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Govt invites bids for £500m of business loans

Govt invites bids for £500m of business loans
The Government will today invite bids for the second £500m round of business loans to help small and medium-sized companies. Fund managers will be asked to bid to manage £400m of funds, with another £100m going to smaller companies through non-traditional lending schemes. But Shadow Business Secretary Chuka Umunna said there were "real concerns" that the Government's £21bn credit easing scheme was failing to get money to firms. 

Green Box: Govt invites bids for £500m of business loansClick to open

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