£2bn of loans could be floated to small businesses as part of the government's moves to shore up the foundation of the UK economy.
Lord Mandelson the business secretary is set to make the announcement this week, according to The Daily Telegraph.
Small businesses may get £2bn credit lifeline
Lord Mandelson planning to extend olive branch to the bedrock of the British economy
Accountancy Age, 13 Jan 2009
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Firms employing fewer than 50 staff will be able to dip into a £1bn pot of government credit.
The business secretary is also considering plans for a separate £1bn scheme for exporters, keeping companies afloat while they wait for their overseas customers to pay invoices.
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