Businesses using facilities management could be buoyed by Lib Dem comments on RBS profits
August 6th 16:11 Cost Management
UK businesses that have adopted facilities management cost reduction processes to combat low levels of finance could be among those to receive a boost from recent comments by one expert.
Stephen Williams, co-chair of the Liberal Democrat Treasury Policy Committee, has called on the Royal Bank of Scotland (RBS) to share its wealth with the UK's struggling businesses.
It follows a recent announcement from the bank, which is largely state-owned following a government bailout, showing that its pre-tax half-year profits stand at £1.1 billion.
"RBS is almost entirely owned by the taxpayer, so these huge profits must be used for the national interest and not just to pay massive bonuses to senior staff," Mr Williams said
"There is no excuse for RBS not to loan to good British companies that are struggling to get credit. We cannot simply allow banks to go back to business as usual while viable British firms are suffering."
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