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Small Businesses (Access to Finance)

Volume 542: debated on Thursday 15 March 2012

The Government are providing a comprehensive package of finance support, whether it be debt or equity funding, financial support for exports, or indeed a Business Angel co-investment fund. Next week, the Chancellor will launch the national loan guarantee scheme.

With just 136 net business start-ups in Glasgow North East in the last year, and with net bank lending having fallen in every quarter of 2011, when will firms in my constituency benefit from credit easing? It is more than five months since the Chancellor first announced it.