Loan Plans for Small Businesses

The government have revealed plans to guarantee small businesses £20billion of loans. In return for a fee, the state will insure banks against companies defaulting on loan repayments. However there are concerns that £20billion won’t be enough for all businesses to share. Prime Minister Gordon Brown has described the measures as “real help now to deal with specific problems”. [more...]

Date: 2009-09-25 07:30:25

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