Election 2010: Lib Dems would force more lending to small businesses

It wants to guarantee an increase in the amount of money available to British businesses in the next 12 months. The party warns if its lending targets are not met at the end 2010/11, it would hold the Board of Directors of the banks "personally responsible" and would have them dismissed. Liberal Democrat leader Nick Clegg today outlined the party's plans for "radical banking reforms" if it won power on May 6. These include splitting up the banks to separate the low risk deposit taking and utility arms from the high risk investment banking operations. It would also slap a bank levy ...