Small firms’ call for disputes tribunal set to fall on deaf ears

Industry News | 12/11/18

Ministers are poised to reject calls from MPs and the City regulator for a tribunal system to level the playing field between businesses and banks.

The Treasury has concluded that a tribunal to settle disputes between companies and lenders would be too expensive and could restrict access to credit.

A group representing victims of banking scandals said that official efforts to give companies more protection were turning into a “stitch-up”.
Source: The Times