Plans underway to boost lending to businesses

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Plans underway to boost lending to businesses

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01-14-2009, 10:07 AM

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Plans underway to boost lending to businesses

Business Secretary Lord Mandelson is set to unveil details of a loan which will kick-start lending to small businesses to help them weather the economic downturn. According to Lord Mandelson, the plans will target ‘genuine business needs‘. It is expected that Lord Mandelson will announce support for up to £10 billion in short-term loans for medium-sized firms [...]

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