Pierre Williams from the Federation of Small Businesses told ITV News that if the Funding for Lending Scheme fails, the Government will have to "look carefully" at whether high street banks are the 'right conduit'.
The £80 billion scheme will give money to banks on the basis that they provide cheaper loans to kick-start lending.
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More than 550 people have been killed in flooding across northern India, Nepal and Bangladesh.
Showers in the north. Fine in the south
A British man was injured in a suspected terror attack in Finland in which two people were killed, the Government has said.