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Banks offering fewer loans

The Bank of England has announced that the number of loans being offered by banks have fallen, in spite of the Funding for Lending Scheme (FLS).

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Lending scheme benefits not helping small businesses

The Government's flagship scheme to get more loans to businesses and households is yet to bear fruit.

Overall lending by the big banks has in fact slumped, according to the latest figures.

Despite the fact that they have been taking advantage of the cheap money on offer from the Bank of England.

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