Here's the chancellor's Mansion House address, in which he announces details of new measures to boost the liquidity of Britain's banks and inject money into the 'real economy, in full:
Bank lending could be increased by as much as £80 billion under a bold new 'funding for lending' scheme unveiled by George Osborne and Mervyn King last night.
Britain's struggling small businesses will be able to secure cheaper bank lending as a result of the government's credit easing initiative unveiled today - but business leaders are warning it is not a "panacea" to the UK's bank lending problem.
The Treasury plans to lend money to small-and-medium sized businesses, after three years of failure in the banking sector.
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