UK may urge lending to small businesses
LONDON (Reuters) - Chancellor Alistair Darling and Business Secretary Lord Mandelson will meet chief executives of Britain's leading banks on Wednesday to urge them to increase small business lending, The Times reported on Wednesday.
The two politicians will ask bank chiefs to raise lending to last year's levels of 53 billion pounds, the paper said.
The move comes as fears grow in the UK for thousands of jobs.
(Reporting by Ben Deighton, Editing by Tomasz Janowski)
© Thomson Reuters 2009 All rights reserved.
Can I have one for Christmas?
The hottest toy in the U.S. this Christmas is an interactive hamster. It does not come from one of the major toy brands or from a movie but a small, seven-year-old company from Missouri. Full Coverage
UK
US
London jewellers weigh Dubai crisis