As part of that, the banks stated a capacity and willingness to lend £190 billion of new credit to businesses in 2011, with £76 billion of this lending capacity allocated to small and medium-sized enterprises. If demand exceeds this, the banks committed to lend more.
Published on 18 May 2011
// News // Monetary Policy Committee (MPC)
Bank Rate maintained at 0.75% - September...
Bank Rate maintained at 0.75% - September 2019
// News // News release