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Ministers unveil plan to help small and medium-sized businesses

Ministers unveil plan to help small and medium-sized businesses; ENGLAND: London: GIR:INTBaroness Vadera (Shriti Vadera) 2-WAY interview SOT- You can apply (for business loan guarantees) on the website for Business Links or go to your bank / (Asked about making banks more accountable) It is a global financial crisis, it is not something we can do on our own / Banks that we recapitalized are lending to businesses / Problem is that it is the foreign banks who have reduced their lending to UK companies / British Banking Association released data that shows that British banks are lending to businesses but they don't fill the whole of the market / When we have economic downturn, companies will face problems in their business rather than facing problems because of lack of access to credit / (Asked 'when will we see the green shoots of recovery') It is a very uncertain world right now globally but I wouldn't want to be the one predicting it / I am seeing a few green shoots but it is a little bit too early to say exactly how they will grow
Ministers unveil plan to help small and medium-sized businesses; ENGLAND: London: GIR:INTBaroness Vadera (Shriti Vadera) 2-WAY interview SOT- You can apply (for business loan guarantees) on the website for Business Links or go to your bank / (Asked about making banks more accountable) It is a global financial crisis, it is not something we can do on our own / Banks that we recapitalized are lending to businesses / Problem is that it is the foreign banks who have reduced their lending to UK companies / British Banking Association released data that shows that British banks are lending to businesses but they don't fill the whole of the market / When we have economic downturn, companies will face problems in their business rather than facing problems because of lack of access to credit / (Asked 'when will we see the green shoots of recovery') It is a very uncertain world right now globally but I wouldn't want to be the one predicting it / I am seeing a few green shoots but it is a little bit too early to say exactly how they will grow
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Credit:
ITN
Editorial #:
663955546
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ITN
Date created:
January 14, 2009
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00:02:52:02
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ITN
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t14010946_0.mov