Merlin Project sleight of hand

Posted on 10 Aug 2011 by The Manufacturer

The topic of business lending was again on the lips of the country’s bankers last week.

It followed the early release of data from the five largest UK banks which suggested that they are on course to meet the lending targets to businesses set by the coalition government under the Project Merlin agreement. The Bank of England will be releasing its figures this Friday. Royal Bank of Scotland, Barclays, Lloyds, HSBC…

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