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The government will on Thursday invite bids to manage a further 500 million pounds of credit easing funds, the second tranche of business loans aimed at easing the flow of finance to cash-strapped companies, the Treasury said on Wednesday. Must Read
the housing sector is an obvious target for the government's guarantee scheme. Photograph: Roger Bamber/Alamy John Maynard Keynes once advocated paying people to dig holes and fill them in again, in order to create jobs and demand in a time of slump.
The chief executive of one of the banks signed up to a new £20bn credit easing scheme to help small companies has said that this would make credit cheaper for small and medium sized enterprises (SMEs) that would already get funding from the banks,
Chancellor of the Exchequer George Osborne will Tuesday launch the government's latest attempt to remedy one of the key drags on the economic recovery: the lack of credit available for small businesses. A day before he delivers his budget statement,
Vince Cable said Project Merlin had been useful but businesses faced a 'deeper' problem on funding Photograph: Radu Sigheti/Reuters Vince Cable has admitted that small and medium-sized businesses face a "deeper" funding problem, despite February's
At least Monday's manufacturing stats were better than expected and suggested the Bank of England's monetary policy committee (MPC) will hold back from printing more money until at least next month...The markets are now pricing in a double dip
Chancellor of the Exchequer George Osborne acknowledges applause at the Conservative party conference. Photograph: Jeff J Mitchell/Getty Images George Osborne has admitted one of his key plans has run into the ground with the announcement that he is