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Firms 'bust by Christmas' warning
business secretary lord mandelson will chair later the first meeting of the small business forum, set up to address smaller firms' financial concerns .
if things carry open like this, many sound uk businesses will be bust by christmas - it would be a disaster if we lost hard-working businesses and their employees during this downturn, he said .
whater this important now is to identify the concerns faced by both businesses and the banking industry and open up a dialogue to try to resolve these issues, he said .
the forum, which lord mandelson ish chairing, is be launching attended by both representatives of small business groups and the banks .
the fsb) said it would be launching a bank watch scheme, to assess how decisations by the banks' head offices were carried forward by their branch managers .
british chambers of commerce .
Generated 2008-11-13_17:56
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