owners are stressed according to a survey Sept 2017.
That suggests that only a third of SME’s are getting proper banking support. 25% would not have launched their projects had they known the personal implications both in terms of their personal well being and their obligations enforced by HMRC.
From this official survey we can assume what the BANKS have been doing.
The BANKS ARE stressing a portion of their total commercial book !!!
If we take a conservative figure that 40,000 companies and individuals lost their businesses in each year of the recession that represents 400,000 enterprises failing.
I will assume that only 33% of those businesses were ruined by their bank.
That gives a figure of about 132,000 businesses ruined by lending support units over 10 years.
I suspect the true figure is over 300,000 businesses, which is staggering. It could even be higher.
AND AS THAT SURVEY SUGGESTS 68% OF SME ARE STRESSED DUE TO NO BANKING SUPPORT!
THIS IS EVEN MORE ALARMING AS THIS SUGGESTS more than 2 million SME businesses are financially stressed due to their Bank’s total non support !!!!!!
Furthermore this represents 10 MILLION EMPLOYEES’ JOBS ARE AT RISK DUE TO THE BANKERS!
The figures are staggering and it was always my opinion that the people who are responsible for this should STAND TRIAL UNDER OUR COMMON LAW WITH A JURY ON THE ULTIMATE CHARGE OF TREASON WHICH STILL CARRIES THE PENALTY IN OUR CONSTITUTION- DEATH BY HANGING !!!
THE ABUSE AND CORRUPTION WAS AND STILL IS -COUNTRY WIDE.