Banks Agree To Project Merlin Reforms

The video discusses Project Merlin, a banking initiative aimed at repaying taxpayer rescues and restoring business operations. It highlights the economic challenges faced post-credit crunch, especially for small businesses. The video also covers the accountability of banks like RBS, Lloyds, Barclays, and HSBC regarding bonuses and lending targets. Finally, it emphasizes the need to shift focus from retribution to economic recovery.

What are the sentiments expressed by small business owners regarding government help?

What does the chancellor suggest is necessary to move from retribution to recovery?