Loan funding set to be ramped up

The Bank of England has offered more signs that a multibillion-pound scheme aimed at boosting credit to households and businesses will be ramped up.

Amid evidence that the Funding for Lending (FLS) programme has so far failed to get banks lending more, minutes of the Bank's most recent rate-setting meeting showed policymakers "saw merits" in boosting the scheme.
%VIRTUAL-SkimlinksPromo%