bank of England

Funding For Lending In Name Only

The government has announced that it will extend the Funding For Lending Scheme (FLS) and from the way the Chancellor described it in the Bank of England's official press release, you would think that banks would be knocking on the doors of businesses asking "how can we help you?"

Funding for Lending logo 

“The government’s long term economic plan is working with the Funding for Lending Scheme playing a vital role in supporting the recovery." (said Mr Osborne.)