This has been trumpeted in the news over the past few days. You can see the link to the bBC article below. BBC News - UK banks propose £1.5bn fund for small businesses What's made me really mad about this is that the media and government have said this is designed to help small businesses. When you read into things further it seems to appear that they will only invest in businesses with a minimum £10 million turnover. I'm not sure I know many small businesses who have that amount of turnover!!!!!!! Some of the so-called pressure groups have actually welcomed this move which really stinks to me. £1.5Bn is a drop in the ocean compared to what banks need to lend and should be lending. It seems ok for them to pay massive bonuses (including one who is almost 80% owned by the UK tax payer). The cynic in me says this "fund" is just lip service to try and get the government on side a little and to show them that they are actually trying to do something. For me though it's nothing more than spin and PR. Thoughts?