HSBC announces £6bn fund for business lending
HSBC is to set up a £6 billion fund for lending to small and medium sized businesses around the UK.
The investment comes after a backdrop of claims that banks were not lending enough to small firms.
Head of Business Banking at HSBC Amanda Murphy said 2014 would be a "turning point" for lending.
She told ´óÏó´«Ã½ Radio 5 live's Wake Up to Money: "It's probably the best time for many years for businesses to invest and grow and we want to play our part in that."
This clip is from Wake Up To Money 17 April 2014.
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