The British Banker's Association has said today that they are "committed" to the Treasury's new £80 billion Funding for Lending Scheme, which was put into action today. The BBA said:
The UK's lending market is very competitive - and with support through schemes like the FLS for even lower cost borrowing, now is a very good time for UK businesses and individuals to speak to a bank about their financing needs.
The scheme is open to all banks and building societies and should act as a driver for competition, which should benefit both consumers and businesses.
More top news
Police are appealing for witnesses after a Pagani Zonda driver's early morning crash near Chichester.
Two women accused of murdering Kim Jong-nam - the half-brother ofKim Jong-un - have revisited the scene of the attack.
It's a cloudy start for many with some rain around, mainly in the north and west