Nationwide clamps down on business accounts

Extract . . .

Nationwide, the country's largest building society, has restricted banking services to 30,000 small businesses just as business leaders and the Government call for more competition in the market. The decision will come as a particular set back to the Government, which believes the mutual sector could take on the dominant high street banks in the provision of services to small businesses.

http://www.telegraph.co.uk/finance/yourbusiness/8027427/Nationwide-clamps-down-on-business-accounts.html