~RS~q~RS~~RS~z~RS~42~RS~)
Cable to announce £1bn for 'business bank'
£1bn of taxpayers money will be invested in a new business bank that aims kick start lending to small and medium sized companies.
The Business Secretary Vince Cable will make the announcement at the Liberal Democrat conference in Brighton today.
It is thought the new bank will offer money to firms which have struggled to get credit since the start of the financial crisis.
Ross Hawkins reports.
Most watched/listened
-
Saudi drivers in 'sidewalk skiing' craze
-
Cheese-maker warned over hill roll
-
Zoo worker dies after tiger attack
-
Will Smith surprise at City Hall
-
Opera singer proposes on stage
-
'Black widow' bombing in Russia
-
Turtle rescued after swallowing plastic
-
Charity reports rise in attacks on Muslims
-
Fifty years of the African Union
-
Stockholm cars and schools targeted
-
Meet the ‘Queen of North Shields’
-
Fears over EU-US energy price divide
-
Burning US railway bridge collapses
-
Audi crash like an 'explosion'
-
What lies behind Sweden's riots?
