U.K. Funding for Lending Scheme will focus on small firms

04/25/2013 | Reuters

The Bank of England and the U.K. Treasury say the Funding for Lending Scheme will enter a new phase focused on smaller companies as authorities view small businesses' lack of credit as a hindrance to economic recovery. Officials are also making other changes, including allowing banks to tap the program an extra year.

View Full Article in:

Reuters

Published in Brief: