Chancellor George Osborne’s plan to make it easier for small businesses to gain credit has been welcomed as a boost for the Swindon economy, but may only work if banks are prepared to play ball.
In this afternoon’s Autumn Statement the Chancellor announced a package of measures, including a £40bn fund to underwrite bank loans to small and medium-sized businesses with a turnover of less than £50m.
Neil Elsden’s comments were captured on the Swindon Business News website. Click here to read the full story.
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