As part of the Project Merlin initiative, UK’s biggest banks are increasing the lending to SME’s by 15%. Barclays are one of the UK banks to pledge support to Project Merlin.
The big four RBS, Lloyds, HSBC and Barclays are to make available £190bn in new credit to businesses in 2011 of which £76bn is for SME’s . . . → Read More: Project Merlin sees banks lend to SME’s