Summary
LEADING banks will promise to boost lending to business by at least ten per cent this year under the terms of the long-awaited Project Merlin agreement between the sector and the Government.
Final details are still being thrashed out and talks could fail. But with politicians and bankers under pressure from public opinion to come up with a deal, an announcement is expected within the next week.See the full content of this document
Extract
Banks Pledge to Lend to Business ; Banks Pledge
The banks - Barclays, HSBC, Lloyds, Royal Bank of S...
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