Wonderful world of banking

This is funny. It appears that the banking industry has asked Experian, the credit experts, to compile a report showing what a bad risk micro and small companies are. They will then present this information to the Treasury in October to prove that they want to lend to small businesses its just that they are not asking/not credit worthy

We're a fair trade toy wholesaler but it occurs to us that Experian will need to look at Company House accounts to get this information but small companies only file abbrieviated accounts with no detail.

The detail on how micro and small businesses are performing will be in their bank statements not their accounts.

So the banks hire Experian to get information they can't get because its held by the banks.

Gravy train anyone?