Federation chief executive Brian Berry said: “In our latest FMB industry survey, 19% of our members reported that bank lending policies had led to them putting aside growth plans. The danger is that the continuing refusal of the main high street banks to lend to viable building companies will hold back future growth for years to come.
“The FMB has been making it very clear to policymakers that until the banks change their lending policies, growth will continue to be hampered and the industry will not be able to deliver the improvements to our housing stock and the increased number of new homes that politicians of all parties say they want to see.”
He added: “We want to see all the main parties placing access to finance for SMEs at the heart of their manifestos for the next parliament.”
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