The Funding for Lending Scheme, which is an initiative by the Bank of England to ease credit woes, has so far been performing poorly among small businesses in UK despite this segment being the target people. Based on data from the Bank of England, the net lending for the 33 banks involved in the FLS […]
Tag: Funding for Lending Scheme
Lloyds secures £1bn from the Funding for Lending Scheme
The Bank of England has recently granted £1 billion to Lloyds, in order to make it easier for them to lend to small businesses, as well as people who want to borrow for a mortgage. The money has been gained from the Funding for Lending Scheme, which was organised by the government, and the bank […]