Mandelson Puts Pressure On Banks Over Business Loans [Edition 3]

Summary


DOWNING STREET stepped up pressure on the banks this afternoon to give struggling industry a lifeline of cheaper loans.

As chief executives of the leading banks faced a dressing down at the Treasury, the Prime Minister's office warned they had not lived up to pledges given when they needed bailing out by the taxpayer.

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Mandelson Puts Pressure On Banks Over Business Loans [Edition 3]

Business Secretary Lord Mandelson announced that he would be joining Chancell...

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