SME debt The elephant in the room
The lid needs to be lifted on the scale of the SME debt mountain that still has to be tackled by the banks
It’s the crisis that dare not speak its name. While the plight of struggling
mortgage holders has been the focus of government attention in recent months, as the
prospect of a flood of repossessions looms ahead of a general election, the much bigger
legacy of the banking crisis has been largely hidden and ignored. Across the country,
thousands of small businesses continue to be weighed down by unsupportable debt, yet
