Teresa Graham – Chair of the UK Finance SME Advisory Group tells the CBI about its work and why it’s important that the SME voice is heard
What is the UK Finance SME Advisory Group?
The SME AG was established in 2017 to act as a critical friend and voice within UK Finance, the financial sector trade body, which represents over 250 firms from the mainstream banking community, to alternative finance providers.
Why is it important?
It is vitally important that small businesses, as users of the financial services provided by UK Finance members, have a vehicle to engage in a constructive dialogue, and pursue areas of common interest. As we enter a period of continuing uncertainty, to be effective, banks have to remain customer focused. Nowhere is this truer than in the SME community, where there remains more work to be done to build up trust in the industry- and to restore confidence.