Lloyds Bank confirmed this week that it is on course to beat the £1bn figure it set as part of its Manufacturing Commitment scheme last September.
The banking giant pledged additional lending to the British manufacturing sector over a 12 month period, and confirmed in its six month update that it has already lent £700m to a number of companies. The Commitment also applies to the Lloyds Funding for Lending offer of up to one per cent reduction in the interest…
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