Tag Archives: funding for lending scheme

Funding for Lending scheme failing as lending falls by £3.8 billion in May

New data published this week shows that banks are still not lending to British businesses, despite the government’s much trumpeted Funding for Lending scheme.

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Funding for Lending Scheme failing to get banks lending

The coalition is still failing to get banks lending to businesses, new figures from the British Bankers’ Association (BBA) reveal, despite the introduction of the government’s Funding for Lending Scheme (FLS), which gives cheap funding to banks on the basis that they lend money to households and businesses.

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