Downing Street Says » Funding for Lending

» Friday, July 13, 2012

Funding for Lending

Asked whether the PM was confident that the latest Bank of England action would increase lending to small businesses, the PMS said that the Bank of England and the Government were using the strength of the Government’s balance sheet to support the flow of lending in the economy. We had looked at a number of ways of supporting lending and the Funding for Lending’ scheme was the next stage in that process.

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