RBS and Lloyds ordered to make over 80bn available to businesses
Sunday, September 5th, 2010
Inside: Secured Loans UK Quotes
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RBS and Lloyds ordered to make over 80bn available to businesses
The treasury is to order state-backed banks Lloyds Banking Group and Royal Bank of Scotland (RBS) to make over £80 billion of credit available to businesses this year.
Investors buoyed by better US jobs data
Traders are piling into risky bets after a better than expected US labour market report reinforced hopes that the US economy can avoid sliding back into recession.