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Business: Government Assistance

Volume 494: debated on Thursday 18 June 2009

To ask the Chancellor of the Exchequer whether any consortiums have requested loans from his Department's Infrastructure Finance Unit. (280094)

The Manchester Waste Authority, through DEFRA, requested a loan for their project. The Treasury's Infrastructure Finance Unit (TIFU) provided £120 million, which contributed to the project reaching financial close on 8 April.