In message , badriya 
 writes
>On Mon, 29 Sep 2008 21:28:53 +0100, K Richard W
> wrote:
>
>>Waiting for Daff's Caff to re-open, Siderius Nuncius living at  decided
>>to tell uk.media.radio.archers that
>>>The market will ensure that nothing goes wrong at any stage.  And
>>>anyway it's all very tightly regulated, so there's no chance of
>>>anything dodgy.
>>
>>My employer's bank manager came to see me today.  Now we have two
>>companies, one long established, long history of making a profit with a
>>reasonable overdraft facility which (due to the aforementioned profits)
>>is only used rarely.
>>
>>The lords and masters of the banking word have decided to increase the
>>rate of interest charged on the overdraft when it is used and have to
>>levy a non-utilisation fee for the rest of the time.
>>
>>This, of course, is nothing to do with the credit crisis or any other
>>recent events but is driven by the Basle II rules on capital adequacy.
>>This is from a bank which launched a rather successful rights issue
>>several months ago and (because no-one is fit to borrow from them) is
>>placing funds on deposit with the Bank of England at 1% below base rate.
>>
>>Our second company has only been in existence for 12 months and has a
>>slightly larger overdraft facility.  When the facility was put in place
>>a hefty one-off arrangement fee was charged to make the funds available.
>>
>>Now the one-off fee is suddenly an annual fee (we were promised it was a
>>one-off at the time) and the rate of interest on this rather heavily
>>used overdraft is also increasing.
>>
>>Does anyone know of a bank that wants to lend money on sensible terms?
>How much are we talking about?  My savings are in a building society
>and as they are under 35k are safe but the returns are not good.  And
>the exchange rate of the euro to pound is not doing my pension or
>savings much good.
>
The over draft facilities are £0.5m for the company which is not using 
the facility and £1m for the company which is using its facility (pretty 
heavily).
-- 
K Richard W