U.K. Group Requests Government Rate Cap

Cardline, By
January 2009
American Banker;1/5/2009, Vol. 174 Issue 2, p7
Trade Publication
The article reports that the Federation of Small Businesses in the United Kingdom (U.K.) is petitioning the government to limit credit card interest rates. John Wright, national chairman of the group, said that because the government has given billions of pounds to the banking industry, banks should allow small business owners to take out loans at low rates.


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