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Loans to firms are rising say bankers
27.07.09
UK banks today said lending to small businesses rose by £391 million last month amid Government claims they are starving the economy of funds.
The British Bankers' Association (BBA) said lending to small firms in June rose by £366 million with a further £25 million in overdraft facilities.
This follows £133 million in May and £267 million in April. BBA chief executive Angela Knight said that lenders are “meeting their part of the bargain”.
