|Alternative Funding Network|
Clegg calls for FLS to be 'put on steroids'
11 Mar 2013
Nick Clegg is apparently determined to see the government's flagship Funding for Lending programme 'put on steroids'. The scheme, launched in July 2012, provides cheap funds to banks in exchange for commitments to lend to businesses and households. However it has failed to have much impact on SMEs, with lending figures contracting in the final three months of 2012.