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The Chancellor and the Business Secretary will both speak to guests tonight (5 February) at the Federation of Small Businesses (FSB) Annual Chairman’s Dinner. In his final speech as National Chairman, John Walker will tell delegates that during what has been a momentous week for the banking sector that he is pleased reforms to the banking sector seem to be moving in the right direction.
The Federation of Small Businesses (FSB) has said that the banks need to take swift and decisive action to compensate the businesses caught up in the mis-selling scandal, after the Financial Services Authority (FSA) reports that 90 per cent of these complex products were mis-sold.
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