There is now clear evidence that banks are destroying opportunities - both oil-related and offshore wind - so undermining jobs and the ability of companies to survive the downturn. Given the IHS/CERA report of just a few days ago that warned of serious consequences if there is not a rapid recovery of investment in boosting oil&gas output, short-sighted decision-making by the banking fraternity is plain stupid.
There is now clear evidence that banks are destroying opportunities - both oil-related and offshore wind - so undermining jobs and the ability of companies to survive the downturn. Given the IHS/CERA report of just a few days ago that warned of serious consequences if there is not a rapid recovery of investment in boosting oil&gas output, short-sighted decision-making by the banking fraternity is plain stupid.
